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Randolph College

Also known as Randolph College

Lynchburg, VA · EIN 54-0505941 · 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

Randolph College reported $50.2 million in revenue and $50.7 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $81.40 went to program services, $12.39 to management and general costs and $6.21 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 58.3% of the total. The highest compensation it reported for one person was $471,494 (COLLEGE PRESIDENT). 20 people received more than $100,000 in reportable compensation. Revenue fell 13% 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 $51M

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 $50M

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)
81.4%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
12.4%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
6.2%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.67$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
9.4%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
1.2%1.1%
Program service revenue share
Part VIII 2g ÷ 12
58.3%69.9%
Highest reported compensation
Part VII-A, columns D–F
$471,494$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.93%1.28%
People paid over $100,000
Part VII, line 2
208
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
63.413.3
Independent voting board members
Part VI 1a–1b
26 of 26100.0%

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
$41M expenses · 100.0% of program spending · grants $12M · revenue $29M

Instruction: 776 full-time undergraduate and graduate students and 40 part-time students (based on fall 2024 enrollment)

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
COLLEGE PRESIDENT
Officer, 40 hrs/week
$412,869$0$58,625$471,494
TREASURER/VP FOR FINANCE AND ADMINISTRATION
Officer, 40 hrs/week
$186,232$0$48,620$234,852
PROVOST AND VP FOR ACADEMIC AFFAIRS
Highest compensated employee, 40 hrs/week
$186,868$0$37,055$223,923
VP FOR INSTITUTIONAL EFFECTIVENESS AND REGISTRAR
Highest compensated employee, 40 hrs/week
$171,716$0$41,244$212,960
VP FOR INSTITUTIONAL ADVANCEMENT
Highest compensated employee, 40 hrs/week
$149,847$0$43,314$193,161
ASSOCIATE PROFESSOR OF SPORT AND EXERCISE STUDIES
Highest compensated employee, 40 hrs/week
$134,815$0$31,825$166,640
PROFESSOR OF LINGUISTICS
Highest compensated employee, 40 hrs/week
$132,550$0$33,552$166,102
SECRETARY/SPECIAL ASSISTANT TO THE PRESIDENT
Officer, 40 hrs/week
$103,469$0$27,360$130,829

20 people received more than $100,000 in reportable compensation from Randolph College (Part VII, line 2). Compensation of current officers, directors and key employees totaled $864K (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$50M$51M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$50M$51M81.4%$268M$471,494
FY2024 ⓘ$44M$45M79.2%$261M$454,048
FY2023 ⓘ$26M$41M79.5%$260M$262,310
FY2022 ⓘ$52M$39M78.9%$267M$404,614
FY2021 ⓘ$44M$35M77.5%$279M$435,785
FY2020 ⓘ$58M$47M83.0%$221M$423,956

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–1b26 · 26 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 11aNo
  • 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 5721
  • Volunteers Part I, line 635

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
ARAMARK
Dining and catering services
$2,249,765
NYCOM INC
Construction
$1,551,739
THE RICHMOND FUND LP
Investment management
$1,122,542
VMDO ARCHITECTS PC
Construction
$682,428

Individuals listed as contractors are left out. 21 contractors were paid more than $100,000 in all.

Private foundation grants it received

33 private foundations reported grants to Randolph College totaling $609K 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 Randolph 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 Randolph College, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Virginia

Questions people ask

How much of Randolph College's spending goes to programs?

In the fiscal year ending June 30, 2025, Randolph College reported that 81.4% of its $50.7 million in expenses went to program services, 12.4% to management and general and 6.2% to fundraising (Form 990, Part IX).

How much does Randolph College pay its top executive?

The largest total compensation Randolph College reported for one person in the fiscal year ending June 30, 2025 was $471,494, for the role of COLLEGE PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Randolph College get its money?

Of $50.2 million in revenue in the fiscal year ending June 30, 2025, 9.4% came from contributions and grants (including 1.2% from government grants) and 58.3% from program service revenue (Form 990, Part VIII).

Is Randolph College a registered charity?

The IRS lists EIN 54-0505941 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 202631349349309543 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202531359349309148 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202441359349306924 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202311359349305771 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202201339349301660 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202121379349300942 · read the filing

All filings for EIN 54-0505941: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.