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Ohio · Nonprofit

MALONE UNIVERSITY

MALONE UNIVERSITY (Ohio) receives grants from 94 organizations whose IRS filings report $7,578,112 to it, the largest being TIMKEN FOUNDATION OF CANTON ($1,200,000). 55 of them have funded it in more than one year.

Revenue FY2025
$45M
Funders on record
94
Grants received
$7.6M
Net assets
$49M
55/94 repeat funderspeak grant-dependency 4%
01What it does

What Malone University does

Mission

The mission of Malone University is to provide students with an education based on biblical faith in order to develop men and women in intellectual maturity, wisdom, and christian faith who are committed to serving the church, community, and the world.

As stated on its FY2025 Form 990.

Programs

  1. Traditional undergraduate - malone's christian liberal arts approach is widely recognized today as producing exceptional graduates prepared for all aspects of life. Our intent is that students attain the wisdom, knowledge, and skills necessary to serve, engage, and transform the communities in which they live and work. Undergraduate educational goals are: (1) understand and critically engage those bodies of knowledge and cultural influences that have shaped the world; (2) understand the biblical, historical, and theological foundations of the christian faith; (3) think critically and creatively and communicate effectively in multiple contexts; (4) attain expertise in at least one profession or academic discipline and lay the foundation for meaningful work or further studies at the graduate level; and (5) explore the implication of the christian faith for all areas of living, including intellectual, spiritual, and community pursuits. The university is comprised of four divisions and one center: the center for intercultural studies. Offering 50 undergraduate majors, 43 minors, and 11 pre-professional programs. Fall 2024 traditional undergraduate fte enrollment was 800.4, with a…

    $32,961,374 spentof which $17,657,625 as grants$33,846,939 earned by the program
    86% of program spending
  2. Graduate studies - Malone University has developed graduate programs and workshops to meet the needs of professionals desiring to advance their knowledge and skills in a faith-based environment. The following areas of study are offered: business administration (mba), school counseling (maed), nursing (msn), and clinical mental health counseling (maed). Fall 2024 graduate fte enrollment was 211.2; headcount was 263. In addition, Malone University offers options for education and business professional development through workshops and certificate programs.

    $4,475,996 spentof which $250,174 as grants$3,330,945 earned by the program
    12% of program spending
  3. Non-traditional undergraduate: Malone University offers a degree completion option to adult learners with prior undergraduate coursework: mgmt (malone management program). Students can complete their degrees in as little as 12 months. The accelerated bachelors in organizational management prepares for active leadership roles in corporate, government and non-profit environments. Fall 2024 mgmt fte enrollment was 10.7; headcount was 16. Malone University offers a non degree 18 month certificate program in practical ministry for those who wish to be equipped for practical and relevant ministry. Fall 2024 headcount was 11.

    $772,010 spentof which $16,825 as grants$55,557 earned by the program
    2% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $38,209,380.

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 ($49M) Expenses 100 ($51M) Net assets 100 ($47M)2018 Revenue 106 ($52M) Expenses 100 ($51M) Net assets 102 ($48M)2019 Revenue 100 ($49M) Expenses 102 ($52M) Net assets 96 ($46M)2020 Revenue 92 ($45M) Expenses 92 ($47M) Net assets 91 ($43M)2021 Revenue 92 ($45M) Expenses 85 ($43M) Net assets 105 ($49M)2022 Revenue 88 ($43M) Expenses 87 ($44M) Net assets 95 ($45M)2023 Revenue 92 ($45M) Expenses 86 ($44M) Net assets 99 ($47M)2024 Revenue 88 ($43M) Expenses 86 ($44M) Net assets 102 ($48M)2025 Revenue 93 ($45M) Expenses 89 ($45M) Net assets 104 ($49M)
'17'18'19'20'21'22'23'24'25
Revenue (93)Expenses (89)Net assets (104)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 $69M to $64M (−6%).

$66M
$69M
$68M
$68M
$69M
$64M
$65M
$67M
$69M
'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 1% · 2018 0% · 2019 1% · 2020 1% · 2021 10% · 2022 8% · 2023 11% · 2024 1% · 2025 2%. Grants only. Government contracts and fees sit inside program revenue.

13% of MALONE UNIVERSITY’s revenue is contributions — about as donation-reliant as the typical peer (23% for the typical peer).

This organization
Typical peer · 4,251 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 9 reported years ran a deficit.

−$2.1M
’17
$1.3M
’18
−$3.1M
’19
−$1.9M
’20
$1.7M
’21
−$1.2M
’22
$1.0M
’23
−$836k
’24
$202k
’25
1.3
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.

Board chair

Shari Hansen

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed333834333338363636
Joined·+12+9+4+4+12+8+7+4
No longer listed·7135471074
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 20 funders to 40 funders, grant income rose $248k → $1.6M.

14 of 94 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 22% 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 MALONE UNIVERSITY’s funders (the co-funder graph). Top 30 of 94 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

MALONE UNIVERSITY has a broad base — no single funder exceeds 16% of grant income, and it takes 5 funders to reach half.

the vertical line marks half of all grant income — 5 funders to its left

42% 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 MALONE UNIVERSITY.

16%
largest funder
36%
top three
~14
effective funders

Largest funder’s share by year: 2017 26% · 2018 80% · 2019 20% · 2020 24% · 2021 27% · 2022 31% · 2023 24% — diversifying over time.

“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

41% of MALONE UNIVERSITY's funders are still giving 3 years after their first grant; 59% 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

90% of MALONE UNIVERSITY's grant income comes from Ohio funders.

MN
MI
NY
IN
OH
PA
MO
VA
AZ
DC
OK
AL
TX
FL

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

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

Funder states come from each funder’s own filing. $1.7M arriving through sponsors registered in 10 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

MALONE UNIVERSITY's funding base is broadening — from 20 funders to 40 as grant income climbed.

Operating margin0% · below the median
Months of reserve1.3mo · bottom quartile
Revenue growth (annualized)−1% · bottom quartile

this organization peer median middle 50% of peers· 3,758 education nonprofits $10M–$100M, FY2025

Government funding MALONE UNIVERSITY receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $7.1M on record.

Federal$7.1M
grants $7.1Mcontracts $0
20
21
Top agencies
  • Department of Education$7.1M

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 MALONE 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 Ohio

Nationally

05Profile & governance

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

Where the money goes

85% of spending goes to programs.

Program 85%Management 13%Fundraising 2%

Governance

31
board members
87%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

OH

Part of a family of 1 related entity

  • Malone Nature Preserve LLC · disregarded

Screen this organization

A dated, signed PDF of the compliance screen for MALONE 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 MALONE UNIVERSITY?
MALONE UNIVERSITY (Ohio) receives grants from 94 organizations whose IRS filings report $7,578,112 to it, the largest being TIMKEN FOUNDATION OF CANTON ($1,200,000). 55 of them have funded it in more than one year.
How many funders does MALONE UNIVERSITY have?
IRS filings report 94 organizations giving $7,578,112 in grants to MALONE UNIVERSITY, 55 of which have funded it in more than one year.
Who is the largest funder of MALONE UNIVERSITY?
TIMKEN FOUNDATION OF CANTON is the largest funder on record, with $1,200,000 in grants. The full list of funders is on this page.
How can an organization like MALONE UNIVERSITY find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Ohio. 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 Malone 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 94 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 14, 2026. What this page cannot tell you · view filing