Public Charity

AVERETT UNIVERSITY

Based in DANVILLE, VA, AVERETT UNIVERSITY operates as a Public Charity. The organization reported $59.6M in revenue, $58.2M in expenses, $68.7M in total assets for fiscal year 2025. Imperigo tracks 89 reported grant relationships connected to this organization totaling approximately $5.5M.

EIN: 540129860 DANVILLE, VA Universities NTEE: B43 Latest filing: 2025
Total Revenue$59.6M
Total Expenses$58.2M
Total Assets$68.7M
Grant Records89
Funding Total$5.5M
Filing Years2021–2025

Mission

AVERETT UNIVERSITY PREPARES STUDENTS TO SERVE AND LEAD AS CATALYSTS FOR POSITIVE CHANGE. AVERETT FULFILLS THIS MISSION BY EDUCATING STUDENTS FROM DIVERSE BACKGROUNDS, CULTURES AND NATIONS THROUGH LIBERAL ARTS-BASED UNDERGRADUATE AND GRADUATE PROGRAMS IN A PERSONAL, COLLEGIAL, INTERDISCIPLINARY ENVIRONMENT.

Where $100 goes at Averett University

How Averett University divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$87 Programs the work itself
$12 Management running the organization
$1 Fundraising raising the next dollar

Inside the $87 for programs

$87
Averett provides instruction to approximately 1,200 students leading to undergraduate and graduate degrees through its traditional and professional studies programs
All program spending · Reported in the filing: 1,200 students
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

TRUSTEE Brandon Potter
TRUSTEE Brenda Bowman
TRUSTEE Christopher E West
INTERIM CFO - CONSULTANT Deborah Hall
TRUSTEE Deborah W Upton
FORMER CFO Don Aungst

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education
$1,976,951 27 grants
General Support
$1,964,160 47 grants
Fundraising & Sponsorship
$65,089 4 grants
Unspecified
$1,454,537 10 grants

Financial Trends

Year Revenue Expenses Assets
2025 $59.6M $58.2M $68.7M
2024 $54.3M $63.6M $68.8M
2023 $54.7M $60.1M $78.6M
2022 $52.5M $58.9M $74.5M
2021 $53.3M $52.3M $81.2M

Between 2021 and 2025, reported annual revenue grew from $53.3M to $59.6M (+12%), with total assets most recently reported at $68.7M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for AVERETT UNIVERSITY

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