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McKendree University

Lebanon, IL · EIN 37-0661219 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

McKendree University reported $73.7 million in revenue and $75.1 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $91.71 went to program services, $6.94 to management and general costs and $1.35 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 89.6% of the total. The highest compensation it reported for one person was $394,595 (President). 10 people received more than $100,000 in reportable compensation. Revenue rose 21% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $75M

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 June 30, 2025 · Form 990, Part VIII · total revenue $74M

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)
91.7%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
6.9%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
1.4%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.22$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
6.3%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
2.9%1.1%
Program service revenue share
Part VIII 2g ÷ 12
89.6%69.9%
Highest reported compensation
Part VII-A, columns D–F
$394,595$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.53%1.28%
People paid over $100,000
Part VII, line 2
108
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
10.813.3
Independent voting board members
Part VI 1a–1b
34 of 35100.0%

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
$46M expenses · 67.5% of program spending · grants $31M · revenue $56M

Instruction and Academic Support - We offer undergraduate, graduate and professional programs to develop our students' knowledge, analytical abilities, research capabilities, creativity, and sense of identity. We offer an intellectual and technological environment supportive of innovative and effective teaching , research, assessment and communication, excellent writing and oral skills, and decision making

$15M expenses · 22.5% of program spending · revenue $611K

Student Services - To create a culture of campus life that includes experiences beyond the classroom that allow for development of the whole person

$6.9M expenses · 10.0% of program spending · revenue $9.8M

Auxiliary Services - To provide room and board for students at the Lebanon, IL campus

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
Officer, 40.0 hrs/week
$346,017$0$48,578$394,595
VP for Institutional Advancement
Highest compensated employee, 40.0 hrs/week
$144,835$0$34,322$179,157
VP for Operations
Highest compensated employee, 40.0 hrs/week
$168,256$0$8,673$176,929
Provost
Highest compensated employee, 40.0 hrs/week
$142,381$0$23,967$166,348
CIO & Director of IT
Highest compensated employee, 40.0 hrs/week
$113,676$0$13,311$126,987
VP for Student Affairs
Highest compensated employee, 40.0 hrs/week
$113,364$0$8,061$121,425
VP for Administration & Finance
Officer, 40.0 hrs/week
$80,732$0$13,846$94,578

10 people received more than $100,000 in reportable compensation from McKendree University (Part VII, line 2). Compensation of current officers, directors and key employees totaled $590K (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$74M$75M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$74M$75M91.7%$68M$394,595
FY2024 ⓘ$79M$71M83.7%$66M$392,234
FY2023 ⓘ$64M$66M82.2%$63M$364,831
FY2022 ⓘ$60M$60M82.9%$63M$332,918
FY2021 ⓘ$68M$59M85.9%$70M$365,085
FY2020 ⓘ$61M$65M84.8%$55M$434,999

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–1b35 · 34 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 2Yes
  • 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 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5950
  • Volunteers Part I, line 655

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
Sodexo Inc & Affiliates
Facilities management & food service
$3,680,155
Holland Construction Services
Construction Services
$3,322,777
Hastings Chivetta Architects
Professional Services
$621,774
Vandalia Bus Lines Inc
Transportation Services
$595,480
Ellucian Company Llc
Higher education technology services
$570,205

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

Private foundation grants it received

14 private foundations reported grants to McKendree University totaling $101K 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 McKendree 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 McKendree University, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Illinois

Questions people ask

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

In the fiscal year ending June 30, 2025, McKendree University reported that 91.7% of its $75.1 million in expenses went to program services, 6.9% to management and general and 1.4% to fundraising (Form 990, Part IX).

How much does McKendree University pay its top executive?

The largest total compensation McKendree University reported for one person in the fiscal year ending June 30, 2025 was $394,595, for the role of President (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does McKendree University get its money?

Of $73.7 million in revenue in the fiscal year ending June 30, 2025, 6.3% came from contributions and grants (including 2.9% from government grants) and 89.6% from program service revenue (Form 990, Part VIII).

Is McKendree University a registered charity?

The IRS lists EIN 37-0661219 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 June 30, 2025, object 202631359349307608 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202541329349301804 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202431309349304403 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202331359349304503 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202201339349305405 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202131349349306348 · read the filing

All filings for EIN 37-0661219: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.