Education
(B410)
IRS Verified
DX Registered
990 on File
RANKEN TECHNICAL COLLEGE
Financial strength (30%)
91/100
Reliability (20%)
55/100
Effectiveness (25%)
93/100
Impact (25%)
No data yet
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CharityAI™ Score
Not yet evaluated
Mission Statement
Ranken Technical College is a private, nonprofit, degree-granting institution of higher learning whose primary mission is to provide the comprehensive education and training necessary to prepare students for employment and advancement in a variety of technical fields.
Financial Overview — FY 2024
$42.7M
Total Revenue
$40.5M
Total Expenses
$127.4M
Net Assets
406
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
86.8%
Fundraising Efficiency
N/A
Operating Reserve
37.73x
Liability-to-Asset
10.1%
Revenue Diversification
68.9%
Executive Compensation
$872K
Compared with Peers
FY 2024
Compared with 1,943 similar organizations
(United States, Education, $10M–$100M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
86.8% | 84.6% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
11.5% | 13.3% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
1.7% | 0.7% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
37.7 mo | 10.6 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
10.1% | 31.2% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
68.9% | 88.3% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-2.1% | 7.9% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-4.8% | 7.4% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
5.0% | 3.0% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $42.7M | $40.5M | $127.4M | 86.8% | 406 |
| 2023 | $43.6M | $42.6M | $118.3M | 86.6% | 415 |
| 2022 | $47.1M | $41.3M | $112.0M | 85.6% | 417 |
| 2021 | $39.1M | $31.8M | N/A | — | 474 |
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