BEREA COLLEGE
CPO 2214, BEREA, KY · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $212,253,438 | $129,898,158 | $2,176,507,261 |
| FY2024 | $139,250,388 | $121,442,033 | $2,000,898,104 |
| FY2023 | $157,457,303 | $134,094,613 | $1,866,842,390 |
| FY2022 | $243,070,272 | $155,512,051 | $1,751,559,115 |
| FY2021 | $183,290,342 | $140,537,796 | $1,916,227,227 |
| FY2020 | $205,202,087 | $142,734,145 | $1,566,845,425 |
| FY2019 | $250,780,527 | $132,494,271 | $1,544,129,385 |
| FY2018 | $167,524,220 | $121,608,736 | $1,486,572,661 |
| FY2017 | $141,769,096 | $108,383,209 | $1,464,141,989 |
| FY2016 | $170,944,518 | $106,289,098 | $1,335,144,814 |
| FY2015 | $181,880,291 | $101,260,450 | $1,349,307,095 |
| FY2014 | $183,011,099 | $96,336,769 | $1,370,259,459 |
| FY2013 | $93,509,320 | $97,735,265 | $1,216,971,605 |
| FY2012 | $120,983,107 | $83,753,502 | $1,128,847,631 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $47,964,636 | 66% |
| Program service revenue | $24,357,270 | 34% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $99,864,778 | 77% |
| Management & general | $22,292,905 | 17% |
| Fundraising | $7,740,475 | 6% |
What the numbers show
- Contributions & grants made up 66% of total revenue in FY2025.
- Program services accounted for 77% of functional expenses, management & general 17%, and fundraising 6%.
- 77% of functional expenses went to program services in FY2025. That is higher than 13.6% of 44 Education organizations in KY.
- Net assets covered about 201.1 months of expenses at the end of the reporting year. That puts it in the 91st percentile among 630 Education organizations in KY.
- Total revenue was higher than 99.7% of 643 Education organizations in KY.
- Total revenue rose from $120,983,107 in FY2012 to $212,253,438 in FY2025, Revenue increased in 5 and decreased in 8 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 1 of 14 reported years (FY2013).
- The highest revenue on record here is $250,780,527 in FY2019.
- Net assets grew from $1,128,847,631 to $2,176,507,261 between FY2012 and FY2025.
- Contributions and grants made up 34% of revenue in FY2012 and 23% 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
POST-SECONDARY EDUCATIONAL INSTITUTION PROVIDING INSTRUCTION AND OTHER SERVICES TO STUDENTS.
IRS status
| Ruling year | 1953 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | B420 — Education |
| Donations | Donations are generally tax-deductible (public charity). |
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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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