Philander Smith College
Philander Smith College reported $25.3 million in revenue and $29.7 million in expenses for the fiscal year ending June 30, 2023. Of every $100 it spent, $75.53 went to program services, $24.47 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 56.7% of the total. Government grants made up 20.9%. The highest compensation it reported for one person was $475,007 (President). 6 people received more than $100,000 in reportable compensation. Revenue fell 5% between FY2020 and FY2023. Source: Form 990, FY2023.
Where $100 of spending went
The fiscal year ending June 30, 2023 · Form 990, Part IX, line 25 · total expenses $30MFor 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, 2023 · Form 990, Part VIII · total revenue $25MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2023 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 75.5% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 24.5% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 42.2% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 20.9% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 56.7% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $475,007 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.60% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 6 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 22.3 | 13.3 |
| Independent voting board members Part VI 1a–1b | 19 of 19 | 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
FY2023 · Form 990, Part III · the three largest programs by expensePhilander Smith College offers four degrees, including the Bachelor of Business Administration, the Bachelor of Science, the Bachelor of Social Work, and the Bachelor of Arts, as well as certificates and dual credits for College and Career pathways
Auxiliary Enterprise supports the Universitys mission of providing quality educational opportunities. These services include, but are not limited to, food services, campus housing, postal services, parking, vending, campus stores and athletics
Highest reported compensation
FY2023 · 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 Director/trustee, officer, 040.00 hrs/week | $448,757 | $0 | $26,250 | $475,007 |
| Vice President of Sponsored Programs Officer, 040.00 hrs/week | $135,670 | $0 | $8,750 | $144,420 |
| Vice President of Institutional Advancement Officer, 040.00 hrs/week | $118,469 | $0 | $8,050 | $126,519 |
| Vice President of Student Affairs and Enrollment Management Officer, 040.00 hrs/week | $114,076 | $0 | $0 | $114,076 |
| Interim Vice President of Academic Affairs Officer, 040.00 hrs/week | $110,089 | $0 | $0 | $110,089 |
| Chief of Staff Officer, 040.00 hrs/week | $108,799 | $0 | $0 | $108,799 |
| Vice President of Fiscal Affairs Officer, 040.00 hrs/week | $77,391 | $0 | $0 | $77,391 |
6 people received more than $100,000 in reportable compensation from Philander Smith College (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.2M (Part IX, line 5).
4 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2023 · 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–1b19 · 19 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13No
- 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 14bNo
- Employees Part I, line 5359
- Volunteers Part I, line 636
Private foundation grants it received
11 private foundations reported grants to Philander Smith College totaling $771K 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 Philander Smith 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 Philander Smith College, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Philander Smith College spent in FY2023, $75.53 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Alder Graduate School of EducationRedwood City, CA · revenue $25M · programs 89.4% · FY2025
- Propel SchoolsPittsburgh, PA · revenue $25M · programs 90.4% · FY2025
- Defending Democracy Together InstituteWashington, DC · revenue $25M · programs 98.7% · 2024
- Legacy Preparatory Christian AcademyThe Woodlands, TX · revenue $25M · programs 86.5% · FY2025
- Instruction PartnersNashville, TN · revenue $25M · programs 84.6% · FY2025
Questions people ask
How much of Philander Smith College's spending goes to programs?
In the fiscal year ending June 30, 2023, Philander Smith College reported that 75.5% of its $29.7 million in expenses went to program services, 24.5% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Philander Smith College pay its top executive?
The largest total compensation Philander Smith College reported for one person in the fiscal year ending June 30, 2023 was $475,007, for the role of President (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Philander Smith College get its money?
Of $25.3 million in revenue in the fiscal year ending June 30, 2023, 42.2% came from contributions and grants (including 20.9% from government grants) and 56.7% from program service revenue (Form 990, Part VIII).
Is Philander Smith College a registered charity?
The IRS lists EIN 71-0239729 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. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202401369349319715 · read the filing · XML
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202341359349318749 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202231369349312063 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202131379349307428 · read the filing
All filings for EIN 71-0239729: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.