Anderson University
89% goes to programs $8 to raise $100 Strong reserves Growing revenue
Anderson University is a 501(c)(3) organization based in Anderson, South Carolina, registered in 1935, with $177,419,350 in FY2024 revenue. CharityIndex grades it A, and it directs about 89% of spending to programs.
316 Boulevard, Anderson, SC, 29621 EIN 57-0324906 Since 1935
Revenue (FY2024)
$177.4M
▲ 19.6% vs prior year
Education median: $200K
Expenses (FY2024)
$154.9M
Net assets
$196.1M
Employees
1,871
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating89% to programs · $8 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Anderson University: 89% to programs · $8 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating15 mo reserves · +13% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Anderson University: 15 mo reserves · +13% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Anderson University: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Anderson University: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Anderson university is an academic community affiliated with the sc baptist convention.
What they do
Auxiliary enterprise revenue: auxiliary enterprises exist to furnish goods or services to students, faculty, staff, or incidentally to the general public. fees charged for auxiliary enterprises are priced to offset the cost of the goods or services provided. the distinguishing characteristic of auxiliary enterprises is that they are managed as an essentially self-supporting activity. revenues and expenses from auxiliary enterprises are reported as changes in net assets without donor restrictions.auxiliary enterprises revenue includes activities for student housing and dining facilities. a small number of institutional scholarships specifically for defraying the costs of residential services are awarded, which reduce the amount of revenue recognized. payments for housing and dining services are due approximately by the start of the academic term. dining plans are not offered during the summer term. performance obligations for housing and dining services are delivered over the academic terms. consequently, associated revenues are earned and recognized over the course of each term as the services are delivered.
Other program revenue that includes, but is not limited to, commissions from sales of student related items, perkins debt service, ticket sales for athletic and theatre events, and magazine subscription revenue.
Contact & location
- Address
- 316 Boulevard, Anderson, SC, 29621
- City
- Anderson
- State
- South Carolina
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $65.3M (FY2013) to $177.4M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $97.0MNet assets $196.1M
Operating margin
12.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$293.1M
Total liabilities
$97.0M
Net assets
$196.1M
Salaries & benefits
$54.9M
35% of expenses
Board members
23
23 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $177,419,350▲19.6% | $154,911,872▲6.1% | $196,090,175▲15.2% | $293,118,732▲6.7% | 990 |
| 2023 | $148,382,342▲13.1% | $145,963,910▲10.7% | $170,187,224▲4.2% | $274,603,971▲2.5% | 990 |
| 2022 | $131,165,523▲0.8% | $131,898,208▲7.1% | $163,306,726▼0.4% | $267,973,189▼0.7% | 990 |
| 2021 | $130,183,026▲4.4% | $123,188,763▲14.7% | $163,996,743▼0.9% | $269,873,980▲26.1% | 990 |
| 2020 | $124,664,445▲22.0% | $107,427,721▲11.4% | $165,527,907▲18.2% | $214,071,229▲14.2% | 990 |
| 2019 | $102,222,517▲7.4% | $96,439,153▲7.0% | $140,090,197▲5.6% | $187,384,632▲6.7% | 990 |
| 2018 | $95,188,823▲0.8% | $90,114,563▲6.0% | $132,619,760▲3.1% | $175,590,561▲1.6% | 990 |
| 2017 | $94,410,210▲9.0% | $85,037,845▲8.6% | $128,669,440▲6.4% | $172,801,167▲2.8% | 990 |
| 2016 | $86,635,979▲7.0% | $78,319,116▲11.2% | $120,950,617▲10.2% | $168,031,094▲8.0% | 990 |
| 2015 | $80,941,442▲2.9% | $70,447,011▲9.7% | $109,756,867▲8.8% | $155,634,373▲15.0% | 990 |
| 2014 | $78,664,173▲20.4% | $64,211,174▲11.9% | $100,854,686▲10.1% | $135,364,738▲14.5% | 990 |
| 2013 | $65,323,630 | $57,382,788▲3.0% | $91,642,676▲12.2% | $118,174,264▲11.4% | 990 |
| 2012 | — | $55,701,667▲13.7% | $81,661,666▲14.0% | $106,069,020▲10.1% | 990 |
