Mission
THE MISSION OF LEES-MCRAE COLLEGE IS TO HELP STUDENTS BROADEN THEIR HORIZONS, PURSUE CAREERS AND FIND THEIR PLACE IN THE WORLD THROUGH EDUCATION AND SERVICE.
Public Charity
LEES-MCRAE COLLEGE INC
LEES-MCRAE COLLEGE INC is a Public Charity headquartered in BANNER ELK, NC. Financial data from the 2025 filing: $52.3M revenue, $47.5M expenses, $131.3M total assets. 104 publicly reported grants to this organization, totaling roughly $13.9M, appear in IRS filings.
EIN: 560529953
BANNER ELK, NC
Undergraduate Colleges
NTEE: B42
Latest filing: 2025
Total Revenue$52.3M
Total Expenses$47.5M
Total Assets$131.3M
Grant Records104
Funding Total$13.9M
Filing Years2021–2025
Where $100 goes at Lees-McRae College Inc
How Lees-McRae College Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$84
Programs
the work itself
$15
Management
running the organization
$1
Fundraising
raising the next dollar
Inside the $84 for programs
$69
Education, general / other
$15
Education, general / other
<$1
Education, general / other
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.
Sample Grants Received
SCHOLARSHIP FUNDING
$30,800
SCHOLARSHIP
$15,734
CHARITABLE GIFT
$6,939,750
For grant recipient's exempt purposes
$241,070
For general scholarship support.
$235,000
Showing up to 5 of 104 total records — full history available with membership.
Officers & Directors
BOARD CHAIR
Barbara Kopczynski
BOARD TRUSTEE
Beth Hopkins
VP OF AASSESSMENT & EFFECTIVENESS
Blaine Hansen
BOARD TRUSTEE
Bob Moss
BOARD TRUSTEE
Bonnie Huff
BOARD TRUSTEE
Dianne May
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $52.3M | $47.5M | $131.3M |
| 2024 | $36.3M | $37.7M | $123.2M |
| 2023 | $38.5M | $37.3M | $100.0M |
| 2022 | $41.1M | $37.4M | $87.7M |
| 2021 | $37.6M | $31.6M | $71.9M |
Between 2021 and 2025, reported annual revenue grew from $37.6M to $52.3M (+39%), with total assets most recently reported at $131.3M.
Interactive year-over-year charts and full filing details available with membership.