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Spartanburg Methodist College

Spartanburg, SC · EIN 57-0314415 · 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

Spartanburg Methodist College reported $31.2 million in revenue and $30.4 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $79.21 went to program services, $19.24 to management and general costs and $1.55 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 82.6% of the total. Government grants made up 7.7%. The highest compensation it reported for one person was $282,709 (President of the College). 9 people received more than $100,000 in reportable compensation. Revenue rose 35% 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 $30M

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 $31M

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)
79.2%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
19.2%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
1.6%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
15.3%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
7.7%1.1%
Program service revenue share
Part VIII 2g ÷ 12
82.6%69.9%
Highest reported compensation
Part VII-A, columns D–F
$282,709$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
98
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
20.213.3
Independent voting board members
Part VI 1a–1b
23 of 23100.0%

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
$18M expenses · 74.7% of program spending · grants $7.1M · revenue $21M

Higher Education: SMC is a private, church-related (United Methodist) institution of higher education. The College provides instruction to approximately 1200 liberal arts students

$6.1M expenses · 25.3% of program spending · revenue $4.9M

The College provides housing and food service to students for a fee and is a member of the NAIA for athletic purposes. Auxiliary enterprises consist of the revenues and expenses related to these areas

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 of the College
Officer, 60.00 hrs/week
$256,268$0$26,441$282,709
Provost & Executive VP for Academic Affairs
Officer, 45 hrs/week
$147,198$0$12,340$159,538
VP for Enrollment
Officer, 45 hrs/week
$133,620$0$6,681$140,301
VP for Facilities
Highest compensated employee, 45 hrs/week
$121,098$0$18,166$139,264
CFO
Officer, 45 hrs/week
$122,226$0$11,090$133,316
VP for IT and Analytics
Highest compensated employee, 45 hrs/week
$100,603$0$18,537$119,140
VP for Advancement
Officer, 45 hrs/week
$100,466$0$18,418$118,884
VP for Marketing
Highest compensated employee, 45 hrs/week
$105,365$0$10,440$115,805

9 people received more than $100,000 in reportable compensation from Spartanburg Methodist College (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.4M (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$10M$20M$30M$40MFY2020FY2021FY2022FY2023FY2024FY2025$31M$30M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$31M$30M79.2%$51M$282,709
FY2024 ⓘ$25M$28M78.9%$48M$279,663
FY2023 ⓘ$26M$27M79.0%$47M$284,179
FY2022 ⓘ$26M$28M78.1%$45M$296,161
FY2021 ⓘ$28M$27M79.2%$51M$283,317
FY2020 ⓘ$23M$23M76.8%$43M$312,959

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–1b23 · 23 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 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 5367
  • Volunteers Part I, line 675

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
Ellucian Company LP
Programming and Consulting
$380,559
Associated Receivables Funding
Food Service/Janitorial
$189,042
Roebuck Wholesale Nursery & Landscapingn
Landscaping
$149,885
Cross Country Tours
Transportation
$108,095

Individuals listed as contractors are left out. 4 contractors were paid more than $100,000 in all.

Private foundation grants it received

10 private foundations reported grants to Spartanburg Methodist College totaling $274K 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 Spartanburg Methodist 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 Spartanburg Methodist College, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in South Carolina

Questions people ask

How much of Spartanburg Methodist College's spending goes to programs?

In the fiscal year ending June 30, 2025, Spartanburg Methodist College reported that 79.2% of its $30.4 million in expenses went to program services, 19.2% to management and general and 1.6% to fundraising (Form 990, Part IX).

How much does Spartanburg Methodist College pay its top executive?

The largest total compensation Spartanburg Methodist College reported for one person in the fiscal year ending June 30, 2025 was $282,709, for the role of President of the College (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Spartanburg Methodist College get its money?

Of $31.2 million in revenue in the fiscal year ending June 30, 2025, 15.3% came from contributions and grants (including 7.7% from government grants) and 82.6% from program service revenue (Form 990, Part VIII).

Is Spartanburg Methodist College a registered charity?

The IRS lists EIN 57-0314415 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 202523049349301727 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202413139349300621 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202303179349301805 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202233079349301628 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202123089349301607 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202033019349300633 · read the filing

All filings for EIN 57-0314415: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.