Anderson University Inc
86% goes to programs $19 to raise $100 Strong reserves
Anderson University Inc is a 501(c)(3) organization based in Anderson, Indiana, registered in 1926, with $61,014,638 in FY2024 revenue. CharityIndex grades it B+, and it directs about 86% of spending to programs.
1100 E 5th St, Anderson, IN, 46012 EIN 35-0867954 Since 1926
Revenue (FY2024)
$61.0M
▼ 19.3% vs prior year
Education median: $200K
Expenses (FY2024)
$68.2M
Net assets
$73.6M
Employees
1,049
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →AProgram efficiency40% of the rating86% to programs · $19 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 Inc: 86% to programs · $19 to raise $100 earns a A on this criterion. See the exact thresholds →
C+Financial health25% of the rating13 mo reserves · -12% 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 Inc: 13 mo reserves · -12% margin earns a C+ 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 Inc: 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 Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
To educate persons for a life of faith and service in the church and society
What they do
Higher education: auxiliary enterprise primarily involving residence halls, food services, student health services, mail center, and bookstore activities supporting the educational program. we believe that on-campus living is an integral part of the college experience. in our residence halls, we are committed to offering not only a safe and comfortable place to live, but also an environment that promises to both challenge and support our students as they grow physically, academically, socially, and spiritually. anderson university food services provides friendly service and great variety in four different locations across campus: the marketplace, raven's haven, create, and mocha joe's. student health services provides medical assistance to students and is operated by community health network.
Contact & location
- Address
- 1100 E 5th St, Anderson, IN, 46012
- City
- Anderson
- State
- Indiana
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $70.4M (FY2013) to $61.0M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $48.9MNet assets $73.6M
Operating margin
-11.7%
Spent more than it raised in the latest fiscal year.
Total assets
$122.5M
Total liabilities
$48.9M
Net assets
$73.6M
Salaries & benefits
$20.0M
29% of expenses
Board members
24
23 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $61,014,638▼19.3% | $68,167,577▼1.6% | $73,597,500▼9.6% | $122,521,597▼6.3% | 990 |
| 2023 | $75,597,456▲20.2% | $69,299,441▲8.4% | $81,430,685▲12.3% | $130,755,276▲5.8% | 990 |
| 2022 | $62,889,443▼0.5% | $63,953,678▲3.5% | $72,503,275▼4.6% | $123,625,444▼8.6% | 990 |
| 2021 | $63,226,796▲11.7% | $61,763,774▲10.4% | $75,988,627▼4.5% | $135,263,076▼4.1% | 990 |
| 2020 | $56,617,560▼10.4% | $55,933,458▼7.4% | $79,605,062▲14.3% | $141,012,159▲6.6% | 990 |
| 2019 | $63,220,268▲4.5% | $60,379,412▼3.7% | $69,674,893▲5.4% | $132,256,277▲2.0% | 990 |
| 2018 | $60,516,320▼9.1% | $62,723,228▼1.6% | $66,086,783▼6.3% | $129,633,129▼3.7% | 990 |
| 2017 | $66,599,442▲1.2% | $63,736,918▼3.2% | $70,560,005▼0.9% | $134,547,786▲0.8% | 990 |
| 2016 | $65,777,844▼1.1% | $65,874,655▼3.7% | $71,181,841▼2.7% | $133,415,516▼4.7% | 990 |
| 2015 | $66,505,935▼8.8% | $68,413,091▲1.2% | $73,161,611▼5.4% | $140,047,764▼5.3% | 990 |
| 2014 | $72,912,691▲3.6% | $67,587,106▼0.2% | $77,339,495▲1.4% | $147,892,284▲2.5% | 990 |
| 2013 | $70,367,698 | $67,747,063▼3.9% | $76,283,934▲2.2% | $144,240,704▲0.2% | 990 |
| 2012 | — | $70,465,979▲2.0% | $74,636,833▲3.7% | $143,892,278▲0.3% | 990 |
| 2011 | — | $69,115,759▼1.9% | $71,954,415▼2.8% | $143,475,865▼1.7% | 990 |
| 2010 | — | $70,467,218▲3.4% | $74,006,138▲1.9% | $145,996,819▲0.8% | 990 |
