Public Charity

Edward Waters University Inc

Edward Waters University Inc, of Jacksonville, FL, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $37.8M in revenue, $37.6M in expenses, $62.4M in total assets. 43 publicly reported grants to this organization, totaling roughly $9.4M, appear in IRS filings.

EIN: 591146751 Jacksonville, FL Undergraduate Colleges NTEE: B42 Latest filing: 2025
Total Revenue$37.8M
Total Expenses$37.6M
Total Assets$62.4M
Grant Records43
Funding Total$9.4M
Filing Years2021–2025

Mission

The University strives to prepare students holistically to advance in a global society through the provision of intellectually stimulating programs and an environment which emphasizes high moral and spiritual values in keeping with the African Methodist Episcopal Church.

Where $100 goes at Edward Waters University Inc

How Edward Waters University 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

$66
To sustain a learning community in which students can prepare academically, socially, and spiritually for leadership in a complex, diverse and rapidly changing world
82% of program spending
$14
Auxiliary enterprises support the Universitys mission of providing quality educational opportunities
18% of program spending
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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

Board Chairman Bishop Frank M Reid Iii
President Dr Alderman Zachary Faison
Vice President for Business Finance Dr Archie Bouie
Board Member Dr Benjamin Okafor
Board Member Dr Edward Wheeler
Vice Chairperson Dr Freddie Groomes-Mclendon

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education
$6,672,652 17 grants
General Support
$1,416,919 11 grants
Health & Medicine
$207,720 4 grants
Human & Social Services
$7,500 1 grant
Unspecified
$1,140,222 9 grants

Financial Trends

Year Revenue Expenses Assets
2025 $37.8M $37.6M $62.4M
2024 $35.2M $34.2M $56.0M
2023 $36.8M $35.4M $54.6M
2022 $46.0M $42.8M $56.0M
2021 $39.0M $29.1M $50.3M

Between 2021 and 2025, reported annual revenue declined from $39.0M to $37.8M (-3%), with total assets most recently reported at $62.4M.

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

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