| 2011 | — | $48,985,434▲10.5% | $71,619,686▲8.8% | $96,375,832▲6.4% | 990 |
| 2010 | — | $44,318,486▲13.4% | $65,828,643▲13.9% | $90,610,685▲8.8% | 990 |
| 2009 | — | $39,078,523 | $57,796,072 | $83,287,420 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Dr Evans P Whitaker — $833,457 (0.54% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Dr Evans P Whitaker | President | 60 | $833,457 |
| Mr James Wayne Landrith | Sr Vp Development & Presidential Affairs | 40 | $208,732 |
| Dr David Omar Rashed | Sr Vp Administration, Brand & Strategic Planning | 40 | $207,097 |
| Dr Reginald Gay | Vp and University Counsel | 40 | $198,897 |
| Mr Keith Spears | Special Assistant | 40 | $192,960 |
| Dr Lisa Zidek | Dean-college of Engineering | 40 | $186,439 |
| Dr Ryan Neal | Provost | 40 | $182,945 |
| Dr Steven E Nail | Dean-college of Business | 40 | $178,025 |
| Mrs Kristie Cole | Sr Vp of Finance and Cfo | 40 | $176,941 |
| Dr Jeffrey R Moore | Professor, Management | 40 | $171,290 |
| Mrs Pamela Ross | Sr Vp Enrollment Management | 40 | $167,608 |
| Dr Benjamin Smoak | Trustee | 1 | — |
| Dr Benjamin W Littlejohn Jr | Trustee | 1 | — |
| Dr Condy Richardson | Trustee | 1 | — |
| Dr Edward M Carney | Trustee (part Year) | 1 | — |
| Dr Jack E Shaw | Trustee (part Year), Vice Chair (part Year) | 1 | — |
| Dr Margaret Wooten | Trustee | 1 | — |
| Dr Robert G Winburn | Trustee | 1 | — |
| Dr Rudy Gray | Trustee | 1 | — |
| Mr Brian Mckay | Trustee | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Avi Foodsystems Inc | Food Service | $6,577,818 |
| The Budd Group Inc | Cleaning & Lawn Services | $3,402,637 |
| Mavin Construction LLC | Construction | $1,940,900 |
| Encoura LLC | Digital Marketing Services | $1,400,548 |
| Burr and Forman LLP | Legal Services | $1,082,957 |
Grants received · $1.9M total
65 grants to Anderson University totaling $1.9M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| National Christian Charitable Foundation | Colleges and universities | 2024 | $232,204 |
| Lettie Pate Whitehead Foundation Inc | For general and nursing scholarships. | 2024 | $123,000 |
| Anmed Health | Athletics sponsorship; golf tournament registration | 2024 | $52,796 |
| American Online Giving Foundation Inc | General support | 2024 | $18,692 |
| United States Tennis Association Inc | Facility assistance program grant | 2024 | $9,000 |
| Sae International | Scholarship | 2024 | $8,500 |
| American Endowment Foundation | Educational | 2024 | $7,500 |
| National Philanthropic Tr | Environment, animals | 2023 | $150,000 |
| Lettie Pate Whitehead Foundation Inc | For general scholarship support. | 2023 | $123,000 |
| Anmed Health | Athletics sponsorship; golf tournament registration | 2023 | $50,750 |
| National Collegiate Athletic Association | Grants | 2023 | $20,641 |
| Tulsa Community Foundation | Scholarships | 2023 | $20,000 |
| American Online Giving Foundation Inc | General support | 2023 | $19,662 |
| Donor Advised Charitable Giving | Education | 2023 | $17,250 |
| National Christian Charitable Foundation | Growth | 2023 | $14,000 |
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Frequently asked questions
- Is Anderson University a legitimate nonprofit?
- Yes. Anderson University is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 57-0324906, based in Anderson, South Carolina. Donations are tax-deductible.
- What is Anderson University's EIN?
- Anderson University's Employer Identification Number (EIN) is 57-0324906.
- How much revenue does Anderson University report?
- Anderson University reported $177,419,350 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Anderson University's spending goes to programs?
- Anderson University spends about 89% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Anderson University have?
- CharityIndex grades Anderson University A, based on program efficiency and fundraising cost.
- How much does Anderson University's highest-paid employee make?
- The highest reported compensation on Anderson University's latest Form 990 is $833,457, paid to Dr Evans P Whitaker (President).
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Explore more
Data for Anderson University (EIN 57-0324906) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.