Shaw University
Only 53% goes to programs $0 to raise $100 Strong reserves Declining revenue
Shaw University is a 501(c)(3) organization based in Raleigh, North Carolina, registered in 1956, with $33,798,553 in FY2023 revenue. CharityIndex grades it C+, and it directs about 53% of spending to programs.
118 E South St, Raleigh, NC, 27601 EIN 56-0530235 Since 1956
Revenue (FY2023)
$33.8M
▼ 6.5% vs prior year
Education median: $200K
Expenses (FY2023)
$44.4M
Net assets
$42.8M
Employees
558
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
C+Program efficiency40% of the rating53% to programs · $0 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 Shaw University: 53% to programs · $0 to raise $100 earns a C+ on this criterion. See the exact thresholds →
DFinancial health25% of the rating12 mo reserves · -31% 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 Shaw University: 12 mo reserves · -31% margin earns a D 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 Shaw University: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 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 Shaw University: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
See schedule o
Contact & location
- Address
- 118 E South St, Raleigh, NC, 27601
- City
- Raleigh
- State
- North Carolina
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $47.2M (FY2013) to $33.8M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $23.1MNet assets $42.8M
Operating margin
-31.3%
Spent more than it raised in the latest fiscal year.
Total assets
$65.9M
Total liabilities
$23.1M
Net assets
$42.8M
Salaries & benefits
$15.7M
35% of expenses
Board members
25
25 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $33,798,553▼6.5% | $44,369,115▼1.5% | $42,826,163▼15.8% | $65,935,861▼1.4% | 990 |
| 2022 | $36,164,746▼13.9% | $45,050,610▲9.0% | $50,875,229▼12.6% | $66,891,167▼3.8% | 990 |
| 2021 | $41,989,204▼37.3% | $41,336,381▲1.5% | $58,219,881▲1.7% | $69,500,693▼4.1% | 990 |
| 2020 | $66,988,324▲79.6% | $40,739,881▲9.1% | $57,237,074▲83.0% | $72,503,111▲8.4% | 990 |
| 2019 | $37,303,060▼5.2% | $37,330,499▼0.8% | $31,274,828▲1.6% | $66,879,036▲3.1% | 990 |
| 2018 | $39,356,019▲4.1% | $37,647,979▼10.8% | $30,771,140▲7.8% | $64,864,705▼3.9% | 990 |
| 2017 | $37,800,150▼15.8% | $42,218,640▼12.5% | $28,552,447▼12.4% | $67,499,048▲1.9% | 990 |
| 2016 | $44,901,209▲13.2% | $48,268,768▲29.9% | $32,612,550▼7.7% | $66,247,600▼4.2% | 990 |
| 2015 | $39,651,341▼2.5% | $37,144,218▼11.3% | $35,326,429▲1.4% | $69,157,294▼2.9% | 990 |
| 2014 | $40,657,394▼13.8% | $41,868,139▼11.1% | $34,830,375▼5.3% | $71,198,990▼5.6% | 990 |
| 2013 | $47,166,938 | $47,109,803▲7.6% | $36,777,797▲4.5% | $75,432,454▲2.2% | 990 |
| 2012 | — | $43,794,488▼10.0% | $35,177,675▲8.7% | $73,841,433▲1.4% | 990 |
| 2011 | — | $48,642,037▼6.2% | $32,373,053▼5.1% | $72,786,892▼7.2% | 990 |
| 2010 | — | $51,876,021▲11.9% | $34,100,713▲6.7% | $78,434,676▲9.6% | 990 |
| 2009 | — | $46,369,960 | $31,971,569 | $71,533,810 | 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 Paulette Dillard — $253,667 (0.57% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Dr Paulette Dillard | President | 40 | $253,667 |
| Lynette Wood | Dean - School of Business | 40 | $148,952 |
| Dr Stacey Sowell | Vp Enrollment Mgmt and Student | 40 | $145,891 |
| David Byrd | Vp For Finance and Admin/cfo | 40 | $142,887 |
| Marilyn Richards | Vp Institutional Advancement | 40 | $127,917 |
| Renata Dusenbury | Vp For Academic Affairs | 40 | $117,782 |
| Leon Lewis | Chief Information Officer | 40 | $109,766 |