| 2009 | — | $68,121,664 | $72,656,164 | $144,809,590 | 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: John Pistole — $209,755 (0.31% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| John Pistole | President | 35 | $209,755 |
| Lara Mann | Vp For Enrollment and Marketing | 35 | $147,338 |
| Suahil Housholder | Vp For Finance and Treasurer | 35 | $122,160 |
| Brent Baker | Vp Advancement and Secretary | 35 | $120,078 |
| Courtney Taylor | Provost and Vp of Corporation | 35 | $118,973 |
| Mischon Hart | Vp Marketing and Communication | 35 | $98,819 |
| Ronda Reemer | Assistant Secretary | 35 | $45,816 |
| Beth S Tharp | Trustee | 1 | — |
| Charles R Carroll | Trustee | 1 | — |
| Donna A Harman | Trustee | 1 | — |
| Dr Thomas J Snyder | Trustee | 1 | — |
| Guy F Perry | Trustee | 1 | — |
| James W Ostrognai | Trustee | 1 | — |
| Jay B Ricker | Vice Chair | 1 | — |
| Kimberly Johnson | Trustee | 1 | — |
| Kyle M Schoeder | Trustee | 1 | — |
| Mary E Jamerson | Trustee | 1 | — |
| Mitchell Benbow | Trustee | 1 | — |
| Phd Priscilla Archangel | Trustee | 1 | — |
| Rev Charles J Myricks Jr | Trustee | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Chartwells Dining Services | Food Service Management | $3,327,543 |
| Hes Facilities Management LLC | Custodial Services | $2,400,726 |
| University Facility Ministry Inc | Financial Consulting | $1,519,337 |
| Jobsource | Contractor Services | $982,745 |
| Core Education Pbc | Enrollment Services | $681,631 |
Grants received · $7.3M total
67 grants to Anderson University Inc totaling $7.3M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Indianapolis Foundation Inc | To be used at the organization's discretion | 2024 | $33,000 |
| Raymond James Charitable Endowment Fund | General support | 2024 | $20,000 |
| American Online Giving Foundation Inc | General support | 2024 | $18,421 |
| Denver Foundation | Higher education | 2024 | $9,205 |
| Charities Aid Foundation America | Charitable donation | 2024 | $6,500 |
| National Philanthropic Tr | Education | 2023 | $2,502,500 |
| National Christian Charitable Foundation | Growth | 2023 | $50,250 |
| Raymond James Charitable Endowment Fund | General support | 2023 | $25,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $13,700 |
| Wabash College | Educational assistance | 2023 | $10,000 |
| American Endowment Foundation | Educational | 2023 | $10,000 |
| Denver Foundation | Higher education | 2023 | $9,142 |
| Indianapolis Foundation Inc | To be used at the organization's discretion | 2023 | $9,000 |
| The Us Charitable Gift Trust | For recipient's exempt purpose | 2023 | $8,000 |
| American Online Giving Foundation Inc | General support | 2023 | $5,309 |
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Compare Anderson University Inc
Frequently asked questions
- Is Anderson University Inc a legitimate nonprofit?
- Yes. Anderson University Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 35-0867954, based in Anderson, Indiana. Donations are tax-deductible.
- What is Anderson University Inc's EIN?
- Anderson University Inc's Employer Identification Number (EIN) is 35-0867954.
- How much revenue does Anderson University Inc report?
- Anderson University Inc reported $61,014,638 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Anderson University Inc's spending goes to programs?
- Anderson University Inc spends about 86% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Anderson University Inc have?
- CharityIndex grades Anderson University Inc B+, based on program efficiency and fundraising cost.
- How much does Anderson University Inc's highest-paid employee make?
- The highest reported compensation on Anderson University Inc's latest Form 990 is $209,755, paid to John Pistole (President).
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Data for Anderson University Inc (EIN 35-0867954) 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.