Emory & Henry University
87% goes to programs $9 to raise $100 Strong reserves Growing revenue
Emory & Henry University is a 501(c)(3) organization based in Emory, Virginia, registered in 1970, with $82,497,559 in FY2023 revenue. CharityIndex grades it A, and it directs about 87% of spending to programs.
Po Box 947, Emory, VA, 24327 EIN 54-0505892 Since 1970
Revenue (FY2023)
$82.5M
▲ 2.7% vs prior year
Education median: $200K
Expenses (FY2023)
$89.3M
Net assets
$190.0M
Employees
1,058
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 rating87% to programs · $9 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 Emory & Henry University: 87% to programs · $9 to raise $100 earns a A on this criterion. See the exact thresholds →
B+Financial health25% of the rating26 mo reserves · -8% 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 Emory & Henry University: 26 mo reserves · -8% margin earns a B+ 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 Emory & Henry 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 Emory & Henry University: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
With a mission statement founded upon "increase in excellence", the university is consistently ranked among the nation's best private liberal arts institutions. emory & henry university is among the top 40 instituions in the nation that transforms students lives. as noted in one of the nation's best selling college guide books, "virginia has no shortage of familiar schools with robust reputations. but emory & henry does the finest job of them all producing contributors to society" (oswols, colleges that change lives). among other top rankings, the institution is recognized for its service to communities and received top tier recognition in the washington monthly, us news and world report, newsweek and many other publications. most recently, it was named a top 25 rural college in the nation by college raptor.
What they do
Auxiliary services were provided to all students. as a primarily residential campus, most undergraduate students were provided housing and meals. the mercantile continued to provide books, art and school supplies, medical equipment and essential grocery and health products to students for their convenience.
Various services were provided to students through many programs and offices, including intramural sports, general athletics, the outdoor program, spiritual life, the martin brock student center, admissions, financial aid, the registrar, the student health center, the appalachian center for community service, the bonner program, the centralized student assistance office, and the office of the dean of students. most students received some form of financial aid through various scholarships and grants, providing the opportunity to pursue degrees. campus employment and internships were made available to many students, providing financial resources and valuable work experiences. many community service opportunities were provided through the appalachian center, the outdoor program, and the chaplain's office. the college's equestrian riding team continued to be successful, offering opportunities for students to gain expertise in the hunter, jumper, and dressage areas. riding is open to all students at emory & henry, regardless of their major or level of riding.
Contact & location
- Address
- Po Box 947, Emory, VA, 24327
- City
- Emory
- State
- Virginia
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $57.6M (FY2013) to $82.5M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $84.4MNet assets $190.0M
Operating margin
-8.2%
Spent more than it raised in the latest fiscal year.
Total assets
$274.4M
Total liabilities
$84.4M
Net assets
$190.0M
Salaries & benefits
$26.7M
30% of expenses
Board members
36
35 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $82,497,559▲2.7% | $89,276,196▲5.1% | $190,029,942▼0.6% | $274,386,680▲3.5% | 990 |
| 2022 | $80,321,511▲5.9% | $84,952,920▲11.7% | $191,153,947▲3.2% | $264,981,194▲4.1% | 990 |
| 2021 | $75,830,552▲6.9% | $76,031,718▲21.3% | $185,296,379▼8.2% | $254,544,230▼7.5% | 990 |
| 2020 | $70,928,101▲8.8% | $62,704,582▼6.7% | $201,855,986▲14.2% | $275,319,124▲9.3% | 990 |
| 2019 | $65,202,730▼0.6% | $67,174,910▲3.9% | $176,760,571▲1.1% | $251,778,518▲2.8% | 990 |
| 2018 | $65,567,039▲3.8% | $64,673,126▲2.4% | $174,846,615▼0.1% | $244,958,297▼0.8% | 990 |
| 2017 | $63,172,067▲5.1% | $63,131,348▲11.0% | $174,940,756▼0.8% | $246,829,259▼1.5% | 990 |
