Catawba College
Catawba College reported $310.5 million in revenue and $95.2 million in expenses for the fiscal year ending May 31, 2025. Of every $100 it spent, $70.25 went to program services, $28.03 to management and general costs and $1.72 to fundraising. Its largest source of revenue was contributions and grants: 82.1% of the total. The highest compensation it reported for one person was $361,852 (PRESIDENT). 40 people received more than $100,000 in reportable compensation. Revenue rose 364% 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 $95MFor 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 $311MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 70.3% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 28.0% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 1.7% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.01 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 82.1% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 16.4% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $361,852 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.38% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 40 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 103.2 | 13.3 |
| Independent voting board members Part VI 1a–1b | 20 of 20 | 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 expenseCatawba College is a private, coeducational, and residential institution offering career preparation grounded in the liberal arts tradition. We offer over 70 academic fields of study including strong science and pre-professional programs
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, 40.00 hrs/week | $328,357 | $0 | $33,495 | $361,852 |
| EVP & PROVOST Officer, 40.00 hrs/week | $244,900 | $0 | $20,011 | $264,911 |
| DEAN OF SCHOOL OF BUSINESS Key employee, 40.00 hrs/week | $221,583 | $0 | $16,583 | $238,166 |
| VP OF DEVELOPMENT Officer, 40.00 hrs/week | $228,379 | $0 | $2,447 | $230,826 |
| VP OF SUSTAINABILITY/EXEC Key employee, 40.00 hrs/week | $176,353 | $0 | $15,788 | $192,141 |
| CHIEF INFORMATION OFFICER Key employee, 40.00 hrs/week | $158,105 | $0 | $16,520 | $174,625 |
| EXECUTIVE DIRECTOR, CLEAN Highest compensated employee, 40.00 hrs/week | $149,817 | $0 | $15,137 | $164,954 |
| CHAIR OF NURSING DEPARTMENT Highest compensated employee, 40.00 hrs/week | $145,191 | $0 | $16,520 | $161,711 |
40 people received more than $100,000 in reportable compensation from Catawba College (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.7M (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–1b20 · 20 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 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 18Yes
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 5765
- Volunteers Part I, line 625
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| THE BUDD GROUP INC Outsourced property and maintenance serv | $3,832,867 |
| TRUIST Credit card payments | $3,091,167 |
| COMPASS GROUP USA INC CHARTWELLS DIN Dining services | $2,959,902 |
| CMTA INC Construction | $2,688,772 |
| BALFOUR BEATTY CONSTRUCTION GROUP INC Construction | $1,794,926 |
Individuals listed as contractors are left out. 36 contractors were paid more than $100,000 in all.
Private foundation grants it received
26 private foundations reported grants to Catawba College totaling $837K 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 Catawba 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 Catawba College, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Catawba College spent in FY2025, $70.25 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Edward Via Virginia College of Osteopathic MedicineBlacksburg, VA · revenue $310M · programs 89.6% · FY2025
- Temple University Health SystemPhiladelphia, PA · revenue $313M · programs 4.7% · FY2025
- Responsiveed TexasLewisville, TX · revenue $309M · programs 83.1% · FY2025
- Carleton CollegeNorthfield, MN · revenue $315M · programs 88.8% · FY2025
- University of HartfordWest Hartford, CT · revenue $306M · programs 89.9% · FY2025
All education charities · Largest charities in North Carolina
Questions people ask
How much of Catawba College's spending goes to programs?
In the fiscal year ending May 31, 2025, Catawba College reported that 70.3% of its $95.2 million in expenses went to program services, 28.0% to management and general and 1.7% to fundraising (Form 990, Part IX).
How much does Catawba College pay its top executive?
The largest total compensation Catawba College reported for one person in the fiscal year ending May 31, 2025 was $361,852, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Catawba College get its money?
Of $310.5 million in revenue in the fiscal year ending May 31, 2025, 82.1% came from contributions and grants and 16.4% from program service revenue (Form 990, Part VIII).
Is Catawba College a registered charity?
The IRS lists EIN 56-0530251 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 202600719349301100 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending May 31, 2024, object 202531059349302358 · read the filing
- FY2023: Form 990 for the fiscal year ending May 31, 2023, object 202421049349300237 · read the filing
- FY2022: Form 990 for the fiscal year ending May 31, 2022, object 202242879349300834 · read the filing
- FY2021: Form 990 for the fiscal year ending May 31, 2021, object 202102869349300825 · read the filing
- FY2020: Form 990 for the fiscal year ending May 31, 2020, object 202100639349300745 · read the filing
All filings for EIN 56-0530251: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.