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 50 reported grant relationships connected to this organization totaling approximately $7.1M.

EIN: 540506457 FERRUM, VA Latest filing: 2025
Total Revenue$40.0M
Total Expenses$41.4M
Total Assets$127.5M
Grant Records50
Funding Total$7.1M
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.

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 OPERATING
$3,382,879 5 grants
Unspecified
$1,346,010 6 grants
For general scholarship support.
$1,257,880 5 grants
EDUCATION
$307,550 8 grants
FOR RECIPIENT'S EXEMPT PURPOSE
$272,500 2 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.

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