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High Point University

High Point, NC · EIN 56-0529999 · 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

High Point University reported $501.9 million in revenue and $439.3 million in expenses for the fiscal year ending May 31, 2025. Of every $100 it spent, $82.41 went to program services, $16.19 to management and general costs and $1.40 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 83.1% of the total. The highest compensation it reported for one person was $5,881,203 (PRESIDENT). 191 people received more than $100,000 in reportable compensation. Revenue rose 70% 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 $439M

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 $502M

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)
82.4%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
16.2%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
$0.10$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
11.8%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
2.7%1.1%
Program service revenue share
Part VIII 2g ÷ 12
83.1%69.9%
Highest reported compensation
Part VII-A, columns D–F
$5,881,203$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.34%1.28%
People paid over $100,000
Part VII, line 2
1918
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
30.613.3
Independent voting board members
Part VI 1a–1b
34 of 37100.0%

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
$321M expenses · 88.5% of program spending · grants $95M · revenue $368M

High Point University is a private, co-ed university committed to providing students with an exceptional education. Hpu serves approximately 5,150 undergraduate students through its phillips school of business, wanek school of natural sciences, webb school of engineering, qubein school of communications, hayworth school of arts & design, school of nursing, stout school of education, congdon school of health sciences, and school of humanities and behavioral sciences

$41M expenses · 11.5% of program spending · grants $13M · revenue $62M

The university, through its norcross graduate school, also serves approximately 1,200 graduate students seeking degrees in business administration, education, athletic training, physician assistant, strategic communication, health sciences, physical therapy and pharmacy

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, 40.00 hrs/week
$4,961,352$0$919,851$5,881,203
COACH
Highest compensated employee, 40.00 hrs/week
$747,503$0$44,351$791,854
DEAN, SCHOOL OF LAW
Highest compensated employee, 40.00 hrs/week
$429,631$0$31,902$461,533
DEAN, SCHOOL OF DENTAL MED
Highest compensated employee, 40.00 hrs/week
$381,401$0$43,282$424,683
SENIOR VICE PRESIDENT
Officer, 40.00 hrs/week
$329,992$0$46,437$376,429
SENIOR VICE PRESIDENT
Officer, 40.00 hrs/week
$327,712$0$48,118$375,830
SENIOR VICE PRESIDENT
Officer, 40.00 hrs/week
$303,363$0$34,913$338,276
SENIOR VICE PRESIDENT
Officer, 40.00 hrs/week
$272,781$0$49,920$322,701

191 people received more than $100,000 in reportable compensation from High Point University (Part VII, line 2). Compensation of current officers, directors and key employees totaled $10M (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$200M$400M$600M$800MFY2020FY2021FY2022FY2023FY2024FY2025$502M$439M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$502M$439M82.4%$1.12B$5,881,203
FY2024 ⓘ$490M$397M81.2%$1.05B$3,436,678
FY2023 ⓘ$422M$357M80.0%$941M$4,416,211
FY2022 ⓘ$439M$320M81.1%$878M$2,155,537
FY2021 ⓘ$347M$262M82.1%$767M$1,749,403
FY2020 ⓘ$295M$248M79.7%$661M$3,443,945

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–1b37 · 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 26Yes
  • 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 14bYes
  • Employees Part I, line 53,204

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
SHELCO LLC
General contractor
$47,067,181
APPLEGATE RESTAURANTS LLC
Food services
$1,299,012
NETUNLIMITED CABLING SOLUTIONS
General contractor
$1,246,666
BRAD'S ELECTRICAL CONSTRUCTION COMP
General contractor
$1,085,137

Individuals listed as contractors are left out. 54 contractors were paid more than $100,000 in all.

Private foundation grants it received

54 private foundations reported grants to High Point University totaling $1.6M 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 High Point 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 High Point University, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in North Carolina

Questions people ask

How much of High Point University's spending goes to programs?

In the fiscal year ending May 31, 2025, High Point University reported that 82.4% of its $439.3 million in expenses went to program services, 16.2% to management and general and 1.4% to fundraising (Form 990, Part IX).

How much does High Point University pay its top executive?

The largest total compensation High Point University reported for one person in the fiscal year ending May 31, 2025 was $5,881,203, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does High Point University get its money?

Of $501.9 million in revenue in the fiscal year ending May 31, 2025, 11.8% came from contributions and grants (including 2.7% from government grants) and 83.1% from program service revenue (Form 990, Part VIII).

Is High Point University a registered charity?

The IRS lists EIN 56-0529999 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 202641059349302309 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending May 31, 2024, object 202521059349301532 · read the filing
  • FY2023: Form 990 for the fiscal year ending May 31, 2023, object 202411039349301241 · read the filing
  • FY2022: Form 990 for the fiscal year ending May 31, 2022, object 202341079349300509 · read the filing
  • FY2021: Form 990 for the fiscal year ending May 31, 2021, object 202221089349300107 · read the filing
  • FY2020: Form 990 for the fiscal year ending May 31, 2020, object 202131059349301608 · read the filing

All filings for EIN 56-0529999: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.