Morehouse College

Organization Overview

Morehouse College is located in Atlanta, GA. The organization was established in 1935. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 06/2021, Morehouse College employed 1,000 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Morehouse College is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, Morehouse College generated $206.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.1% each year . All expenses for the organization totaled $104.3m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SEE SCHEDULE O

Describe the Organization's Program Activity:

PROVIDING HIGHER EDUCATION TO STUDENTS UNDER A DEGREE PROGRAM. INSTRUCTION TO OVER 2,100 UNDERGRADUATE STUDENTS IN CURRICULA SUCH AS EDUCATION, SCIENCES, HUMANITIES, AND MATH. THE COLLEGE PROVIDES ITS STUDENTS WITH THE HIGHEST QUALITY OF EDUCATION IN AN ACADEMICALLY PROGRESSIVE ENVIRONMENT.


PROVIDING SCHOLARSHIPS TO DESERVING STUDENTS. THOUGH STUDENT AID, THE COLLEGE OFFERS SUPPORT IN THE FORM OF SCHOLARSHIPS, GRANTS, LOANS, AND WORK STUDY TO STUDENTS BASED ON FINANCIAL NEED TO ALLOW STUDENTS A COLLEGE EDUCATION WHO MAY NOT OTHERWISE BE ABLE TO ATTEND.


CONDUCTING RESEARCH AND OTHER ACADEMIC PROGRAMS FOR THE BENEFIT OF ITS STUDENT BODY AND THE GENERAL PUBLIC.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Aramark
Food Services
$1,728,687
Regions Bank
Financial Services
$2,525,812
Tiaa-cref
Financial Services
$2,479,910
Aramark Facility Services Llc
Facility Operations
$11,952,708
Aetna Student Health Agency Inc
Student Health Services
$1,576,849
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$377,635
Related organizations$0
Government grants $81,759,554
All other contributions, gifts, grants, and similar amounts not included above$56,134,472
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$138,271,661
Total Program Service Revenue$54,188,593
Investment income $3,434,008
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $1,576,946
Net Income from Fundraising Events -$63,837
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $206,029,432

Grants Recieved

Over the last fiscal year, we have identified 5 grants that Morehouse College has recieved totaling $309,368.

Awarding OrganizationAmount
Gray Foundation

Cohoes, NY

PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION.

$266,000
Anonymous Trust

Raleigh, NC

PURPOSE: SCHOLARSHIP FOR ISAIAH WILSON

$26,322
Quarterman & Keller Foundation Inc

Savannah, GA

PURPOSE: SCHOLARSHIP PROGRAM QUARTERMAN & KELLER SOCIAL JUSTICE SCHOLARS

$9,000
Jennie Browne Lee Tr Uw 003854-01 Nect

Pittsburgh, PA

PURPOSE: GENERAL SUPPORT

$5,546
Organization Name not Listed

PURPOSE: SCHOLARSHIP

|

$2,500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$157,080,773
Earnings$52,960,956
Net Contributions$74,204,172
Grants$6,208,664
Ending Balance$278,037,237

Peer Organizations

Organization NameAssets
Everglades College Inc
Fort Lauderdale, FL
$647,335,916
Furman University
Greenville, SC
$208,077,263
Rollins College
Winter Park, FL
$217,797,924
Davidson College
Davidson, NC
$194,756,860
Rhodes College
Memphis, TN
$126,618,541
Berry College Inc
Mount Berry, GA
$178,933,031
Florida Southern College
Lakeland, FL
$143,874,205
Southeastern University Inc
Lakeland, FL
$143,033,375
Eckerd College
St Petersburg, FL
$127,879,721
Anderson University
Anderson, SC
$130,183,026
Wofford College
Spartanburg, SC
$116,076,279
Palm Beach Atlantic University Inc
West Palm Beach, FL
$119,213,584

Create an account to unlock the data you need.

or