Charleston Southern University is a 501(c)(3) organization based in N Charleston, South Carolina, registered in 1964, with $125,239,964 in FY2024 revenue. CharityIndex grades it A, and it directs about 92% of spending to programs.
Revenue (FY2024)
$125.2M
▲ 7.8% vs prior year
Education median: $200K
Expenses (FY2024)
$124.1M
Net assets
$151.1M
Employees
1,117
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 Charleston Southern University: 92% to programs · $29 to raise $100 earns a A on this criterion. See the exact thresholds →
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 Charleston Southern University: 15 mo reserves · +1% margin earns a A on this criterion. See the exact thresholds →
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 Charleston Southern University: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
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 Charleston Southern University: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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The university's mission is to promote academic excellence in a christian environment.
Student services: consists of campus ministries, residence life, career services, student activities, counseling services, campus recreation, campus security, and title ix. the enrollment services office is housed in the hunter center. enrollment services is comprised of the following: admissions (undergraduate and graduate), financial aid, student accounts, va services, enrollment operations, the cashier's office, and the registrar's office. the enrollment services office handles all undergraduate and graduate recruiting. the admissions office handles multiple communication channels for more than 40,000 prospective students annually, resulting in more than 1,400 new students each year. the financial aid office processed more than $100 million of federal, state, and institutional financial aid for more than 3,300 students during the 2024-2025 academic year. approximately ninety-seven percent of the university's undergraduate population receives some type of financial assistance. charleston southern has been recognized for the following: one of america's 100 best college buys, a college of distinction, one of america's best christian colleges, and a u.s. news and world report best online college. the university continues to promote academic excellence in a christian environment. in addition, csu is proud of its consistent support of veterans and military affiliated students. the school generously participates in the yellow ribbon program, providing additional funding for students using the post 9/11 gi bill. over 500 veterans and dependents utilized veteran education benefits at charleston southern university during the 2024-25 academic year. consistent participation in the dod memorandum of understanding and principles of excellence programs demonstrates csu's commitment to the military community.
Auxiliary enterprises: the university's auxiliary enterprises consist primarily of residence life, campus dining services, the campus bookstore, and conference and camp operations that support students, faculty, staff, and external groups.dining services - including the main dining hall, java city, buc stop diner, and chick-fil-a express - are operated and managed by aramark. the campus bookstore is operated and managed by slingshot.during the summer months, the university hosts external youth and church-affiliated camps and conferences, including partnerships with the south carolina baptist convention for its summersalt and kidsalt programs, as well as other large church camps. these programs utilize campus housing, dining, and facilities and typically serve approximately 3,500 - 4,000 participants each summer.these auxiliary activities generate revenue that supports the university's operations while maximizing use of campus facilities outside the academic year.
Academic support: the university library (approximately 250,000 volumes held) provides online and in-person support for the principal academic divisions. the l. mendel rivers library includes a coffeehouse, java city, on the main floor and several small study rooms available by reservation for students on the second floor. charleston southern university students may access the internet within limitations to facilitate diversity and personal growth in technology, informational research skills, complete online classes and exams, and practice netiquette and online communication skills. the library is also a depository of us government documents, a member of pascal, the statewide academic library consortium, and provides free research and instructional services to students, faculty, staff, and guests. internet access is provided free of charge to all students in the computer labs and library except for pre-determined lab fees that are required for some classes. csu is a completely wireless campus, providing access in the residence halls for all registered resident students. we continue to increase the number of e-books and electronic databases as more of the academic literatur
Revenue grew from $84.7M (FY2013) to $125.2M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
0.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$237.6M
Total liabilities
$86.5M
Net assets
$151.1M
Salaries & benefits
$36.5M
29% of expenses
Board members
25
25 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $125,239,964▲7.8% | $124,064,520▲8.8% | $151,119,168▼0.1% | $237,633,217▲14.3% | 990 |
| 2023 | $116,149,987▼5.2% | $113,982,111▲2.2% | $151,211,285▲3.7% | $207,899,405▲1.4% | 990 |
| 2022 | $122,487,793▲3.8% | $111,518,712▼2.1% | $145,870,043▲6.0% | $205,078,921▲3.7% | 990 |
| 2021 | $118,040,499▲15.8% | $113,869,762▲14.8% | $137,589,329▲5.5% | $197,723,286▲0.2% | 990 |
| 2020 | $101,950,337▲7.9% | $99,184,965▲7.4% | $130,443,651▲8.9% | $197,352,636▲3.1% | 990 |
| 2019 | $94,488,376▲0.4% | $92,359,253▼0.1% | $119,732,673▼2.2% | $191,448,124▲0.4% | 990 |
| 2018 | $94,145,591▼1.7% | $92,421,901▼0.1% | $122,468,292▼1.3% | $190,621,399▼0.5% | 990 |
| 2017 | $95,790,845▼0.6% | $92,555,796▲5.0% | $124,074,412▲3.4% | $191,637,652▲28.1% | 990 |
| 2016 | $96,414,169▲5.9% | $88,181,047▲6.3% | $120,033,995▲9.3% | $149,646,158▲9.5% | 990 |
| 2015 | $91,071,621▲7.5% | $82,974,226▲9.0% | $109,845,857▲7.3% | $136,686,375▲5.5% | 990 |
| 2014 | $84,745,084 | $76,148,818▲2.2% | $102,386,191▲8.9% | $129,583,623▲5.7% | 990 |
| 2013 | $84,704,320 | $74,503,868▲9.4% | $93,979,891▲18.2% | $122,595,241▲10.2% | 990 |
| 2012 | — | $68,109,692▲5.0% | $79,494,736▲10.6% | $111,207,746▲7.8% | 990 |
| 2011 | — | $64,888,732▲4.5% | $71,894,710▲6.3% | $103,170,039▲5.4% | 990 |
| 2010 | — | $62,075,928 | $67,645,999 | $97,923,267 | 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.
