Spelman College Special Ventures Fund Inc
Atlanta, GA 30314 · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | -$1,029,217 | $25,299,150 | $268,856,323 |
| FY2024 | $25,262,058 | $52,318,413 | $257,270,997 |
| FY2023 | $19,974,264 | $104,175,821 | $243,264,135 |
| FY2022 | $24,739,812 | $70,150,225 | $277,693,955 |
| FY2021 | $23,449,739 | $81,196,719 | $312,176,237 |
| FY2020 | $26,274,154 | $54,831,633 | $236,364,415 |
| FY2019 | $20,482,379 | $33,412,816 | $247,849,566 |
| FY2018 | $23,484,457 | $32,351,910 | $245,060,628 |
| FY2017 | $16,684,964 | $16,433,161 | $248,406,024 |
| FY2016 | $12,214,386 | $14,617,657 | $249,061,900 |
| FY2015 | $41,189,576 | $19,113,171 | $251,985,748 |
| FY2014 | $21,810,173 | $12,022,265 | $253,763,617 |
| FY2013 | $23,323,239 | $21,899,472 | $214,441,247 |
| FY2012 | $22,618,684 | $9,221,719 | $172,103,901 |
Form 990 filings
The returns filed by Spelman College Special Ventures Fund Inc (EIN 58-1561343), 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 money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $24,037,095 | 95% |
| Management & general | $1,262,055 | 5% |
| Fundraising | $0 | 0% |
What the numbers show
- Program services accounted for 95% of functional expenses, management & general 5%, and fundraising 0%.
- 95% of functional expenses went to program services in FY2025. That is higher than 85.5% of 131 Education organizations in GA.
- Net assets covered about 127.5 months of expenses at the end of the reporting year. That puts it in the 92nd percentile among 1588 Education organizations in GA.
- Total revenue fell from $22,618,684 in FY2012 to -$1,029,217 in FY2025. Revenue increased in 7 and decreased in 6 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 9 of 14 reported years (FY2016, FY2018, FY2019, FY2020, FY2021, FY2022, FY2023, FY2024, FY2025).
- The highest revenue on record here is $41,189,576 in FY2015.
- Net assets grew from $172,103,901 to $268,856,323 between FY2012 and FY2025.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (supporting organization, type unspecified).
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
CHARITABLE AND EDUCATIONAL CORPORATION FOR THE BENEFIT OF SPELMAN COLLEGE.
IRS status
| Ruling year | 1984 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | B110 — Education (in GA) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (supporting organization, type unspecified). |
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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.
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