990 Scout/ Ferrum College/ Financials

Financial Information for Ferrum College

Ferrum College's annual revenue was $40.0M in tax year 2024, reported on their IRS Form 990. They spent $41.4M in total expenses. 85% went to programs and services.

Financial Breakdown

What is Ferrum College's total annual expenses?

Ferrum College spent $41.4M in tax year 2024, according to their IRS Form 990 filing.

How much of Ferrum College's budget goes to programs?

Ferrum College spent $35.2M (85% of expenses) on programs and services in tax year 2024.

How much does Ferrum College spend on overhead?

Ferrum College's overhead in tax year 2024 includes administrative (14%) and fundraising (1%) of their expenses.

What is Ferrum College's net worth?

Ferrum College had net assets of $103.3M as of the end of tax year 2024.

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All figures are reported on the organization's IRS Form 990 filing and are public record. Revenue and expense data come from Form 990 Part I, and asset data comes from the balance sheet section. These are filed amounts as reported by the organization.