Charity Search / METHODIST UNIVERSITY INC
Education (B03) IRS Verified DX Registered 990 on File

METHODIST UNIVERSITY INC

EIN: 56-0657294 · FAYETTEVILLE, NC 28311-1420 · United States · FY 2024 Data
3 out of 5 57 / 100 Based on 2+ years of filings
Financial strength (30%) 79/100
Reliability (20%) 50/100
Effectiveness (25%) 93/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Mission Statement

Methodist University, historically supported by the North Carolina Annual Conference of the United Methodist Church, owes its origin and values to the life and teachings of Jesus Christ. The university is committed to an ecumenical spirit, respects diversity, and recognizes the dignity and worth of all human beings. The university's programs are based on the conviction that a liberally educated person is sensitive to the needs and rights of others. Methodist University affirms the importance of intellectual values and ethical principles such as truth, virtue, justice, and love. The university community seeks to develop whole persons who will contribute substantially and creatively to the professions and to civic life. Therefore, Methodist University provides opportunities for spiritual, academic, and social growth, to the end that students may acquire enlightened minds and responsible spirits, as well as a continuing thirst for knowledge. The purpose of Methodist University is to provide an undergraduate and graduate education firmly grounded in the liberal arts tradition that nurtures moral values and ethical decision making; to provide distinctive professional and graduate programs that complement the undergraduate programs; to provide educational and cultural services and resources to the community; and to prepare students for a variety of careers and educational pursuits.

Financial Overview — FY 2024
$81.6M
Total Revenue
$77.3M
Total Expenses
$112.8M
Net Assets
1125
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 88.8%
Fundraising Efficiency 5208.4%
Operating Reserve 17.52x
Liability-to-Asset 21.4%
Revenue Diversification 87.0%
Executive Compensation $2.0M
Compared with Peers
FY 2024
Compared with 1,943 similar organizations (United States, Education, $10M–$100M in expenses), FY 2024.
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
88.8% 84.6%
P10P90
Above median
Admin expense ratio
Management and general / total expenses · lower is better
10.1% 13.3%
P10P90
Above median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
1.1% 0.7%
P10P90
Below median
Fundraising efficiency
Fundraising expenses / gross fundraising income · lower is better
5208.4% 550.2%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
17.5 mo 10.6 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
21.4% 31.2%
P10P90
Above median
Revenue concentration
Share of revenue from the largest source · lower is better
87.0% 88.3%
P10P90
Above median
Revenue growth
Year over year revenue growth
6.7% 7.9%
P10P90
Expense growth
Year over year expense growth
4.2% 7.4%
P10P90
Surplus margin
Surplus as a share of revenue
5.3% 3.0%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $81.6M $77.3M $112.8M 88.8% 1125
2023 $76.5M $74.2M $104.5M 88.8% 1127
2022 $89.5M $74.6M $99.1M 89.9% 1059
2021 $79.7M $68.8M N/A 1034
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Organization Details
EIN
56-0657294
State
NC
City
FAYETTEVILLE
ZIP
28311-1420
Classification
B03
Category
Education
Rating
3★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
1956
Foundation Code
11
Form 990
On File
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