| Dr Vanessa Raynor-moone | Acting Vp Student Affairs/dean | 40 | $106,167 |
| Aydia Cobb | President, Sga | 1 | — |
| Dr Adrian Allen | President, Faculty Senate | 1 | — |
| Dr H Donell Lewis | Secretary | 1 | — |
| Dr Ida Silver Wiggins | Trustee | 1 | — |
| Dr James A Thorton | Assistant Secretary | 1 | — |
| Dr John H Lucas | Trustee | 1 | — |
| Dr Joseph Bell | Chair | 1 | — |
| Dr Lorenzo Williams | Trustee | 1 | — |
| Dr Mack Sowell | Trustee | 1 | — |
| Dr Michael Ugwueke | Trustee | 1 | — |
| Dr Nilous M Avery II | Trustee | 1 | — |
| Dr Ol'bunmi Peters | Trustee | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Sodexo Inc | Plant Maintenance | $3,471,908 |
| Thompson Hospitality Services LLC | Food and Catering | $3,206,704 |
| Rove LLC | Global Digital Svcs | $895,133 |
| Jenzabar | It and Consulting | $435,001 |
| Winslow Technology Group LLC | Server Equipment | $209,570 |
Grants received · $14.7M total
67 grants to Shaw University totaling $14.7M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| United Negro College Fund Inc | Grants & scholarships, area office joint campaign | 2024 | $1,144,263 |
| A J Fletcher Foundation | Real estate & strategic development | 2024 | $250,000 |
| Strada Education Foundation Inc | Operating grant | 2024 | $110,176 |
| North Carolina Community Foundation Inc | To support the organization's stated mission | 2024 | $42,020 |
| Foundation For the Carolinas | Charitable gift | 2024 | $25,000 |
| Charities Aid Foundation America | Charitable donation | 2024 | $15,250 |
| American Online Giving Foundation Inc | General support | 2024 | $7,726 |
| United Negro College Fund Inc | Grants & scholarships, area office joint campaign | 2023 | $3,349,353 |
| Strada Education Foundation Inc | Operating grant | 2023 | $92,317 |
| North Carolina Community Foundation Inc | Private colleges & universities - scholarships | 2023 | $45,490 |
| Foundation For the Carolinas | Charitable gift | 2023 | $25,000 |
| National Collegiate Athletic Association | Grants | 2023 | $13,510 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $5,100 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2023 | $5,000 |
| United Negro College Fund Inc | Grants & scholarships, area office joint campaign | 2022 | $921,747 |
Grants made · $77K in FY2023
1 grant totaling $77K in FY2023. All grants made by Shaw University →
| Recipient | Purpose | Amount |
|---|---|---|
| United Negro College Fund Inc | Fund education | $77,000 |
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Compare Shaw University
Frequently asked questions
- Is Shaw University a legitimate nonprofit?
- Yes. Shaw University is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 56-0530235, based in Raleigh, North Carolina. Donations are tax-deductible.
- What is Shaw University's EIN?
- Shaw University's Employer Identification Number (EIN) is 56-0530235.
- How much revenue does Shaw University report?
- Shaw University reported $33,798,553 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Shaw University's spending goes to programs?
- Shaw University spends about 53% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Shaw University have?
- CharityIndex grades Shaw University C+, based on program efficiency and fundraising cost.
- How much does Shaw University's highest-paid employee make?
- The highest reported compensation on Shaw University's latest Form 990 is $253,667, paid to Dr Paulette Dillard (President).
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Data for Shaw University (EIN 56-0530235) 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.