Skip to content

Iowa · Nonprofit

WARTBURG COLLEGE

WARTBURG COLLEGE (Iowa) receives grants from 126 organizations whose IRS filings report $21,359,235 to it, the largest being GS DONOR ADVISED PHILANTHROPY FUND FOR WEALTH MANAGEMENT INC ($6,561,210). 73 of them have funded it in more than one year.

Revenue FY2025
$77M
Funders on record
126
Grants received
$21M
Net assets
$169M
73/126 repeat funderspeak grant-dependency 4%
01What it does

What Wartburg College does

Mission

Wartburg College is dedicated to challenging and nurturing students for lives of leadership and service as a spirited expression of their faith and learning.

As stated on its FY2025 Form 990.

Programs

  1. Instruction of students enrolled and the related academic support; 1,450 and 1,340 full-time equivalent students enrolled for fall 2024 and winter 2025 terms, respectively.

    $31,459,001 spentof which $16,294,592 as grants$37,789,124 earned by the program
    55% of program spending
  2. Auxiliary services support and enhance student life by providing quality living and dining options as well as providing a campus store on campus and online; there were 1,193 and 1,120 students living on campus for the fall 2024 and winter 2025 terms, respectively.

    $9,282,605 spent$16,747,536 earned by the program
    16% of program spending
  3. College-sponsored youth camps, student organization fundraising initatives, print center services, and all other programs in support of the college's mission.

    $16,456,326 spent$2,471,190 earned by the program
    29% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $57,197,932.

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 ($81M) Expenses 100 ($81M) Net assets 100 ($116M)2018 Revenue 105 ($84M) Expenses 104 ($84M) Net assets 102 ($118M)2019 Revenue 114 ($92M) Expenses 106 ($86M) Net assets 104 ($121M)2020 Revenue 119 ($96M) Expenses 109 ($88M) Net assets 110 ($128M)2021 Revenue 150 ($120M) Expenses 114 ($92M) Net assets 135 ($157M)2022 Revenue 126 ($101M) Expenses 117 ($95M) Net assets 134 ($155M)2023 Revenue 115 ($93M) Expenses 122 ($99M) Net assets 126 ($146M)2024 Revenue 135 ($109M) Expenses 131 ($106M) Net assets 138 ($160M)2025 Revenue 96 ($77M) Expenses 91 ($74M) Net assets 146 ($169M)
'17'18'19'20'21'22'23'24'25
Revenue (96)Expenses (91)Net assets (146)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 $216M to $250M (+16%).

$210M
$211M
$211M
$216M
$250M
$248M
$234M
$243M
$250M
'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 1% · 2021 4% · 2022 1% · 2023 0% · 2024 0% · 2025 4%. Grants only. Government contracts and fees sit inside program revenue.

17% of WARTBURG COLLEGE’s revenue is contributions — about as donation-reliant as the typical peer (23% for the typical peer).

This organization
Typical peer · 4,254 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.

−$535k
’17
$440k
’18
$5.4M
’19
$7.9M
’20
$28M
’21
$6.2M
’22
−$6.7M
’23
$2.4M
’24
$3.2M
’25
2.6
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

Mike Mccoy

Regent, chairman - board

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed423936363637363639
Joined·+5+1+3+5+9+6+5+7
No longer listed·84358754
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 25 funders to 53 funders, grant income rose $722k → $2.4M.

26 of 126 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 46% 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 WARTBURG COLLEGE’s funders (the co-funder graph). Top 30 of 126 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

WARTBURG COLLEGE has a broad base — no single funder exceeds 31% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

50% 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 WARTBURG COLLEGE.

31%
largest funder
57%
top three
~7
effective funders

Largest funder’s share by year: 2017 42% · 2018 36% · 2019 45% · 2020 57% · 2021 42% · 2022 67% · 2023 66% — 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

41% of WARTBURG COLLEGE's funders are still giving 3 years after their first grant; 58% 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

WARTBURG COLLEGE draws 70% of its grant income from funders outside Iowa, across 22 states in all.

WA
MT
ND
MN
IL
WI
NY
OR
IA
IN
PA
NJ
CO
NE
MO
DE
KS
TN
NC
DC
TX
FL

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

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

Funder states come from each funder’s own filing. $9.9M arriving through sponsors registered in 17 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

WARTBURG COLLEGE's funding base is broadening — from 25 funders to 53 as grant income climbed.

Operating margin4% · below the median
Months of reserve2.6mo · below the median
Revenue growth (annualized)−1% · bottom quartile

this organization peer median middle 50% of peers· 3,794 education nonprofits $10M–$100M, FY2025

Government funding WARTBURG COLLEGE receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $6.7M on record — $6.7M federal, $19k state.

Federal$6.7M
grants $6.7Mcontracts $0
17
18
20
21
Top agencies
  • Department of Education$6.5M
  • National Endowment for the Humanities$171k
State$19k
11
12
13
Top programs
  • FEDERAL$19k

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 WARTBURG 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 Iowa

Nationally

05Profile & governance

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

Where the money goes

77% of spending goes to programs.

Program 77%Management 20%Fundraising 2%

Governance

30
board members
90%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Footprint & structure

Part of a family of 1 related entity

  • Knights Enterprises LLC · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for WARTBURG 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 WARTBURG COLLEGE?
WARTBURG COLLEGE (Iowa) receives grants from 126 organizations whose IRS filings report $21,359,235 to it, the largest being GS DONOR ADVISED PHILANTHROPY FUND FOR WEALTH MANAGEMENT INC ($6,561,210). 73 of them have funded it in more than one year.
How many funders does WARTBURG COLLEGE have?
IRS filings report 126 organizations giving $21,359,235 in grants to WARTBURG COLLEGE, 73 of which have funded it in more than one year.
Who is the largest funder of WARTBURG COLLEGE?
GS DONOR ADVISED PHILANTHROPY FUND FOR WEALTH MANAGEMENT INC is the largest funder on record, with $6,561,210 in grants. The full list of funders is on this page.
How can an organization like WARTBURG COLLEGE find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Iowa. 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 Wartburg 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 126 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