Mississippi · Nonprofit
William Carey University
William Carey University (Mississippi) receives grants from 46 organizations whose IRS filings report $9,011,315 to it, the largest being ASBURY FOUNDATION OF HATTIESBURG INC ($3,925,000). 23 of them have funded it in more than one year.
- Revenue FY2025
- $125M
- Funders on record
- 46
- Grants received
- $9.0M
- Net assets
- $241M
What William Carey University does
Mission
William Carey University provides a quality education challenging students to excel in scholarship, leadership, and service in a caring community rooted in Christian values and its Baptist namesake.
As stated on its FY2025 Form 990.
Programs
Academic programs the university maintains undergraduate and graduate programs at three sites. Enrollment has grown to include an average of over 5,500 students per session. The university designs and operates its programs to encourage each student to develop his/her highest potential in liberal arts and/or professional education.
$65,271,631 spent$97,308,481 earned by the program69% of program spendingStudent aid direct aid to students primarily from institutional funds
$19,828,509 spentof which $19,828,509 as grants21% of program spendingAuxiliary enterprises include dining, housing, and athletics. Auxiliary programs provide housing and dining services for the students who need or want to live on campus. The athletic programs encourage loyalty to the university and a sense of unity among students and faculty. In providing these programs, the university encourages the exercise of student talent, which enhances the learning experiences of the students involved.
$9,786,293 spent$5,702,480 earned by the program10% of program spending
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $94,886,433.
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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2017 to 2018, from $190M to $234M (+23%).
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.
Government-grant reliance: 2017 1% · 2018 1% · 2019 0% · 2020 1% · 2021 6% · 2022 8% · 2023 2% · 2024 7% · 2025 9%. Grants only. Government contracts and fees sit inside program revenue.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.
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.
Chief executive
Benjamin C Burnett
Professor of education; president and chief executive officer
Board chair
William Ray
Chairman bot
As listed on its FY2025 Form 990.
The chief executive listed changed between the FY2021 and FY2022 filings.
Who funds it, year by year
2017 → 2023: the base broadened from 14 funders to 15 funders, grant income fell $1.3M → $319k.
7 of 46 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 3% 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 William Carey University’s funders (the co-funder graph). Top 30 of 46 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
William Carey University leans on a few funders — its largest provides 44% of grant income and the top three 74%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
Largest funder’s share by year: 2017 76% · 2018 75% · 2019 82% · 2020 80% · 2021 82% · 2022 50% · 2023 26% — 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
24% of William Carey University's funders are still giving 3 years after their first grant; 50% give in more than one year at all.
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
76% of William Carey University's grant income comes from Mississippi funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $312k arriving through sponsors registered in 5 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.
Government funding William Carey University receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $19.2M on record.
- Department of Education$17.8M
- Department of Defense$1.2M
- Department of Health and Human Services$169k
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 William Carey 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 Mississippi
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
88% of spending goes to programs.
Governance
Public support
77%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for William Carey 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.
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 William Carey University?
- William Carey University (Mississippi) receives grants from 46 organizations whose IRS filings report $9,011,315 to it, the largest being ASBURY FOUNDATION OF HATTIESBURG INC ($3,925,000). 23 of them have funded it in more than one year.
- How many funders does William Carey University have?
- IRS filings report 46 organizations giving $9,011,315 in grants to William Carey University, 23 of which have funded it in more than one year.
- Who is the largest funder of William Carey University?
- ASBURY FOUNDATION OF HATTIESBURG INC is the largest funder on record, with $3,925,000 in grants. The full list of funders is on this page.
- How can an organization like William Carey University find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Mississippi. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
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 46 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