Public Charity

FERRUM COLLEGE

Based in FERRUM, VA, FERRUM COLLEGE operates as a Public Charity. The organization reported $40.0M in revenue, $41.4M in expenses, $127.5M in total assets for fiscal year 2025. Imperigo tracks 53 reported grant relationships connected to this organization totaling approximately $8.0M.

EIN: 540506457 FERRUM, VA Undergraduate Colleges NTEE: B42 Latest filing: 2025
Total Revenue$40.0M
Total Expenses$41.4M
Total Assets$127.5M
Grant Records53
Funding Total$8.0M
Filing Years2021–2025

Mission

OUR STUDENTS ENTER WITH PROMISE AND LEAVE WITH PURPOSE. WE FOSTER PERSONAL GROWTH, ACADEMIC EXCELLENCE, CAREER-READY SKILLS, AND A COMPASSION FOR SERVICE GROUNDED IN FAITH. WE EMPOWER INDIVIDUALS TO LEAD PURPOSEFUL LIVES, GUIDED BY FERRUM COLLEGE VALUES AND A COMMITMENT TO IMPACT THEIR COMMUNITIES AND THE WORLD.

Where $100 goes at Ferrum College

How Ferrum College divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$88 Programs the work itself
$11 Management running the organization
$1 Fundraising raising the next dollar

Inside the $88 for programs

$49
Instruction
56% of program spending
$18
Auxiliaries
20% of program spending
$17
Student services
19% of program spending

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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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

SECRETARY Amanda Cox
TRUSTEE Annita P Nelson
TRUSTEE Baxter F Phillips Jr
TRUSTEE Bishop Sue Haupert-Johnson
TRUSTEE Clyde Holland Perdue Iii
TRUSTEE David Arrington

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$4,614,225 23 grants
Education
$1,921,120 21 grants
Unspecified
$1,453,973 9 grants

Financial Trends

Year Revenue Expenses Assets
2025 $40.0M $41.4M $127.5M
2024 $43.2M $47.7M $124.5M
2023 $43.5M $48.4M $126.4M
2022 $48.9M $51.6M $126.7M
2021 $55.1M $50.7M $138.5M

Between 2021 and 2025, reported annual revenue declined from $55.1M to $40.0M (-27%), with total assets most recently reported at $127.5M.

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

See the full picture for FERRUM COLLEGE

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