| 2016 | $60,088,560▲9.6% | $56,894,177▲5.7% | $176,385,946▲6.3% | $250,635,744▲13.0% | 990 |
| 2015 | $54,850,162▲8.6% | $53,812,737▲7.8% | $165,881,182▼3.6% | $221,874,188▲2.9% | 990 |
| 2014 | $50,516,187▼12.3% | $49,939,457▲12.0% | $172,061,478▼1.2% | $215,574,515▲1.2% | 990 |
| 2013 | $57,615,342 | $44,590,460▲6.4% | $174,099,646▲15.4% | $213,042,887▲14.2% | 990 |
| 2012 | — | $41,919,752▲3.5% | $150,924,347▲6.0% | $186,521,243▲7.3% | 990 |
| 2011 | — | $40,483,728▲7.9% | $142,327,801▼1.1% | $173,830,786▲1.4% | 990 |
| 2010 | — | $37,535,737▲1.6% | $143,859,367▲10.1% | $171,434,517▲8.5% | 990 |
| 2009 | — | $36,933,936 | $130,711,496 | $158,036,620 | 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 (FY2023)
Highest-paid: Dr John W Wells — $336,304 (0.38% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Dr John W Wells | President | 40 | $336,304 |
| Laurie Ferguson | Dean | 40 | $189,177 |
| Ada Fincher | Vice President | 40 | $179,216 |
| Emmet Tracy | Dean | 40 | $169,582 |
| Michael Puglisi | Provost | 40 | $143,268 |
| Robert Stalder | Chief Information Officer | 40 | $136,131 |
| Bishop Debra Wallace-padgett | Board Member | 1 | — |
| Br Blevins III | Board Member | 1 | — |
| Brooklyn S Belk | Board Member | 1 | — |
| Catherine L Lowe | Board Member | 1 | — |
| Cynthia B Massingale | Board Member | 1 | — |
| Cynthia Kennedy Reedy | Board Member | 1 | — |
| Darion A Morgan | Board Member | 1 | — |
| Donna Proffit Vaughn | Board Member | 1 | — |
| Dr Anne E Sluder | Board Chair | 2 | — |
| Dr Brian D Wolfe | Board Member | 1 | — |
| Dr January D Haile | Board Member | 1 | — |
| Dr L Carole Wharton | Board Member | 1 | — |
| Elliott G Moore | Board Member | 1 | — |
| Emily Blesi Anderson | Board Member | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Burwil Construction | Construction Contractor | $15,462,169 |
| Sodexo Inc Affiliates | Food Contractor | $5,080,053 |
| National Management Resources | Facilities Contractor | $1,284,501 |
| Apogee Telecom | Internet Provider | $1,065,310 |
| Thompson & Litton Inc | Project Design Consultant | $846,630 |
Grants received · $6.2M total
62 grants to Emory & Henry University totaling $6.2M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Lettie Pate Whitehead Foundation Inc | For general scholarship support. | 2024 | $302,810 |
| American Online Giving Foundation Inc | General support | 2024 | $27,739 |
| Lettie Pate Whitehead Foundation Inc | For general scholarship support. | 2023 | $302,810 |
| Donor Advised Charitable Giving | Education | 2023 | $32,940 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $29,500 |
| American Online Giving Foundation Inc | General support | 2023 | $21,585 |
| Wellmont Health System | Program support-college of nursing | 2023 | $16,882 |
| Network For Good Inc | Unrestricted | 2023 | $7,955 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $6,775 |
| Charities Aid Foundation America | Charitable donation | 2023 | $5,275 |
| Lettie Pate Whitehead Foundation Inc | For general scholarship support. | 2022 | $283,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $68,525 |
| Donor Advised Charitable Giving | Education | 2022 | $16,350 |
| Charities Aid Foundation America | Charitable donation | 2022 | $14,077 |
| American Online Giving Foundation Inc | General support | 2022 | $10,746 |
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Frequently asked questions
- Is Emory & Henry University a legitimate nonprofit?
- Yes. Emory & Henry University is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 54-0505892, based in Emory, Virginia. Donations are tax-deductible.
- What is Emory & Henry University's EIN?
- Emory & Henry University's Employer Identification Number (EIN) is 54-0505892.
- How much revenue does Emory & Henry University report?
- Emory & Henry University reported $82,497,559 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Emory & Henry University's spending goes to programs?
- Emory & Henry University spends about 87% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Emory & Henry University have?
- CharityIndex grades Emory & Henry University A, based on program efficiency and fundraising cost.
- How much does Emory & Henry University's highest-paid employee make?
- The highest reported compensation on Emory & Henry University's latest Form 990 is $336,304, paid to Dr John W Wells (President).
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Explore more
Data for Emory & Henry University (EIN 54-0505892) 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.