Education
(B42)
IRS Verified
DX Registered
990 on File
MILES COLLEGE
Financial strength (30%)
85/100
Reliability (20%)
55/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
Miles College is a senior, private, liberal arts Historically Black College with roots in the Christian Methodist Episcopal Church. The College through dedicated faculty cultivates students to seek knowledge that leads to intellectual and civic empowerment. Students are transformed through rigorous study, scholarly inquiry, and spiritual awareness, thereby enabling graduates to become responsible citizens who help shape the global society.
Financial Overview — FY 2023
$34.2M
Total Revenue
$33.8M
Total Expenses
$78.0M
Net Assets
478
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
78.1%
Fundraising Efficiency
N/A
Operating Reserve
27.71x
Liability-to-Asset
20.4%
Revenue Diversification
64.1%
Executive Compensation
$1.5M
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
|
78.1% | 84.4% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
21.3% | 13.5% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.7% | 0.7% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
27.7 mo | 10.9 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
20.4% | 34.2% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
64.1% | 87.3% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-31.0% | 4.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-26.2% | 8.5% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
1.4% | 2.7% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $34.2M | $33.8M | $78.0M | 78.1% | 478 |
| 2022 | $49.6M | $45.7M | $78.2M | 83.9% | 414 |
| 2021 | $42.6M | $35.4M | N/A | — | 481 |
Donor Reviews
Write a ReviewNo reviews yet
Be the first to share your experience with this organization.