University of Charleston
89% goes to programs $4 to raise $100 Strong reserves
University of Charleston is a 501(c)(3) organization based in Charleston, West Virginia, registered in 1948, with $70,968,261 in FY2023 revenue. CharityIndex grades it A, and it directs about 89% of spending to programs.
2300 Maccorkle Ave Se, Charleston, WV, 25304 EIN 55-0357039 Since 1948
Revenue (FY2023)
$71.0M
▼ 8.0% vs prior year
Education median: $200K
Expenses (FY2023)
$72.4M
Net assets
$141.5M
Employees
824
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 rating89% to programs · $4 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 University of Charleston: 89% to programs · $4 to raise $100 earns a A on this criterion. See the exact thresholds →
B+Financial health25% of the rating23 mo reserves · -2% 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 University of Charleston: 23 mo reserves · -2% 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 University of Charleston: 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 University of Charleston: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Educate each student for a life of productive work, enlightened living and community involvement.
What they do
Auxillary enterprises consists of expenses incurred for operations such as food service and housing, which exist to furnish goods or services to students, faculty, or staff, and are managed as essentially self-supporting activities.
Scholarships and fellowships - the university provides financial assistance to students either based on need or academic merit
Contact & location
- Address
- 2300 Maccorkle Ave Se, Charleston, WV, 25304
- City
- Charleston
- State
- West Virginia
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $51.7M (FY2013) to $71.0M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $27.2MNet assets $141.5M
Operating margin
-2.1%
Spent more than it raised in the latest fiscal year.
Total assets
$168.7M
Total liabilities
$27.2M
Net assets
$141.5M
Salaries & benefits
$27.9M
39% of expenses
Board members
22
22 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $70,968,261▼8.0% | $72,442,845▲2.1% | $141,453,031▲2.6% | $168,675,553▲2.1% | 990 |
| 2022 | $77,150,566▼3.9% | $70,942,251▼3.9% | $137,892,094▲5.1% | $165,208,048▲3.8% | 990 |
| 2021 | $80,269,792▲20.7% | $73,805,163▲13.6% | $131,255,699▲1.1% | $159,209,306▼3.8% | 990 |
| 2020 | $66,493,632▲4.5% | $64,995,865▼1.3% | $129,845,570▲13.8% | $165,466,364▲7.6% | 990 |
| 2019 | $63,621,611▼15.3% | $65,830,277▲2.7% | $114,101,885▼1.8% | $153,751,925▲1.0% | 990 |
| 2018 | $75,086,374▲13.3% | $64,105,737▼0.3% | $116,199,313▲10.4% | $152,199,844▲6.1% | 990 |
| 2017 | $66,299,286▲2.3% | $64,318,520▲2.5% | $105,239,186▲5.3% | $143,512,427▲1.2% | 990 |
| 2016 | $64,820,958▲8.1% | $62,742,274▲2.7% | $99,916,426▲6.7% | $141,746,507▲5.3% | 990 |
| 2015 | $59,959,783▼9.3% | $61,065,170▲8.3% | $93,674,848▼2.6% | $134,645,596▼2.3% | 990 |
| 2014 | $66,099,197▲28.0% | $56,382,071▲3.3% | $96,170,749▲10.9% | $137,819,682▲5.6% | 990 |
| 2013 | $51,652,340 | $54,566,198▲4.2% | $86,697,189▲2.6% | $130,490,995▲0.2% | 990 |
| 2012 | — | $52,376,063▲7.5% | $84,489,370▲6.3% | $130,208,490▲1.5% | 990 |
| 2011 | — | $48,714,251▼1.3% | $79,505,336▼5.9% | $128,264,944▼4.1% | 990 |
| 2010 | — | $49,346,124▲10.3% | $84,505,230▲5.2% | $133,738,419▼0.1% | 990 |
| 2009 | — | $44,729,179 | $80,301,260 | $133,897,912 | 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: Martin Roth — $367,932 (0.51% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Martin Roth | President,trustee Ex-offic | 40 | $367,932 |
| Kristy Lucas | Dean of School of Pharmacy | 40 | $221,468 |
| Cleta Harless | Executive Vp & Cfo | 40 | $165,948 |
| Mindy Smith-amburgey | Dean of the School of Heal | 40 | $148,456 |
| Elizabeth Wolfe | Executive Vp of Enrollment | 40 | $133,918 |
| John Barnette | Assistant Vp For Strategic Ini | 40 | $131,858 |
| Julie Testman | Professor of Pharmacy | 40 | $130,681 |
| Betty Beimel | Program Director Nurse Pra | 40 | $130,589 |
| M D Omar Khan | Former Prof. of Pharmacy | 40 | $128,768 |
| Kim Spiezio | Executive Vp & Provost | 40 | $91,306 |
| Daniel Silber | Executive Vp & Provost | 40 | $74,250 |
| Ben Beakes | Trustee | 1 | — |
| Bernard Layne | Trustee | 1 | — |
| Dave Ramsey | Trustee | 1 | — |
| David Gallagher | Trustee | 1 | — |
| Dean Cordle | Trustee | 1 | — |
| Dickie Jamieson | Trustee | 1 | — |
| Elizabeth Walker | Trustee | 1 | — |
| Eric Hicks | Trustee | 1 | — |
| Fonda Elliot | Trustee | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Avi Foodsystems Inc | Food-catering | $2,154,652 |
| Pray Construction | Construction | $860,549 |
| Independent College Enterprise | Software | $679,267 |
| Assessment Technologies | Consulting | $508,984 |
| Pickering Associates Inc | Design Services | $454,500 |
Grants received · $7.1M total
63 grants to University of Charleston totaling $7.1M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $118,000 |
| AARP | Sponsorship of event | 2024 | $10,000 |
| American Online Giving Foundation Inc | General support | 2024 | $6,862 |
| Charities Aid Foundation America | Charitable donation | 2024 | $6,792 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $80,150 |
| Donor Advised Charitable Giving | Education | 2023 | $26,500 |
| National Collegiate Athletic Association | Grants | 2023 | $20,641 |
| American Endowment Foundation | Educational | 2023 | $5,232 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $2,151,750 |
| Donor Advised Charitable Giving | Education | 2022 | $516,750 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2022 | $10,000 |
| American Online Giving Foundation Inc | General support | 2022 | $7,436 |
| National Collegiate Athletic Association | Grants | 2022 | $6,660 |
| West Virginia University Research Corporation | Research | 2022 | $5,705 |
| Winston-salem Foundation | 2 grant(s) for varying purposes | 2021 | $200,200 |
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Compare University of Charleston
Frequently asked questions
- Is University of Charleston a legitimate nonprofit?
- Yes. University of Charleston is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 55-0357039, based in Charleston, West Virginia. Donations are tax-deductible.
- What is University of Charleston's EIN?
- University of Charleston's Employer Identification Number (EIN) is 55-0357039.
- How much revenue does University of Charleston report?
- University of Charleston reported $70,968,261 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of University of Charleston's spending goes to programs?
- University of Charleston spends about 89% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does University of Charleston have?
- CharityIndex grades University of Charleston A, based on program efficiency and fundraising cost.
- How much does University of Charleston's highest-paid employee make?
- The highest reported compensation on University of Charleston's latest Form 990 is $367,932, paid to Martin Roth (President,trustee Ex-offic).
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Explore more
Data for University of Charleston (EIN 55-0357039) 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.