Spelman College
Spelman College reported $174.0 million in revenue and $186.4 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $78.09 went to program services, $17.58 to management and general costs and $4.33 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 66.7% of the total. Government grants made up 8.3%. The highest compensation it reported for one person was $2,028,496 (President (thru 11/21/2024)). 198 people received more than $100,000 in reportable compensation. Revenue fell 11% 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 $186MFor 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 $174MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 78.1% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 17.6% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 4.3% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.18 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 25.3% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 8.3% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 66.7% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $2,028,496 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.09% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 198 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 62.1 | 13.3 |
| Independent voting board members Part VI 1a–1b | 26 of 27 | 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 expenseInstruction, student services, and academic support founded in 1881, Spelman College is a private, nonprofit institution of higher education based in atlanta, georgia. The college is accredited by the commission on colleges of the southern association of colleges and schools and provides quality liberal arts education and training services for approximately 2,500 undergraduate students. In addition, the college maintains special programs such as continuing education, summer science and dual degrees in engineering. Spelman College also provides a dynamic and interactive campus community with a…
Auxiliary enterprises as a residential liberal arts college, Spelman College provides on campus housing for approximately 1,400 students. Spelman also provides dining services to its residential students, as well as commuter students, faculty, staff and others. Spelman operates a 500 space parking deck for faculty, staff, and students. Additionally, spelman offers a variety of summer conferences for high school students and other interested students
Research Spelman College performs research, training, and other similar services under grants with governmental agencies or sponsoring organizations
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 (thru 11/21/2024) Director/trustee, officer, 35.0 hrs/week | $1,985,537 | $0 | $42,959 | $2,028,496 |
| CFO and SVP of Business and Financial Affairs Officer, 35.0 hrs/week | $334,109 | $0 | $50,828 | $384,937 |
| Provost & VP Academic Affairs Officer, 35.0 hrs/week | $339,986 | $0 | $28,614 | $368,600 |
| Senior VP Institutional Advancement Officer, 35.0 hrs/week | $295,359 | $0 | $22,797 | $318,156 |
| Secretary of the College Officer, 35.0 hrs/week | $281,651 | $0 | $35,259 | $316,910 |
| SVP of Enrollment Management Officer, 35.0 hrs/week | $262,124 | $0 | $45,270 | $307,394 |
| Professor Highest compensated employee, 35.0 hrs/week | $252,260 | $0 | $47,989 | $300,249 |
| VP and Chief Information Officer Officer, 35.0 hrs/week | $227,188 | $0 | $48,162 | $275,350 |
198 people received more than $100,000 in reportable compensation from Spelman College (Part VII, line 2). Compensation of current officers, directors and key employees totaled $3.8M (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–1b27 · 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 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 18Yes
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 51,585
- Volunteers Part I, line 6800
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| Winter Construction Company Construction Services | $24,052,214 |
| Turner Construction Company Construction Services | $15,342,073 |
| Bon Appetit Management Company Food Service Management | $8,414,732 |
| Trace3 LLC IT Consulting | $2,735,385 |
| Aramark Facility Services Dining & Facility Services | $2,287,413 |
Individuals listed as contractors are left out. 95 contractors were paid more than $100,000 in all.
Private foundation grants it received
79 private foundations reported grants to Spelman College totaling $16M 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 Spelman 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 Spelman College, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Spelman College spent in FY2025, $78.09 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Susquehanna UniversitySelinsgrove, PA · revenue $173M · programs 93.8% · FY2025
- Ohio Wesleyan UniversityDelaware, OH · revenue $174M · programs 89.6% · FY2025
- The Seminar NetworkArlington, VA · revenue $173M · programs 95.7% · 2024
- Team Academy Charter SchoolNewark, NJ · revenue $175M · programs 74.2% · FY2025
- University of Massachusetts FoundationNewton, MA · revenue $173M · programs 61.1% · FY2025
Questions people ask
How much of Spelman College's spending goes to programs?
In the fiscal year ending June 30, 2025, Spelman College reported that 78.1% of its $186.4 million in expenses went to program services, 17.6% to management and general and 4.3% to fundraising (Form 990, Part IX).
How much does Spelman College pay its top executive?
The largest total compensation Spelman College reported for one person in the fiscal year ending June 30, 2025 was $2,028,496, for the role of President (thru 11/21/2024) (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Spelman College get its money?
Of $174.0 million in revenue in the fiscal year ending June 30, 2025, 25.3% came from contributions and grants (including 8.3% from government grants) and 66.7% from program service revenue (Form 990, Part VIII).
Is Spelman College a registered charity?
The IRS lists EIN 58-0566243 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 202631359349315368 · read the filing
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202511359349317226 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202411369349312021 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202311359349320406 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202241369349303409 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202131379349302903 · read the filing
All filings for EIN 58-0566243: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.