Virginia Wesleyan University
Virginia Wesleyan University reported $112.6 million in revenue and $72.5 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $76.85 went to program services, $21.91 to management and general costs and $1.24 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 49.8% of the total. The highest compensation it reported for one person was $610,338 (PRESIDENT). 38 people received more than $100,000 in reportable compensation. Revenue rose 68% 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 $72MFor 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 $113MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 76.8% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 21.9% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 1.2% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.02 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 44.2% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.1% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 49.8% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $610,338 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.84% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 38 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 43.5 | 13.3 |
| Independent voting board members Part VI 1a–1b | 37 of 37 | 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 expenseEducational and general expenses to include instructional services, public services, plant operations and student aid. For approximately 1,241 traditional students and 3,586 continuing education learners enrolled and 156 in graduate programs during fiscal year 2024/25 with 1 student graduating with an associate degree, 262 students graduating with baccalaureate degrees and 32 students graduating with graduate degrees
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 |
|---|---|---|---|---|
| PRESIDENT Officer, 50.00 hrs/week | $523,219 | $0 | $87,119 | $610,338 |
| VICE PRESIDENT FOR FINANCE Officer, 40.00 hrs/week | $180,200 | $0 | $22,326 | $202,526 |
| PROVOST & VICE PRESIDENT FOR ACADEMIC AFFAIRS Officer, 40.00 hrs/week | $175,157 | $0 | $22,696 | $197,853 |
| HEAD MEN'S BASKETBALL COAC Highest compensated employee, 40.00 hrs/week | $158,168 | $0 | $34,188 | $192,356 |
| PROFESSOR Highest compensated employee, 40.00 hrs/week | $148,216 | $0 | $35,319 | $183,535 |
| SENIOR VICE PRESIDENT Officer, 40.00 hrs/week | $154,216 | $0 | $26,371 | $180,587 |
| CHIEF INFORMATION OFFICER Highest compensated employee, 40.00 hrs/week | $143,622 | $0 | $20,488 | $164,110 |
| PROFESSOR Highest compensated employee, 40.00 hrs/week | $139,589 | $0 | $21,418 | $161,007 |
38 people received more than $100,000 in reportable compensation from Virginia Wesleyan University (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.3M (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–1b37 · 37 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 5665
- Volunteers Part I, line 625
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| HOURIGAN CONSTRUCTION Building contractor | $12,300,479 |
| ARAMARK Facility management | $3,959,233 |
| SODEXO Food services | $3,298,495 |
| DRIVESTREAM INC Consulting | $708,021 |
| BLOCK ROOFING CORPORATION Roof contractor | $501,465 |
Individuals listed as contractors are left out. 18 contractors were paid more than $100,000 in all.
Private foundation grants it received
17 private foundations reported grants to Virginia Wesleyan University totaling $1.3M 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 Virginia Wesleyan 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 Virginia Wesleyan University, you can publish a response that is linked from this page.
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Of every $100 Virginia Wesleyan University spent in FY2025, $76.85 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- High Tech HighSan Diego, CA · revenue $112M · programs 73.2% · FY2025
- Texas Wesleyan UniversityFort Worth, TX · revenue $113M · programs 87.6% · FY2025
- Franklin UniversityColumbus, OH · revenue $112M · programs 84.3% · FY2025
- College of St ScholasticaDuluth, MN · revenue $113M · programs 89.9% · FY2025
- Abeka AcademyPensacola, FL · revenue $112M · programs 80.0% · FY2025
Questions people ask
How much of Virginia Wesleyan University's spending goes to programs?
In the fiscal year ending June 30, 2025, Virginia Wesleyan University reported that 76.8% of its $72.5 million in expenses went to program services, 21.9% to management and general and 1.2% to fundraising (Form 990, Part IX).
How much does Virginia Wesleyan University pay its top executive?
The largest total compensation Virginia Wesleyan University reported for one person in the fiscal year ending June 30, 2025 was $610,338, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Virginia Wesleyan University get its money?
Of $112.6 million in revenue in the fiscal year ending June 30, 2025, 44.2% came from contributions and grants (including 0.1% from government grants) and 49.8% from program service revenue (Form 990, Part VIII).
Is Virginia Wesleyan University a registered charity?
The IRS lists EIN 54-6039600 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 202631289349301138 · read the filing
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202511299349301866 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202431319349300138 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202341259349301549 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202221369349306872 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202111339349301746 · read the filing
All filings for EIN 54-6039600: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.