Education (B43) IRS Verified DX Registered 990 on File

GARDNER-WEBB UNIVERSITY

EIN: 56-0529972 · BOILING SPGS, NC 28017-0997 · United States · FY 2023 Data

3 out of 5 57 / 100 Based on 2+ years of filings

Financial strength (30%) 81/100

Reliability (20%) 55/100

Effectiveness (25%) 88/100

Impact (25%) No data yet

Financial data: FY 2023 · Scored 9/13/2026

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Mission Statement

At Gardner-Webb University, our mission is to prepare graduates for leadership and service in their careers and lives—values that are embodied daily by our baseball program. Through rigorous academics and transformative experiential learning, we shape students into thinkers, doers, and world-changers. Nowhere is this more evident than on the diamond, where Gardner-Webb Baseball lives out a powerful mantra: selfless, relentless, blue collar. In a supportive and diverse Christian community, our student-athletes develop grit, humility, and an unshakable work ethic. They play not for recognition, but for each other. They compete with relentless drive, never backing down. They carry themselves with a blue-collar spirit that reflects the heart of this University—tough, grounded, and faithful. Together, the mission of Gardner-Webb and the values of its baseball program inspire graduates who lead with integrity, serve with purpose, and compete with passion—ready to make a lasting difference in the world.

Financial Overview — FY 2023

$97.3M

Total Revenue

$99.3M

Total Expenses

$126.0M

Net Assets

1433

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 87.1%

Fundraising Efficiency N/A

Operating Reserve 15.23x

Liability-to-Asset 18.3%

Revenue Diversification 89.0%

Executive Compensation $590K

Compared with Peers

FY 2023

Compared with 3,578 similar organizations (United States, Education, $10M–$100M in expenses), FY 2023.

This organization Middle half of peers (P25–P75) Peer median

Ratio	This org	Peer median	Position (P10 → P90)
Program expense ratio Program expenses / total expenses · higher is better	87.1%	84.4%	P10P90	Above median
Admin expense ratio Management and general / total expenses · lower is better	11.8%	13.5%	P10P90	Above median
Fundraising expense ratio Fundraising expenses / total expenses · lower is better	1.1%	0.7%	P10P90	Below median
Operating reserve Months of expenses covered by net assets · higher is better	15.2 mo	10.9 mo	P10P90	Above median
Liabilities to assets Total liabilities / total assets · lower is better	18.3%	34.2%	P10P90	Above median
Revenue concentration Share of revenue from the largest source · lower is better	89.0%	87.3%	P10P90	Below median
Revenue growth Year over year revenue growth	-5.6%	4.8%	P10P90
Expense growth Year over year expense growth	0.5%	8.5%	P10P90
Surplus margin Surplus as a share of revenue	-2.0%	2.7%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2023	$97.3M	$99.3M	$126.0M	87.1%	1433
2022	$103.1M	$98.8M	$122.9M	87.7%	1487

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Organization Details

EIN: 56-0529972
State: NC
City: BOILING SPGS
ZIP: 28017-0997
Classification: B43
Category: Education
Rating: 3★
Coverage: A
Last Updated: Aug 2026
IRS Ruling Year: 1905
Foundation Code: 11
Form 990: On File

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

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