BEducationEIN: 580566243

Spelman College

Atlanta, Georgia

AHealth Score
85A

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Excellent

How This Organization Compares

Compared to 492 peers in Education with $100M-$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org4.97×
Peer Median1.96×
💰
$194.4M
Total Revenue
📊
$160.8M
Total Expenses
🏦
$798.9M
Net Assets
📋
$72.0M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-4.9%
Year-over-year change (2022 → 2023)
Net Margin
+17.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
4.97
Net assets divided by total expenses
Liabilities-to-Assets
8.3%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$194,372,2165%$160,810,18910%$870,926,5216%
2022$204,393,74412%$145,583,65524%$821,952,1184%
2021$182,970,7316%$117,097,5635%$855,779,30628%
2020$194,986,17243%$123,089,2183%$668,899,4397%
2019$136,754,27219%$118,980,032$625,620,8272%
2018$168,157,41641%$119,244,7795%$615,801,5159%
2017$119,004,0952%$113,859,315$565,211,9333%
2016$117,077,98815%$113,446,3052%$546,957,2153%
2015$137,519,2798%$111,492,5239%$565,729,2761%
2014$127,021,5622%$102,546,6111%$570,973,5939%
2013$123,964,4065%$103,414,7821%$523,703,1693%
2012$118,606,68515%$102,086,586$508,108,2371%
2011$103,192,905$102,412,274$512,177,411

Frequently Asked Questions

What does Spelman College do?

Spelman College is a education nonprofit organization based in Georgia. It is classified under NTEE code B420 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Spelman College financially healthy?

Based on our 9-metric Financial Health Score model, Spelman College has a score of 85/100 (Grade: A). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Spelman College generate?

Spelman College reports $288.4M in annual revenue and holds $993.5M in total assets, based on IRS filings.

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