MCPHERSON COLLEGE
PO BOX 1402, MCPHERSON, KS · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $67,427,262 | $48,485,421 | $787,519,748 |
| FY2024 | $63,455,399 | $43,902,901 | $769,363,576 |
| FY2023 | $690,642,604 | $43,945,126 | $745,217,985 |
| FY2022 | $65,375,899 | $39,460,583 | $95,792,816 |
| FY2021 | $41,526,128 | $35,372,459 | $74,884,619 |
| FY2020 | $37,649,391 | $33,823,393 | $62,171,854 |
| FY2019 | $30,592,450 | $31,711,157 | $59,512,233 |
| FY2018 | $30,151,415 | $29,065,567 | $60,100,210 |
| FY2017 | $29,433,480 | $27,919,104 | $58,646,884 |
| FY2016 | $21,464,219 | $26,090,827 | $56,302,644 |
| FY2015 | $23,093,806 | $24,150,621 | $47,753,101 |
| FY2014 | $22,448,685 | $24,344,873 | $49,422,869 |
| FY2013 | $23,326,420 | $23,033,164 | $47,230,335 |
| FY2012 | $21,024,821 | $21,356,366 | $44,540,910 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $22,288,020 | 36% |
| Program service revenue | $38,807,372 | 64% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $41,441,213 | 85% |
| Management & general | $5,337,350 | 11% |
| Fundraising | $1,706,858 | 4% |
What the numbers show
- Program service revenue made up 64% of total revenue in FY2025.
- Program services accounted for 85% of functional expenses, management & general 11%, and fundraising 4%.
- 85% of functional expenses went to program services in FY2025. That is higher than 47.2% of 36 Education organizations in KS.
- Net assets covered about 194.9 months of expenses at the end of the reporting year. That puts it in the 89th percentile among 522 Education organizations in KS.
- Total revenue was higher than 99.2% of 527 Education organizations in KS.
- Total revenue rose from $21,024,821 in FY2012 to $67,427,262 in FY2025, Revenue increased in 10 and decreased in 3 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 5 of 14 reported years (FY2012, FY2014, FY2015, FY2016, FY2019).
- The highest revenue on record here is $690,642,604 in FY2023.
- Net assets grew from $44,540,910 to $787,519,748 between FY2012 and FY2025.
- Contributions and grants made up 17% of revenue in FY2012 and 33% in FY2025.
- Donations are generally tax-deductible (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
TO DEVELOP WHOLE PERSONS THROUGH SCHOLARSHIP, PARTICIPATION AND SERVICE. MCPHERSON COLLEGE IS A VIBRANT COMMUNITY OF PERSONS FROM DIVERSE FAITHS AND CULTURAL BACKGROUNDS. THE COLLEGE PROVIDES EDUCATION IN OVER 30 AREAS OF STUDY, SERVING APPROXIMATELY 781 STUDENTS.
IRS status
| Ruling year | 1935 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | B420 — Education |
| Donations | Donations are generally tax-deductible (public charity). |
Similar organizations
- KANSAS STATE UNIVERSITY FOUNDATION — MANHATTAN, KS · $233,578,614
- KANSAS UNIVERSITY ENDOWMENT ASSOC — LAWRENCE, KS · $374,659,632
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded September 20, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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