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Anderson University

Anderson, IN · EIN 35-0867954 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending May 31, 2025 (tax year 2024) · View the filing · Correct or respond

Anderson University reported $61.0 million in revenue and $68.2 million in expenses for the fiscal year ending May 31, 2025. Of every $100 it spent, $86.46 went to program services, $12.01 to management and general costs and $1.53 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 83.8% of the total. The highest compensation it reported for one person was $261,786 (President). 5 people received more than $100,000 in reportable compensation. Revenue fell 3% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending May 31, 2025 · Form 990, Part IX, line 25 · total expenses $68M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending May 31, 2025 · Form 990, Part VIII · total revenue $61M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
86.5%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
12.0%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
1.5%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.19$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
8.9%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
1.6%1.1%
Program service revenue share
Part VIII 2g ÷ 12
83.8%69.9%
Highest reported compensation
Part VII-A, columns D–F
$261,786$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.38%1.28%
People paid over $100,000
Part VII, line 2
58
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
13.013.3
Independent voting board members
Part VI 1a–1b
23 of 24100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$56M expenses · 95.4% of program spending · grants $23M · revenue $42M

Higher education: General educational activities serving 1,153 students during the 2023-24 school year. AU students benefit from the expertise of 81 full-time and 84 part-time faculty members. Anderson University continues to be recognized as one of America's top colleges by US News & World Report and Colleges of Distinction. Three of the university's programs received "badges of distinction": Business, Education, and Nursing. The University has long had a strong undergraduate liberal arts curriculum. The University's MBA, Master's in Christian Ministry, and Master of Divinity programs are…

$2.7M expenses · 4.6% of program spending · revenue $9.5M

Higher education: Auxiliary enterprise primarily involving residence halls, food services, Student Health Services, Mail Center, and bookstore activities supporting the educational program. We believe that on-campus living is an integral part of the college experience. In our residence halls, we are committed to offering not only a safe and comfortable place to live, but also an environment that promises to both challenge and support our students as they grow physically, academically, socially, and spiritually. Anderson University Food Services provides friendly service and great variety in…

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
President
Director/trustee, officer, 35.0 hrs/week
$209,755$0$52,031$261,786
VP for Enrollment and Marketing
Officer, 35.0 hrs/week
$147,338$0$18,036$165,374
VP for Finance and Treasurer
Officer, 35.0 hrs/week
$122,160$0$13,236$135,396
VP Advancement and Secretary
Officer, 35.0 hrs/week
$120,078$0$13,236$133,314
Provost and VP of Corporation
Officer, 35.0 hrs/week
$118,973$0$13,788$132,761
VP MARKETING AND COMMUNICATION
Officer, 35.0 hrs/week
$98,819$0$13,629$112,448
Assistant Secretary
Officer, 35.0 hrs/week
$45,816$0$450$46,266

5 people received more than $100,000 in reportable compensation from Anderson University (Part VII, line 2). Compensation of current officers, directors and key employees totaled $960K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$20M$40M$60M$80MFY2020FY2021FY2022FY2023FY2024FY2025$61M$68M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$61M$68M86.5%$74M$261,786
FY2024 ⓘ$76M$69M82.9%$81M$260,894
FY2023 ⓘ$63M$64M84.7%$73M$251,293
FY2022 ⓘ$63M$62M84.5%$76M$250,258
FY2021 ⓘ$57M$56M83.2%$80M$219,557
FY2020 ⓘ$63M$60M83.0%$70M$238,288

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b24 · 23 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 51,049
  • Volunteers Part I, line 625

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
CHARTWELLS DINING SERVICES
Food service management
$3,327,543
HES FACILITIES MANAGEMENT LLC
Custodial services
$2,400,726
UNIVERSITY FACILITY MINISTRY INC
Financial consulting
$1,519,337
JOBSOURCE
Contractor services
$982,745
CORE EDUCATION PBC
Enrollment services
$681,631

Individuals listed as contractors are left out. 17 contractors were paid more than $100,000 in all.

Private foundation grants it received

12 private foundations reported grants to Anderson University totaling $2.8M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Anderson University's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Anderson University, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Indiana

Questions people ask

How much of Anderson University's spending goes to programs?

In the fiscal year ending May 31, 2025, Anderson University reported that 86.5% of its $68.2 million in expenses went to program services, 12.0% to management and general and 1.5% to fundraising (Form 990, Part IX).

How much does Anderson University pay its top executive?

The largest total compensation Anderson University reported for one person in the fiscal year ending May 31, 2025 was $261,786, for the role of President (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Anderson University get its money?

Of $61.0 million in revenue in the fiscal year ending May 31, 2025, 8.9% came from contributions and grants (including 1.6% from government grants) and 83.8% from program service revenue (Form 990, Part VIII).

Is Anderson University a registered charity?

The IRS lists EIN 35-0867954 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending May 31, 2025, object 202630989349301243 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending May 31, 2024, object 202501059349301990 · read the filing
  • FY2023: Form 990 for the fiscal year ending May 31, 2023, object 202401069349301560 · read the filing
  • FY2022: Form 990 for the fiscal year ending May 31, 2022, object 202311049349300931 · read the filing
  • FY2021: Form 990 for the fiscal year ending May 31, 2021, object 202200959349301320 · read the filing
  • FY2020: Form 990 for the fiscal year ending May 31, 2020, object 202131029349301233 · read the filing

All filings for EIN 35-0867954: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.