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Indiana · Nonprofit

SAINT MARY-OF-THE-WOODS COLLEGE

SAINT MARY-OF-THE-WOODS COLLEGE (Indiana) receives grants from 57 organizations whose IRS filings report $9,061,364 to it, the largest being LILLY ENDOWMENT INC ($5,696,364). 31 of them have funded it in more than one year.

Revenue FY2025
$40M
Funders on record
57
Grants received
$9.1M
Net assets
$5.9M
31/57 repeat funderspeak grant-dependency 10%
01What it does

What Saint Mary-Of-The-Woods College does

Mission

Saint Mary-Of-The-Woods College embodies a spirit of student-centered academic innovation, faith and leadership to transform ourselves, our communities and our world. (continued on schedule o)Saint Mary-Of-The-Woods College challenges students to think critically, become leaders and effect change through knowledge and virtue rooted in our catholic foundation.

As stated on its FY2025 Form 990.

Program

  1. Saint Mary-of-the-Woods College (SMWC) serves three undergraduate populations: (1) traditional college-age women and men living on campus; (2) adult and traditional college-age women and men who study in the on campus program and commute to campus; (3) adult women and men in the Woods Online Program. The Woods Online program is offered completely online through a course management system that utilizes faculty-led instruction, collaboration, and synergy among peers in rich multi-media. Courses are offered in 8 or 16-week formats. The 8-week courses are offered in an accelerated format. SMWC also offers Master of Arts in Art Therapy, Master of Arts in Music Therapy, Master of Education and Master of Leadership Development programs. All other master programs (MBA and MHA) are sequenced sets of courses offered to women and men in a hybrid delivery through a combination of distance learning and brief campus residencies. Finally, there are two principal groups of non-matriculating students. They include undergraduate exchange students and students pursuing professional certification in post-baccalaureate programs (teacher licensure, paralegal, and music therapy programs).

    $33,502,828 spentof which $12,447,752 as grants$32,124,251 earned by the program
    100% of program spending

The program described on its FY2023 Form 990. Program spending in total: $33,502,828.

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 ($24M) Expenses 100 ($25M) Net assets 100 ($12M)2018 Revenue 98 ($24M) Expenses 101 ($25M) Net assets 82 ($9.6M)2019 Revenue 117 ($28M) Expenses 109 ($27M) Net assets 81 ($9.4M)2020 Revenue 125 ($30M) Expenses 118 ($29M) Net assets 84 ($9.8M)2021 Revenue 144 ($35M) Expenses 122 ($30M) Net assets 120 ($14M)2022 Revenue 139 ($34M) Expenses 142 ($35M) Net assets 99 ($12M)2023 Revenue 147 ($35M) Expenses 158 ($39M) Net assets 58 ($6.7M)2024 Revenue 168 ($41M) Expenses 165 ($41M) Net assets 51 ($5.9M)2025 Revenue 165 ($40M) Expenses 163 ($40M) Net assets 50 ($5.9M)
'17'18'19'20'21'22'23'24'25
Revenue (165)Expenses (163)Net assets (50)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 2020 to 2021, from $29M to $62M (+113%).

$27M
$25M
$27M
$29M
$62M
$52M
$49M
$48M
$47M
'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 2% · 2018 1% · 2019 1% · 2020 2% · 2021 8% · 2022 3% · 2024 3% · 2025 3%. Grants only. Government contracts and fees sit inside program revenue.

16% of SAINT MARY-OF-THE-WOODS COLLEGE’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.

−$469k
’17
−$1.1M
’18
$1.3M
’19
$987k
’20
$4.9M
’21
−$1.4M
’22
−$3.5M
’23
$19k
’24
−$197k
’25
0.3
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

Alice Shelton

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed333032323234353231
Joined·+6+6+0+0+13+9+7+1
No longer listed·9400118102
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 8 funders to 21 funders, grant income rose $206k → $935k.

12 of 57 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 6% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $180k from 3 payers (the payer shares this organization's board, largest Union Hospital Foundation Inc). These are real filings, and they are not money SAINT MARY-OF-THE-WOODS COLLEGE raised.

From the IRS filings of SAINT MARY-OF-THE-WOODS COLLEGE’s funders (the co-funder graph). Top 30 of 57 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

SAINT MARY-OF-THE-WOODS COLLEGE leans on a few funders — its largest provides 63% of grant income and the top three 76%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

63%
largest funder
76%
top three
~2
effective funders

Largest funder’s share by year: 2017 74% · 2018 30% · 2019 59% · 2020 86% · 2021 75% · 2022 61% · 2023 64% — 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

43% of SAINT MARY-OF-THE-WOODS COLLEGE's funders are still giving 3 years after their first grant; 54% 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

96% of SAINT MARY-OF-THE-WOODS COLLEGE's grant income comes from Indiana funders.

MT
WI
NY
IN
OH
PA
NJ
CT
CO
MD
AZ
NC
DC
OK
AL
TX
FL

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

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

Funder states come from each funder’s own filing. $540k arriving through sponsors registered in 12 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

SAINT MARY-OF-THE-WOODS COLLEGE's funding base is broadening — from 8 funders to 21 as grant income climbed.

Operating margin−0% · below the median
Months of reserve0.3mo · bottom quartile
Revenue growth (annualized)6% · below the median

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

Government funding SAINT MARY-OF-THE-WOODS COLLEGE receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $5.0M on record.

Federal$5.0M
grants $5.0Mcontracts $0
20
21
23
24
25
Top agencies
  • Department of Education$4.8M
  • Department of Agriculture$149k
  • Department of State$70k

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 SAINT MARY-OF-THE-WOODS COLLEGE

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 Indiana

Nationally

05Profile & governance

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

Where the money goes

83% of spending goes to programs.

Program 83%Management 14%Fundraising 3%

Governance

20
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

80%

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

Footprint & structure

Files a return copy in 1 state

IN

Part of a family of 3 related entities

  • Smwc Real Estate Foundation LLC · disregarded
  • Sisters of Providence · exempt
  • Charitable Remainder Unitrust (1) · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for SAINT MARY-OF-THE-WOODS COLLEGE: 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 SAINT MARY-OF-THE-WOODS COLLEGE?
SAINT MARY-OF-THE-WOODS COLLEGE (Indiana) receives grants from 57 organizations whose IRS filings report $9,061,364 to it, the largest being LILLY ENDOWMENT INC ($5,696,364). 31 of them have funded it in more than one year.
How many funders does SAINT MARY-OF-THE-WOODS COLLEGE have?
IRS filings report 57 organizations giving $9,061,364 in grants to SAINT MARY-OF-THE-WOODS COLLEGE, 31 of which have funded it in more than one year.
Who is the largest funder of SAINT MARY-OF-THE-WOODS COLLEGE?
LILLY ENDOWMENT INC is the largest funder on record, with $5,696,364 in grants. The full list of funders is on this page.
How can an organization like SAINT MARY-OF-THE-WOODS COLLEGE find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Indiana. 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 Saint Mary-Of-The-Woods College →

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 57 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