990 Scout/ Spelman College/ Financials

Financial Information for Spelman College

Spelman College's annual revenue was $174.0M in tax year 2024, reported on their IRS Form 990. They spent $186.4M in total expenses. 78% went to programs and services.

Financial Breakdown

What is Spelman College's total annual expenses?

Spelman College spent $186.4M in tax year 2024, according to their IRS Form 990 filing.

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

Spelman College spent $145.5M (78% of expenses) on programs and services in tax year 2024.

How much does Spelman College spend on overhead?

Spelman College's overhead in tax year 2024 includes administrative (18%) and fundraising (4%) of their expenses.

What is Spelman College's net worth?

Spelman College had net assets of $964.1M 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.