Spelman College
350 Spelman Ln SW, Atl, GA · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $174,023,542 | $186,365,679 | $964,084,785 |
| FY2024 | $288,422,165 | $171,469,550 | $927,817,695 |
| FY2023 | $194,372,216 | $160,810,189 | $798,882,652 |
| FY2022 | $204,393,744 | $145,583,655 | $749,310,686 |
| FY2021 | $182,970,731 | $117,097,563 | $777,623,877 |
| FY2020 | $194,986,172 | $123,089,218 | $589,388,129 |
| FY2019 | $136,754,272 | $118,980,032 | $540,728,829 |
| FY2018 | $168,157,416 | $119,244,779 | $526,545,540 |
| FY2017 | $119,004,095 | $113,859,315 | $469,228,640 |
| FY2016 | $117,077,988 | $113,446,305 | $447,623,674 |
| FY2015 | $137,519,279 | $111,492,523 | $459,224,387 |
| FY2014 | $127,021,562 | $102,546,611 | $464,065,177 |
| FY2013 | $123,964,406 | $103,414,782 | $413,201,585 |
| FY2012 | $118,606,685 | $102,086,586 | $390,089,797 |
Form 990 filings
The returns filed by Spelman College (EIN 58-0566243), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $43,952,012 | 25% |
| Program service revenue | $116,111,007 | 67% |
| Other revenue | $13,960,523 | 8% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $145,538,526 | 78% |
| Management & general | $32,760,607 | 18% |
| Fundraising | $8,066,546 | 4% |
What the numbers show
- Program service revenue made up 67% of total revenue in FY2025.
- Program services accounted for 78% of functional expenses, management & general 18%, and fundraising 4%.
- 78% of functional expenses went to program services in FY2025. That is higher than 19.8% of 131 Education organizations in GA.
- Net assets covered about 62.1 months of expenses at the end of the reporting year. That puts it in the 88th percentile among 1588 Education organizations in GA.
- Total revenue was higher than 99.2% of 1637 Education organizations in GA.
- Total revenue rose from $118,606,685 in FY2012 to $174,023,542 in FY2025. Revenue increased in 8 and decreased in 5 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 1 of 14 reported years (FY2025).
- The highest revenue on record here is $288,422,165 in FY2024.
- Net assets grew from $390,089,797 to $964,084,785 between FY2012 and FY2025.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (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
SPELMAN COLLEGE, A HISTORICALLY BLACK COLLEGE AND GLOBAL LEADER IN THE EDUCATION OF WOMEN OF AFRICAN DESCENT, IS DEDICATED TO THE ACADEMIC EXCELLENCE OF ITS STUDENTS.
IRS status
| Ruling year | 1942 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | B420 — Education (in GA) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
Similar organizations
- Morehouse College — Atlanta, GA · $179,340,590
- Georgia State University Research Foundation Inc — Atlanta, GA · $154,074,254
- Georgia Tech Athletic Association — Atlanta, GA · $200,155,242
- Robert W Woodruff Health Sciences Center Fund Inc — Atlanta, GA · $147,536,895
- Berry College Inc — Mount Berry, GA · $202,111,952
- KIPP Metro Atlanta Collaborative Inc — Atlanta, GA · $144,153,390
- Woodward Academy Inc — College Park, GA · $142,506,393
- Cognia Inc — Alpharetta, GA · $140,431,798
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 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.
Think something here is wrong or should be removed? Use the contact form — we act on removal requests within 30 days.