B — EducationEIN: 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$194,372,216↓5%$160,810,189↑10%$870,926,521↑6%
2022$204,393,744↑12%$145,583,655↑24%$821,952,118↓4%
2021$182,970,731↓6%$117,097,563↓5%$855,779,306↑28%
2020$194,986,172↑43%$123,089,218↑3%$668,899,439↑7%
2019$136,754,272↓19%$118,980,032$625,620,827↑2%
2018$168,157,416↑41%$119,244,779↑5%$615,801,515↑9%
2017$119,004,095↑2%$113,859,315$565,211,933↑3%
2016$117,077,988↓15%$113,446,305↑2%$546,957,215↓3%
2015$137,519,279↑8%$111,492,523↑9%$565,729,276↓1%
2014$127,021,562↑2%$102,546,611↓1%$570,973,593↑9%
2013$123,964,406↑5%$103,414,782↑1%$523,703,169↑3%
2012$118,606,685↑15%$102,086,586$508,108,237↓1%
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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