Charity Search / ALMA COLLEGE
Education (B420) IRS Verified DX Registered 990 on File

ALMA COLLEGE

EIN: 38-1359083 · ALMA, MI 48801-1504 · United States · FY 2023 Data
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Mission Statement

Alma College’s mission is to prepare graduates who think critically, serve generously, lead purposefully, and live responsibly as stewards of the world they bequeath to future generations.

Financial Overview — FY 2023
$87.0M
Total Revenue
$92.2M
Total Expenses
$187.7M
Net Assets
1026
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 83.1%
Fundraising Efficiency N/A
Operating Reserve 24.42x
Liability-to-Asset 26.8%
Revenue Diversification 81.0%
Executive Compensation $1.8M
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $87.0M $92.2M $187.7M 83.1% 1026
2022 $90.8M $90.2M $181.4M 89.2% 1060
2021 $86.9M $85.6M N/A 1133
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Organization Details
EIN
38-1359083
State
MI
City
ALMA
ZIP
48801-1504
Classification
B420
Category
Education
Rating
58★
Last Updated
Aug 2026
IRS Ruling Year
2015
Foundation Code
13
Form 990
On File
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