Tougaloo College
Only null% goes to programs Strong reserves Declining revenue
Tougaloo College is a 501(c)(3) organization based in Tougaloo, Mississippi, registered in 1943, with $33,759,001 in FY2023 revenue. CharityIndex grades it C+.
500 W County Line Rd, Tougaloo, MS, 39174 EIN 64-0303093 Since 1943
Revenue (FY2023)
$33.8M
▲ 11.7% vs prior year
Education median: $200K
Expenses (FY2023)
$37.5M
Net assets
$110.9M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
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. Not scored for Tougaloo College— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
C+Financial health25% of the rating36 mo reserves · -11% 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 Tougaloo College: 36 mo reserves · -11% margin earns a C+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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. Not scored for Tougaloo College— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 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 Tougaloo College: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 500 W County Line Rd, Tougaloo, MS, 39174
- City
- Tougaloo
- State
- Mississippi
- Category
- Education
- Subcategory
- Colleges & Universities
- Website
- …
Financial trends
Revenue grew from $28.6M (FY2013) to $33.8M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $7.5MNet assets $110.9M
Operating margin
-11.0%
Spent more than it raised in the latest fiscal year.
Total assets
$118.4M
Total liabilities
$7.5M
Net assets
$110.9M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $33,759,001▲11.7% | $37,484,599▲9.6% | $110,908,051▼1.1% | $118,428,760▼0.8% | 990 |
| 2022 | $30,225,333▼30.2% | $34,201,865▲10.7% | $112,111,870▼2.5% | $119,337,094▼3.3% | 990 |
| 2021 | $43,333,413▲0.1% | $30,892,727▲4.9% | $114,999,652▲10.3% | $123,387,535▲10.1% | 990 |
| 2020 | $43,270,730▲44.6% | $29,457,075▲13.4% | $104,231,068▲18.0% | $112,079,464▲16.8% | 990 |
| 2019 | $29,921,316▲0.7% | $25,971,569▼8.1% | $88,368,815▲4.4% | $95,926,322▲5.3% | 990 |
| 2018 | $29,718,286▲3.3% | $28,248,384▲2.6% | $84,655,586▲2.0% | $91,077,680▲2.1% | 990 |
| 2017 | $28,780,868▲8.1% | $27,533,145▲5.1% | $83,021,425▲50.4% | $89,161,831▲3.2% | 990 |
| 2016 | $26,635,280▼10.4% | $26,194,742▼7.4% | $55,193,969▲2.4% | $86,364,543▲0.8% | 990 |
| 2015 | $29,741,962▲3.6% | $28,280,940▲2.5% | $53,900,421▲1.6% | $85,679,719▼1.5% | 990 |
| 2014 | $28,720,930▲0.4% | $27,580,581▲7.5% | $53,058,993▲1.9% | $86,984,222▼0.3% | 990 |
| 2013 | $28,595,156 | $25,664,060▼4.4% | $52,045,817▲7.4% | $87,211,696▲2.8% | 990 |
| 2012 | — | $26,842,814▼2.5% | $48,445,283▲2.6% | $84,864,198▲5.0% | 990 |
| 2011 | — | $27,534,488▼0.8% | $47,215,721▲2.2% | $80,801,762▲5.9% | 990 |
| 2010 | — | $27,753,798▲8.1% | $46,180,100▲21.0% | $76,283,877▲18.7% | 990 |
| 2009 | — | $25,679,529 | $38,158,259 | $64,268,300 | 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.
Grants received · $23.1M total
98 grants to Tougaloo College totaling $23.1M, 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 | $1,163,645 |
| Tides Foundation | Quality education | 2024 | $300,000 |
| Lettie Pate Whitehead Foundation Inc | For general scholarship support. | 2024 | $246,000 |
| Strada Education Foundation Inc | Operating grant | 2024 | $110,177 |
| American Endowment Foundation | Educational | 2024 | $50,000 |
| Caresource | D williams annual trustee donation | 2024 | $10,000 |
| The Rhode Island Community Foundation | Edu - educational success (primary) | 2024 | $7,083 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $5,000 |
| United Negro College Fund Inc | Grants & scholarships, area office joint campaign | 2023 | $1,614,622 |
| Marin Community Foundation | Provide financial support for students and general support | 2023 | $1,000,000 |
| Lettie Pate Whitehead Foundation Inc | For general scholarship support. | 2023 | $246,000 |
| Strada Education Foundation Inc | Operating grant | 2023 | $123,667 |
| Trustees of Tufts College | Subcontract grant award | 2023 | $79,100 |
| Student Freedom Initiative Inc | Broadband program | 2023 | $50,000 |
| Southern Poverty Law Center Inc | Partner support grant | 2023 | $35,000 |
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Frequently asked questions
- Is Tougaloo College a legitimate nonprofit?
- Yes. Tougaloo College is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 64-0303093, based in Tougaloo, Mississippi. Donations are tax-deductible.
- What is Tougaloo College's EIN?
- Tougaloo College's Employer Identification Number (EIN) is 64-0303093.
- How much revenue does Tougaloo College report?
- Tougaloo College reported $33,759,001 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Tougaloo College have?
- CharityIndex grades Tougaloo College C+, based on financial health (reserves and operating margin).
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Data for Tougaloo College (EIN 64-0303093) 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.