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South Carolina · Nonprofit

ANDERSON UNIVERSITY

ANDERSON UNIVERSITY (South Carolina) receives grants from 102 organizations whose IRS filings report $8,968,930 to it, the largest being LILLY ENDOWMENT INC ($1,100,000). 64 of them have funded it in more than one year.

Revenue FY2025
$177M
Funders on record
102
Grants received
$9.0M
Net assets
$196M
64/102 repeat funderspeak grant-dependency 2%
01What it does

What Anderson University does

Mission

The university is a comprehensive university affiliated with the south carolina baptist convention offering bachelors, masters, and doctorate degrees. Located on approximately 398 acres in the upstate region of south carolina near the foothills of the appalachians, the university features a rigorous education in a supportive christian atmosphere. The organization offers 64 baccalaureate majors, 43 major-embedded concentrations, as well as 56 minors and two undergraduate certificates. The organization also offers 22 master degrees and 7 graduate certificate programs in the fields of business, christian studies, computer science, criminal justice, cybersecurity, education, music education, nursing, and pathology. At the post-master's level, the organization offers 11 doctoral programs: doctor of ministry, doctor of nursing practice (four), doctor of physical therapy, doctor of philosophy in leadership, doctor of philosophy in preaching, and doctor of education (three).

As stated on its FY2025 Form 990.

Programs

  1. The university is a comprehensive university affiliated with the south carolina baptist convention offering bachelors, masters, and doctorate degrees. Located on approximately 398 acres in the upstate region of south carolina near the foothills of the appalachians, the university features a rigorous education in a supportive christian atmosphere. The main sourcesof revenue are tuition, fee, and auxiliary enterprise income as well as contributions from the public.the organization offers 64 baccalaureate majors, 43 major-embedded concentrations, as well as 56 minors and two undergraduate certificates. The organization also offers 22 master degrees and 7 graduate certificate programs in the fields of business, christian studies, computer science, criminal justice, cybersecurity, education, music education, nursing, and pathology. At the post-master's level, the organization offers 11 doctoral programs: doctor of ministry, doctor of nursing practice (four), doctor of physical therapy, doctor of philosophy in leadership, doctor of philosophy in preaching, and doctor of education (three).highlights of the 2024-2024 fiscal year - historic enrollment, major transformation underway at…

    $120,439,788 spentof which $54,856,472 as grants$120,648,067 earned by the program
    87% of program spending
  2. Auxiliary enterprise revenue: auxiliary enterprises exist to furnish goods or services to students, faculty, staff, or incidentally to the general public. Fees charged for auxiliary enterprises are priced to offset the cost of the goods or services provided. The distinguishing characteristic of auxiliary enterprises is that they are managed as an essentially self-supporting activity. Revenues and expenses from auxiliary enterprises are reported as changes in net assets without donor restrictions.auxiliary enterprises revenue includes activities for student housing and dining facilities. A small number of institutional scholarships specifically for defraying the costs of residential services are awarded, which reduce the amount of revenue recognized. Payments for housing and dining services are due approximately by the start of the academic term. Dining plans are not offered during the summer term. Performance obligations for housing and dining services are delivered over the academic terms. Consequently, associated revenues are earned and recognized over the course of each term as the services are delivered.

    $17,684,529 spent$23,396,684 earned by the program
    13% of program spending
  3. Other program revenue that includes, but is not limited to, commissions from sales of student related items, perkins debt service, ticket sales for athletic and theatre events, and magazine subscription revenue.

    $47,487 spent$2,724,286 earned by the program
    0% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $138,171,804.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($87M) Expenses 100 ($78M) Net assets 100 ($121M)2018 Revenue 109 ($94M) Expenses 109 ($85M) Net assets 106 ($129M)2019 Revenue 110 ($95M) Expenses 115 ($90M) Net assets 110 ($133M)2020 Revenue 118 ($102M) Expenses 123 ($96M) Net assets 116 ($140M)2021 Revenue 144 ($125M) Expenses 137 ($107M) Net assets 137 ($166M)2022 Revenue 150 ($130M) Expenses 157 ($123M) Net assets 136 ($164M)2023 Revenue 151 ($131M) Expenses 168 ($132M) Net assets 135 ($163M)2024 Revenue 171 ($148M) Expenses 186 ($146M) Net assets 141 ($170M)2025 Revenue 205 ($177M) Expenses 198 ($155M) Net assets 162 ($196M)
'17'18'19'20'21'22'23'24'25
Revenue (205)Expenses (198)Net assets (162)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $214M to $270M (+26%).

