McPherson College
McPherson College reported $67.4 million in revenue and $48.5 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $85.47 went to program services, $11.01 to management and general costs and $3.52 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 57.6% of the total. The highest compensation it reported for one person was $494,899 (COLLEGE PRES). 11 people received more than $100,000 in reportable compensation. Revenue rose 79% 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 $48MFor 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 $67MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 85.5% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 11.0% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 3.5% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.08 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 33.1% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 2.4% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 57.6% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $494,899 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.02% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 11 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 194.9 | 13.3 |
| Independent voting board members Part VI 1a–1b | 25 of 25 | 100.0% |
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 expenseMcpherson College's mission is to "develop whole persons through scholarship, participation, and service" within a career-focused liberal arts environment. In 2023, the college secured an unprecedented 1b commitment to its endowment, marking one of the largest single endowment commitments of any small liberal arts college in the U.S. Nationally recognized by U.S. News & world report, money magazine, and the chronicle of higher education's "great colleges to work for," Mcpherson College is renowned for its innovative programs. Its automotive restoration program, the first four-year degree…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| COLLEGE PRES Officer, 50.00 hrs/week | $444,447 | $0 | $50,452 | $494,899 |
| EXECUTIVE VP Key employee, 50.00 hrs/week | $202,216 | $0 | $4,050 | $206,266 |
| VP FOR FINAN Key employee, 50.00 hrs/week | $157,650 | $0 | $25,817 | $183,467 |
| VP FOR ADMIS Highest compensated employee, 50.00 hrs/week | $148,209 | $0 | $31,677 | $179,886 |
| VP FOR ADVAN Highest compensated employee, 50.00 hrs/week | $137,192 | $0 | $30,333 | $167,525 |
| CHIEF ACAD O Highest compensated employee, 50.00 hrs/week | $126,908 | $0 | $23,262 | $150,170 |
| DIR OF ATHLE Highest compensated employee, 50.00 hrs/week | $122,502 | $0 | $14,293 | $136,795 |
| EXEC DIR OF Highest compensated employee, 50.00 hrs/week | $108,798 | $0 | $22,367 | $131,165 |
11 people received more than $100,000 in reportable compensation from McPherson College (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.1M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance 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–1b25 · 25 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 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 5487
- Volunteers Part I, line 651
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| DONDLINGER & SONS CONSTRUCTION Construction | $9,735,836 |
| SODEXO DINING SERVICES Dining service | $2,148,104 |
| PAUL PROPERTY MANAGEMENT INC Property mgmt | $695,472 |
| REACH SOLUTIONS INC It services | $567,518 |
Individuals listed as contractors are left out. 9 contractors were paid more than $100,000 in all.
Private foundation grants it received
21 private foundations reported grants to McPherson College totaling $3.7M 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 McPherson College's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for McPherson College, you can publish a response that is linked from this page.
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Of every $100 McPherson College spent in FY2025, $85.47 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Doane UniversityCrete, NE · revenue $67M · programs 90.6% · FY2025
- Charlotte Country Day SchoolCharlotte, NC · revenue $67M · programs 83.9% · FY2025
- Graduate Management Admission CouncilReston, VA · revenue $67M · programs 72.3% · 2024
- Dream Charter SchoolNew York, NY · revenue $67M · programs 80.0% · FY2025
- John Adams AcademiesRoseville, CA · revenue $67M · programs 92.8% · FY2025
Questions people ask
How much of McPherson College's spending goes to programs?
In the fiscal year ending June 30, 2025, McPherson College reported that 85.5% of its $48.5 million in expenses went to program services, 11.0% to management and general and 3.5% to fundraising (Form 990, Part IX).
How much does McPherson College pay its top executive?
The largest total compensation McPherson College reported for one person in the fiscal year ending June 30, 2025 was $494,899, for the role of COLLEGE PRES (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does McPherson College get its money?
Of $67.4 million in revenue in the fiscal year ending June 30, 2025, 33.1% came from contributions and grants (including 2.4% from government grants) and 57.6% from program service revenue (Form 990, Part VIII).
Is McPherson College a registered charity?
The IRS lists EIN 48-0543736 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 202600579349300635 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202540489349301959 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202421359349311242 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202320729349300012 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202240599349300414 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202141259349300624 · read the filing
All filings for EIN 48-0543736: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.