Rhodes College
Rhodes College reported $178.0 million in revenue and $168.5 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $92.15 went to program services, $5.99 to management and general costs and $1.86 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 71.4% of the total. The highest compensation it reported for one person was $583,936 (President). 83 people received more than $100,000 in reportable compensation. Revenue rose 41% 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 $168MFor 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 $178MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 92.2% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 6.0% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 1.9% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.30 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 5.9% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.4% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 71.4% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $583,936 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.35% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 83 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 39.6 | 13.3 |
| Independent voting board members Part VI 1a–1b | 27 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 expenseAcademic Instruction serving 1,781 students
Student Financial Aid consisting of Financial Aid Program Honorary Scholarship and Fellowship Program
Student Services expenses includes activities that contribute to the students well-being and development beyond the acadmic program. Included in student services expenses are the Counseling Center, Career Services, Athletics, Admissions, Registrar, Student Government, etc
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, 037.50 hrs/week | $474,651 | $0 | $109,285 | $583,936 |
| VP for Development Officer, 037.50 hrs/week | $309,815 | $0 | $49,399 | $359,214 |
| Provost VP Academic Affairs Officer, 037.50 hrs/week | $310,378 | $0 | $44,595 | $354,973 |
| VP for Enrollment Officer, 037.50 hrs/week | $246,691 | $0 | $98,749 | $345,440 |
| VP for Fin Business Affairs Officer, 037.50 hrs/week | $282,913 | $0 | $42,869 | $325,782 |
| VP for Marketing and Communications Officer, 037.50 hrs/week | $244,675 | $0 | $29,106 | $273,781 |
| Chief of Staff Officer, 037.50 hrs/week | $187,675 | $0 | $57,131 | $244,806 |
| VP for Student Life Officer, 037.50 hrs/week | $209,295 | $0 | $31,218 | $240,513 |
83 people received more than $100,000 in reportable compensation from Rhodes College (Part VII, line 2). Compensation of current officers, directors and key employees totaled $3.2M (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 · 27 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 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 51,610
- Volunteers Part I, line 6635
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| Sprinkler Systems LLC Contractor | $655,869 |
| Clarion Security LLC Contractor | $314,383 |
| Datarules Contractor | $245,245 |
| Eskola LLC Contractor | $225,336 |
| Integrity Mechanical Solutions LLC Contractor | $168,071 |
Individuals listed as contractors are left out. 15 contractors were paid more than $100,000 in all.
Private foundation grants it received
42 private foundations reported grants to Rhodes College totaling $2.5M 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 Rhodes 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 Rhodes College, you can publish a response that is linked from this page.
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Of every $100 Rhodes College spent in FY2025, $92.15 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Niagara UniversityNiagara University, NY · revenue $178M · programs 94.7% · FY2025
- Rocketship EducationSan Jose, CA · revenue $178M · programs 84.7% · FY2025
- Saint John's UniversityCollegeville, MN · revenue $178M · programs 88.8% · FY2025
- University of Hawaii FoundationHonolulu, HI · revenue $178M · programs 78.7% · FY2025
- Elmhurst UniversityElmhurst, IL · revenue $178M · programs 85.9% · FY2025
Questions people ask
How much of Rhodes College's spending goes to programs?
In the fiscal year ending June 30, 2025, Rhodes College reported that 92.2% of its $168.5 million in expenses went to program services, 6.0% to management and general and 1.9% to fundraising (Form 990, Part IX).
How much does Rhodes College pay its top executive?
The largest total compensation Rhodes College reported for one person in the fiscal year ending June 30, 2025 was $583,936, for the role of President (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Rhodes College get its money?
Of $178.0 million in revenue in the fiscal year ending June 30, 2025, 5.9% came from contributions and grants (including 0.4% from government grants) and 71.4% from program service revenue (Form 990, Part VIII).
Is Rhodes College a registered charity?
The IRS lists EIN 62-0476301 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 202611279349303701 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202511139349301751 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202411099349301231 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202301119349300430 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202231269349300248 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202121179349301522 · read the filing
All filings for EIN 62-0476301: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.