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Oakwood University

Huntsville, AL · EIN 63-0366652 · 501(c)(3) · Church
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Oakwood University reported $76.4 million in revenue and $71.4 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $69.24 went to program services, $29.61 to management and general costs and $1.15 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 50.4% of the total. Government grants made up 11.4%. The highest compensation it reported for one person was $159,751 (PRESIDENT). 6 people received more than $100,000 in reportable compensation. Revenue rose 17% 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 $71M

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 $76M

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)
69.2%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
29.6%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
1.2%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.02$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
45.2%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
11.4%1.1%
Program service revenue share
Part VIII 2g ÷ 12
50.4%69.9%
Highest reported compensation
Part VII-A, columns D–F
$159,751$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.22%1.28%
People paid over $100,000
Part VII, line 2
68
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
13.713.3
Independent voting board members
Part VI 1a–1b
35 of 35100.0%

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
$49M expenses · 100.0% of program spending · grants $18M · revenue $40M

To provide undergraduate degree programs in various disciplines including on campus training in selected fields of study for approximately 1300 students

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, 50.00 hrs/week
$159,751$0$0$159,751
VP
Officer, 40.00 hrs/week
$124,447$0$0$124,447
PROFESSOR
Highest compensated employee, 40.00 hrs/week
$123,651$0$0$123,651
DEPARTMENT CHAIR
Highest compensated employee, 40.00 hrs/week
$107,572$0$0$107,572
PROVOST
Officer, 40.00 hrs/week
$103,835$0$0$103,835
PROFESSOR
Highest compensated employee, 40.00 hrs/week
$100,239$0$0$100,239
VP
Officer, 40.00 hrs/week
$95,905$0$0$95,905
VP
Officer, 40.00 hrs/week
$95,905$0$0$95,905

6 people received more than $100,000 in reportable compensation from Oakwood University (Part VII, line 2). Compensation of current officers, directors and key employees totaled $758K (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$20M$40M$60M$80MFY2020FY2021FY2022FY2023FY2024FY2025$76M$71M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$76M$71M69.2%$82M$159,751
FY2024 ⓘ$72M$75M67.4%$75M$162,147
FY2023 ⓘ$67M$77M67.7%$77M$159,587
FY2022 ⓘ$69M$72M68.3%$85M$177,307
FY2021 ⓘ$64M$61M67.7%$94M$215,367
FY2020 ⓘ$65M$65M67.1%$85M$149,154

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–1b35 · 35 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 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 51,214

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
SODEXO LLC
Food service
$3,548,553
ELLUCIAN COMPANY LLC
Technology
$2,793,070
HUNTSVILLE UTILITIES
Utilities
$2,121,862
P & C CONSTRUCTION INC
Construction
$2,092,681
ADVENTIST RISK MANAGEMENT INC
Insurance
$1,397,910

Individuals listed as contractors are left out. 32 contractors were paid more than $100,000 in all.

Private foundation grants it received

4 private foundations reported grants to Oakwood University totaling $105K 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 Oakwood 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 Oakwood University, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Alabama

Questions people ask

How much of Oakwood University's spending goes to programs?

In the fiscal year ending June 30, 2025, Oakwood University reported that 69.2% of its $71.4 million in expenses went to program services, 29.6% to management and general and 1.2% to fundraising (Form 990, Part IX).

How much does Oakwood University pay its top executive?

The largest total compensation Oakwood University reported for one person in the fiscal year ending June 30, 2025 was $159,751, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Oakwood University get its money?

Of $76.4 million in revenue in the fiscal year ending June 30, 2025, 45.2% came from contributions and grants (including 11.4% from government grants) and 50.4% from program service revenue (Form 990, Part VIII).

Is Oakwood University a registered charity?

The IRS lists EIN 63-0366652 as a 501(c)(3) organization (church), 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 202631359349302603 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202541359349316574 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202411369349317406 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202331439349300608 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202200769349300905 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202141379349309724 · read the filing

All filings for EIN 63-0366652: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.