Highest-paid: B Keith Faulkner — $400,161 (0.32% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| B Keith Faulkner | President | 45 | $400,161 |
| Jairy Hunter | President Emeritus | 15 | $313,785 |
| Jeff Barber | Vp Intercollegiate Athletics | 40 | $176,178 |
| Jacob Thorpe | Director, Pt Program | 40 | $158,216 |
| Gabby Poole | Director, PA Program, Dean of Cohs | 40 | $155,213 |
| Nathan Gabe Giardina | Head Football Coach | 40 | $154,980 |
| Marc Embler | Associate Vice President For Academic Affairs; Dea | 40 | $153,833 |
| Robert L Blackmon | Vp of Business Affairs | 40 | $153,029 |
| David Baggs | Vp For Development | 40 | $140,596 |
| Dr Anthony Turner | Vp Enrollment Management | 40 | $130,178 |
| Jody Jennings | Vp Student Life (part Year) | 40 | $120,201 |
| Dr Scott Yarbrough | Vp Academic Compliance, Institutional Effectivenes | 40 | $119,471 |
| Shannon Morrison | Vp For Finance | 40 | $101,205 |
| Michael Wilder | Vp Academic Affairs | 40 | $92,728 |
| Dr Michael Bryant | Vp Strategic Planning, Faith Integration, and Chri | 40 | $60,480 |
| Dr Dj Horton | Trustee (part Year) | 1 | — |
| Dr James Merritt | Trustee (part Year) | 1 | — |
| Dr Jerry Williams | Trustee/vice Chairman | 1 | — |
| Dr Joseph Russell | Trustee | 1 | — |
| Dr Judy Hetz | Trustee | 1 | — |
| Contractor | Services | Paid |
|---|---|---|
| Aramark Services Inc | Food Service | $5,790,299 |
| Slingshot LP | Bookstore | $3,657,036 |
| Trident Construction Co Inc | Construction | $3,376,909 |
| Chucktown Flight Training LLC | Flight Instruction | $2,862,706 |
| Dynamic Campus Solutions Inc | Technology Services | $2,449,272 |
65 grants to Charleston Southern University totaling $4.8M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Lettie Pate Whitehead Foundation Inc | For general and nursing scholarships. | 2024 | $139,000 |
| Ayco Charitable Foundation | Education | 2024 | $40,000 |
| Coastal Community Foundation of South Carolina Inc | Education | 2024 | $34,184 |
| Charities Aid Foundation America | Charitable donation | 2024 | $33,334 |
| Columbus Foundation | Education | 2024 | $10,000 |
| National Collegiate Athletic Association | Grants/scholarships | 2023 | $317,937 |
| Lettie Pate Whitehead Foundation Inc | For general scholarship support. | 2023 | $139,000 |
| Coastal Community Foundation of South Carolina Inc | Education | 2023 | $43,866 |
| Ayco Charitable Foundation | Education | 2023 | $40,000 |
| Tulsa Community Foundation | Scholarships | 2023 | $17,060 |
| Donor Advised Charitable Giving | Education | 2023 | $12,247 |
| Bny Mellon Charitable Gift Fund | To further the organization's exempt purpose | 2023 | $10,000 |
| Columbus Foundation | Education | 2023 | $10,000 |
| Hispanic Scholarship Fund | To provide scholarships for students | 2023 | $6,863 |
| Advanced Technology International | Contribution | 2023 | $6,000 |
1 grant totaling $150K in FY2024. All grants made by Charleston Southern University →
| Recipient | Purpose | Amount |
|---|---|---|
| Student Leadership University Inc | Program support | $150,000 |
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Data for Charleston Southern University (EIN 57-0474291) 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.