William Carey University
501(c)(3) Donations tax-deductible
72% goes to programs $4 to raise $100 Strong reserves Growing revenue
William Carey University is a 501(c)(3) organization based in Hattiesburg, Mississippi, registered in 1973, with $114,883,434 in FY2023 revenue. CharityIndex grades it A, and it directs about 72% of spending to programs.
710 William Carey Parkway Wcu Box 1, Hattiesburg, MS, 39401 EIN 64-0329300 Since 1973
Revenue (FY2023)
$114.9M
▲ 22.6% vs prior year
Expenses (FY2023)
$98.9M
Net assets
$221.2M
Employees
1,341
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
BProgram efficiency40% of the rating72% 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 William Carey University: 72% to programs · $4 to raise $100 earns a B on this criterion. See the exact thresholds →
AFinancial health25% of the rating27 mo reserves · +14% 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 William Carey University: 27 mo reserves · +14% margin earns a A 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 William Carey 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 William Carey University: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
As a christian university which embraces its baptist heritage and namesake, william carey university provides quality educational programs within a caring christian academic community, which challenge the individual student to excel in scholarship, leadership, and service in a diverse global society.
What they do
Student aiddirect aid to students primarily from institutional funds
Auxiliary enterprises include dining, housing, and athletics.auxiliary programs provide housing and dining services for the students who need or want to live on campus. the athletic programs encourage loyalty to the university and a sense of unity among students and faculty. in providing these programs, the university encourages the exercise of student talent, which enhances the learning experiences of the students involved.
Other ancillary activities related to university operations
Contact & location
- Address
- 710 William Carey Parkway Wcu Box 1, Hattiesburg, MS, 39401
- City
- Hattiesburg
- State
- Mississippi
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $57.8M (FY2013) to $114.9M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $50.5MNet assets $221.2M
Operating margin
13.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$271.7M
Total liabilities
$50.5M
Net assets
$221.2M
Salaries & benefits
$45.2M
46% of expenses
Board members
23
23 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $114,883,434▲22.6% | $98,926,670▲6.3% | $221,194,956▲9.4% | $271,691,266▲8.1% | 990 |
| 2022 | $93,683,710▼4.6% | $93,092,057▼1.2% | $202,106,572▲0.9% | $251,274,445▼0.4% | 990 |
| 2021 | $98,180,914▲5.1% | $94,227,743▲12.5% | $200,209,287▼0.9% | $252,285,278▼2.3% | 990 |
| 2020 | $93,416,449▲19.5% | $83,785,625▲11.1% | $202,123,205▲6.7% | $258,133,608▲3.2% | 990 |
| 2019 | $78,205,478▲9.7% | $75,405,911▲6.9% | $189,445,048▼0.8% | $250,187,217▲6.7% | 990 |
| 2018 | $71,278,420▲3.3% | $70,558,711▲9.2% | $190,931,164▲1.0% | $234,575,439▲0.2% | 990 |
| 2017 | $69,033,553▲16.2% | $64,596,234▲10.6% | $189,084,141▲21.2% | $234,163,500▲23.1% | 990 |
| 2016 | $59,401,000▼4.4% | $58,402,465▲7.6% | $156,031,814▲58.7% | $190,208,407▲55.8% | 990 |
| 2015 | $62,116,323▲3.1% | $54,295,987▲6.5% | $98,302,857▲9.0% | $122,058,537▲6.8% | 990 |
| 2014 | $60,234,272▲4.2% | $50,999,348▲1.5% | $90,217,186▲10.1% | $114,328,832▼5.8% | 990 |
| 2013 | $57,828,109 | $50,244,871▲6.8% | $81,923,009▲11.4% | $121,354,476▲6.3% | 990 |
| 2012 | — | $47,036,188▲11.2% | $73,561,544▲6.3% | $114,158,287▲4.7% | 990 |
| 2011 | — | $42,288,340▲9.7% | $69,208,152▲7.6% | $109,056,071▲3.7% | 990 |
| 2010 | — | $38,552,162 | $64,332,833 | $105,172,694 | 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: Italo R Subbarao — $555,027 (0.56% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Italo R Subbarao | Professor of Clinical Sciences and Dean of College | 40 | $555,027 |
| Benjamin C Burnett | Professor of Education and President and Chief Exe | 40 | $297,510 |
| Ajay Sharma | Faculty Position For Clinical Sciences; Director | 40 | $289,162 |
| Tiffany Worthington | Associate Professor of Clinical Sciences and Assoc | 40 | $265,277 |
