Mission
UNIVERSITY OF MOUNT OLIVE, INC. IS A CHRISTIAN FAITH-BASED, VALUES CENTERED PRIVATE INSTITUTION ROOTED IN THE LIBERAL ARTS TRADITION. WE SERVE OUR STUDENTS, OUR FOUNDING CHURCH, AND OUR COMMUNITIES.
Public Charity
UNIVERSITY OF MOUNT OLIVE INC
UNIVERSITY OF MOUNT OLIVE INC is a nonprofit organization categorized as Public Charity based in MOUNT OLIVE, NC. Its most recent IRS filing (2025) reports revenue of $60.7M, expenses of $50.6M, total assets of $114.4M. Imperigo tracks 77 reported grant relationships connected to this organization totaling approximately $3.8M.
EIN: 560623936
MOUNT OLIVE, NC
Undergraduate Colleges
NTEE: B42
Latest filing: 2025
Total Revenue$60.7M
Total Expenses$50.6M
Total Assets$114.4M
Grant Records77
Funding Total$3.8M
Filing Years2021–2025
Where $100 goes at University of Mount Olive Inc
How University of Mount Olive Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$80
Programs
the work itself
$19
Management
running the organization
$1
Fundraising
raising the next dollar
Inside the $80 for programs
$80
Christian faith-based, values-centered private higher education institution rooted in the liberal arts tradition
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
$28,750
PROVIDE FUNDING FOR SCHOLARSHIPS FOR RESIDENTS OF DUPLIN COUNTY AND THE TOWN OF MOUNT OLIVE, NC WHO ARE FULL OR PART-TIME STUDENTS OF MOUNT OLIVE COLLEGE
$178,735
For general scholarship support.
$90,000
PER ENDOWMENTS SCHOLARSHIPS
$86,719
TO SUPPORT THE ORGANIZATION'S STATED MISSION
$42,962
Showing up to 5 of 77 total records — full history available with membership.
Officers & Directors
TRUSTEE
Albert Elrod
EXECUTIVE ASSISTANT TO PRESIDENT/SECRETARY
Anne Hamm
TRUSTEE
Benjamin Forrest
TRUSTEE
Beverly Boyette
TRUSTEE
Bobby Jones
TRUSTEE
Bob Johnson
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $60.7M | $50.6M | $114.4M |
| 2024 | $50.6M | $49.0M | $101.6M |
| 2023 | $50.4M | $47.1M | $86.9M |
| 2022 | $62.1M | $52.3M | $83.7M |
| 2021 | $52.1M | $47.9M | $82.1M |
Between 2021 and 2025, reported annual revenue grew from $52.1M to $60.7M (+16%), with total assets most recently reported at $114.4M.
Interactive year-over-year charts and full filing details available with membership.