Education (B420) IRS Verified DX Registered 990 on File

CLAFLIN UNIVERSITY

EIN: 57-0314374 · ORANGEBURG, SC 29115-6815 · United States · FY 2024 Data

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

Financial strength (30%) 76/100

Reliability (20%) 55/100

Effectiveness (25%) 78/100

Impact (25%) No data yet

Financial data: FY 2024 · Scored 9/13/2026

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Mission Statement

Claflin University is a comprehensive institution of higher education affiliated with the United Methodist Church. A historically black University founded in 1869, Claflin is committed to providing students with access to exemplary educational opportunities in its undergraduate, graduate and continuing education programs. Claflin is dedicated to providing a student-centered, liberal arts education grounded in cutting-edge research, experiential learning, state-of-the art technology, community service, and life-long personal and professional fulfillment. Claflin is a diverse and inclusive community of students, faculty, staff and administrators who work to cultivate practical wisdom, judgment, knowledge, skills and character needed for globally engaged citizenship and effective leadership.

Financial Overview — FY 2024

$79.0M

Total Revenue

$66.0M

Total Expenses

$139.7M

Net Assets

857

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 65.2%

Fundraising Efficiency 2680.6%

Operating Reserve 25.38x

Liability-to-Asset 19.3%

Revenue Diversification 55.5%

Executive Compensation $2.2M

Compared with Peers

FY 2024

Compared with 1,945 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	65.2%	84.6%	P10P90	Bottom quarter
Admin expense ratio Management and general / total expenses · lower is better	32.1%	13.3%	P10P90	Bottom quarter
Fundraising expense ratio Fundraising expenses / total expenses · lower is better	2.8%	0.7%	P10P90	Below median
Fundraising efficiency Fundraising expenses / gross fundraising income · lower is better	2680.6%	550.2%	P10P90	Bottom quarter
Operating reserve Months of expenses covered by net assets · higher is better	25.4 mo	10.7 mo	P10P90	Top quarter
Liabilities to assets Total liabilities / total assets · lower is better	19.3%	31.2%	P10P90	Above median
Revenue concentration Share of revenue from the largest source · lower is better	55.5%	88.3%	P10P90	Top quarter
Revenue growth Year over year revenue growth	7.2%	7.9%	P10P90
Expense growth Year over year expense growth	-4.5%	7.4%	P10P90
Surplus margin Surplus as a share of revenue	16.5%	3.0%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2024	$79.0M	$66.0M	$139.7M	65.2%	857
2023	$73.8M	$69.1M	$143.7M	59.1%	825
2022	$90.5M	$62.9M	$132.9M	70.3%	799

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Organization Details

EIN: 57-0314374
State: SC
City: ORANGEBURG
ZIP: 29115-6815
Classification: B420
Category: Education
Rating: 3★
Coverage: A
Last Updated: Aug 2026
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.
An organization that is not in good standing with its registry (for example a revoked tax exemption) is shown as Not rated.
"Compared with peers" places the charity's key ratios against organizations of the same country, sector and size.

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