| Ethan B Worthington | Associate Professor of Clinical Sciences and Chair | 40 | $259,460 |
| Tonya Grace Creech | Former Associate Professor of Clinical Sciences An | 40 | $240,604 |
| Michael John Malloy | Former Professor of Pharmacy and Dean of Pharmacy | 40 | $236,597 |
| Edward Robert Friedlander | Professor of Preclinical Sciences | 40 | $218,500 |
| Eng T Huu | Associate Professor of Clinical Sciences | 40 | $209,716 |
| Darryll W Barksdale | Assistant Professor of Clinical Sciences | 40 | $202,229 |
| Sam Fillingane | Associate Professor of Clinical Sciences | 40 | $202,229 |
| John W Gaudet | Associate Professor of Clinical Sciences | 40 | $200,077 |
| James M Mitchell | Assistant Professor of Clinical Sciences | 40 | $200,000 |
| Melissa Renee Stephens | Part Time Professor of Clinical Sciences and Assoc | 40 | $198,146 |
| Evan R Williamson | Assistant Professor of Clinical Sciences | 40 | $195,041 |
| Makayla L Merritt | Assistant Professor of Clinical Sciences and Assis | 40 | $187,226 |
| Brian Zachariah | Associate Professor of Clinical Sciences | 40 | $187,119 |
| Everett A Roark | Professor of Preclinical Sciences and Associate De | 40 | $180,830 |
| Janet K Williams | Professor of Nursing and Vice President of Health | 40 | $174,124 |
| Daniel P Caldwell | Provost | 40 | $141,408 |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Mmi Dining Systems LLC | Food Services | $2,343,966 |
| Hanco Corporation | Construction Services | $1,118,051 |
| Approved Colleges LLC | Recruiting Services | $935,885 |
| Barnes & Noble Bookstore | Bookstore Services | $785,123 |
| Professional Security | Security Services | $726,536 |
Grants received · $177K total
12 grants to William Carey University totaling $177K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Community Foundation of Sarasota County Inc | Education | 2024 | $10,000 |
| The Us Charitable Gift Trust | For recipient's exempt purpose | 2023 | $52,000 |
| Donor Advised Charitable Giving | Education | 2023 | $25,050 |
| Community Foundation of Sarasota County Inc | Scholarship support | 2023 | $10,000 |
| Community Foundation of Sarasota County Inc | Scholarship support | 2022 | $10,000 |
| Community Foundation of Sarasota County Inc | Scholarship support | 2021 | $10,000 |
| Community Foundation of Sarasota County Inc | Scholarship support | 2020 | $10,000 |
| Community Foundation of Sarasota County Inc | Scholarship support | 2019 | $10,000 |
| Community Foundation of Sarasota County Inc | Scholarship support | 2018 | $10,000 |
| Donor Advised Charitable Giving | Education | 2016 | $10,200 |
| Tulsa Community Foundation | Scholarship | 2015 | $5,000 |
| Greater Houston Community Foundation | This grant is for the katie rose and hardin t. mcclendon endowed academic scholarship. | 2014 | $15,000 |
Grants made · $5,000 in FY2014
1 grant totaling $5,000 in FY2014. All grants made by William Carey University →
| Recipient | Purpose | Amount |
|---|---|---|
| Partnership Foundation Inc | Community development | $5,000 |
Frequently asked questions
- Is William Carey University a legitimate nonprofit?
- Yes. William Carey University is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 64-0329300, based in Hattiesburg, Mississippi. Donations are tax-deductible.
- What is William Carey University's EIN?
- William Carey University's Employer Identification Number (EIN) is 64-0329300.
- How much revenue does William Carey University report?
- William Carey University reported $114,883,434 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of William Carey University's spending goes to programs?
- William Carey University spends about 72% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does William Carey University have?
- CharityIndex grades William Carey University A, based on program efficiency and fundraising cost.
- How much does William Carey University's highest-paid employee make?
- The highest reported compensation on William Carey University's latest Form 990 is $555,027, paid to Italo R Subbarao (Professor of Clinical Sciences and Dean of College).
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Data for William Carey University (EIN 64-0329300) 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.