Education
(B420)
IRS Verified
DX Registered
990 on File
SALEM ACADEMY & COLLEGE
Financial strength (30%)
89/100
Reliability (20%)
55/100
Effectiveness (25%)
78/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
Salem College, a liberal arts college for women, values its students as individuals, develops their unique potential, and prepares them to change the world.
Financial Overview — FY 2025
$33.0M
Total Revenue
$35.7M
Total Expenses
$90.2M
Net Assets
430
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
68.3%
Fundraising Efficiency
N/A
Operating Reserve
30.31x
Liability-to-Asset
20.5%
Revenue Diversification
48.1%
Executive Compensation
$1.5M
Compared with Peers
FY 2025
Compared with 1,600 similar organizations
(United States, Education, $10M–$100M in expenses), FY 2025.
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
|
68.3% | 84.4% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
28.2% | 13.6% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
3.5% | 0.5% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
30.3 mo | 10.5 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
20.5% | 32.5% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
48.1% | 88.2% |
P10P90
|
Top quarter |
|
Surplus margin
Surplus as a share of revenue
|
-8.4% | 3.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $33.0M | $35.7M | $90.2M | 68.3% | 430 |
| 2023 | $26.7M | $30.3M | $86.2M | 67.9% | 402 |
| 2022 | $38.1M | $28.0M | $86.3M | 71.6% | 368 |
| 2021 | $29.2M | $24.7M | N/A | — | 439 |
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