$168M
$173M
$176M
$187M
$214M
$270M
$268M
$275M
$293M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 0% · 2018 0% · 2019 0% · 2020 2% · 2021 9% · 2022 4% · 2023 1% · 2024 0% · 2025 0%. Grants only. Government contracts and fees sit inside program revenue.

15% of ANDERSON UNIVERSITY’s revenue is contributions — more donation-reliant than the typical peer (14% for the typical peer).

This organization
Typical peer · 732 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.

$8.3M
’17
$9.4M
’18
$5.1M
’19
$5.8M
’20
$17M
’21
$7.0M
’22
−$733k
’23
$2.4M
’24
$23M
’25
2.7
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

'17'18'19'20'21'22'24'25
Listed3637384141403940
Joined·+14+11+15+7+6·+6
No longer listed·13101277·5
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 18 funders to 44 funders, grant income rose $160k → $2.6M.

18 of 102 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 16% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of ANDERSON UNIVERSITY’s funders (the co-funder graph). Top 30 of 102 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

ANDERSON UNIVERSITY has a broad base — no single funder exceeds 12% of grant income, and it takes 7 funders to reach half.

the vertical line marks half of all grant income — 7 funders to its left

32% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund ANDERSON UNIVERSITY.

12%
largest funder
28%
top three
~19
effective funders

Largest funder’s share by year: 2017 26% · 2018 19% · 2019 19% · 2020 16% · 2021 16% · 2022 18% · 2023 42% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

40% of ANDERSON UNIVERSITY's funders are still giving 3 years after their first grant; 63% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

ANDERSON UNIVERSITY draws 55% of its grant income from funders outside South Carolina, across 26 states in all.

IL
WI
MI
NY
MA
IN
OH
PA
NJ
CT
RI
CO
MO
WV
VA
MD
DE
KS
NC
SC
DC
OK
AL
GA
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
South Carolina out of state home

Funder states come from each funder’s own filing. $1.4M arriving through sponsors registered in 13 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

ANDERSON UNIVERSITY has grown faster than three-quarters of the 684 education nonprofits its size.

Operating margin13% · above the median
Months of reserve2.7mo · above the median
Revenue growth (annualized)9% · top quartile

this organization peer median middle 50% of peers· 684 education nonprofits over $100M, FY2025

Government funding ANDERSON UNIVERSITY receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $12.2M on record — $12.2M federal, $146 state.

Federal$12.2M
grants $12.2Mcontracts $0
17
20
21
24
25
Top agencies
  • Department of Education$11.5M
  • National Science Foundation$506k
  • Environmental Protection Agency$200k
State$146
Top programs
  • REFUNDS - GENERAL $146

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like ANDERSON UNIVERSITY

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In South Carolina

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

89% of spending goes to programs.

Program 89%Management 9%Fundraising 1%

Governance

23
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Public support

70%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 51 states

AK
ME
VT
NH
WA
ID
MT
ND
MN
IL
WI
MI
NY
MA
OR
NV
WY
SD
IA
IN
OH
PA
NJ
CT
RI
CA
UT
CO
NE
MO
KY
WV
VA
MD
DE
AZ
NM
KS
AR
TN
NC
SC
DC
HI
OK
LA
MS
AL
GA
TX
FL

Part of a family of 14 related entities

  • South Carolina Baptist Convention · exempt
  • The Baptist Foundation of South Carolina · exempt
  • Anderson University Foundation · exempt
  • Baptist Foundation- Anderson University Endowment 10154000 · corp_trust
  • Baptist Foundation- Francis Marion Warden Scholarship Trust · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for ANDERSON UNIVERSITY: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds ANDERSON UNIVERSITY?
ANDERSON UNIVERSITY (South Carolina) receives grants from 102 organizations whose IRS filings report $8,968,930 to it, the largest being LILLY ENDOWMENT INC ($1,100,000). 64 of them have funded it in more than one year.
How many funders does ANDERSON UNIVERSITY have?
IRS filings report 102 organizations giving $8,968,930 in grants to ANDERSON UNIVERSITY, 64 of which have funded it in more than one year.
Who is the largest funder of ANDERSON UNIVERSITY?
LILLY ENDOWMENT INC is the largest funder on record, with $1,100,000 in grants. The full list of funders is on this page.
How can an organization like ANDERSON UNIVERSITY find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in South Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Anderson University →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 102 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing