Education (B420) IRS Verified DX Registered 990 on File

CATAWBA COLLEGE

EIN: 56-0530251 · SALISBURY, NC 28144-2441 · United States · FY 2025 Data

3 out of 5 53 / 100 Based on 2+ years of filings

Financial strength (30%) 75/100

Reliability (20%) 55/100

Effectiveness (25%) 78/100

Impact (25%) No data yet

Financial data: FY 2025 · Scored 9/13/2026

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Mission Statement

Catawba College is committed to helping students achieve goals through an education rich in personal attention that blends the knowledge and competencies of liberal studies with career preparation.

Financial Overview — FY 2025

$310.5M

Total Revenue

$95.2M

Total Expenses

$818.5M

Net Assets

765

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 70.3%

Fundraising Efficiency 3578.6%

Operating Reserve 103.20x

Liability-to-Asset 1.8%

Revenue Diversification 82.1%

Executive Compensation $1.7M

Compared with Peers

FY 2025

Compared with 1,677 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	70.3%	84.4%	P10P90	Bottom quarter
Admin expense ratio Management and general / total expenses · lower is better	28.0%	13.6%	P10P90	Bottom quarter
Fundraising expense ratio Fundraising expenses / total expenses · lower is better	1.7%	0.4%	P10P90	Below median
Fundraising efficiency Fundraising expenses / gross fundraising income · lower is better	3578.6%	546.8%	P10P90	Bottom quarter
Operating reserve Months of expenses covered by net assets · higher is better	103.2 mo	10.4 mo	P10P90	Top quarter
Liabilities to assets Total liabilities / total assets · lower is better	1.8%	32.0%	P10P90	Top quarter
Revenue concentration Share of revenue from the largest source · lower is better	82.1%	88.4%	P10P90	Above median
Revenue growth Year over year revenue growth	159.1%	5.5%	P10P90
Expense growth Year over year expense growth	21.2%	5.6%	P10P90
Surplus margin Surplus as a share of revenue	69.3%	3.1%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2025	$310.5M	$95.2M	$818.5M	70.3%	765
2024	$119.8M	$78.5M	$545.3M	70.5%	738
2023	$98.7M	$67.9M	$432.0M	71.0%	686
2022	$275.8M	$61.5M	N/A	—	677

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Organization Details

EIN: 56-0530251
State: NC
City: SALISBURY
ZIP: 28144-2441
Classification: B420
Category: Education
Rating: 3★
Coverage: A
Last Updated: Aug 2026
IRS Ruling Year
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

★★★★★ 80–100 ★★★★☆ 60–79 ★★★☆☆ 40–59 ★★☆☆☆ 20–39 ★☆☆☆☆ 1–19

A pillar with no data counts as zero. Without impact metrics the score is capped at 59 (three stars): only the charity can supply that data.
The coverage grade (A to D) says how much filing data the score rests on; NONE means there is not enough to rate.
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"Compared with peers" places the charity's key ratios against organizations of the same country, sector and size.

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