Public Charity

RUST COLLEGE

RUST COLLEGE, of Holly Springs, MS, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $31.8M in revenue, $25.5M in expenses, $98.9M in total assets. 50 publicly reported grants to this organization, totaling roughly $9.7M, appear in IRS filings.

EIN: 640303805 Holly Springs, MS Undergraduate Colleges NTEE: B42 Latest filing: 2025
Total Revenue$31.8M
Total Expenses$25.5M
Total Assets$98.9M
Grant Records50
Funding Total$9.7M
Filing Years2021–2025

Mission

To provide four year college degree

Where $100 goes at Rust College

How Rust College divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$84 Programs the work itself
$15 Management running the organization
$1 Fundraising raising the next dollar

Inside the $84 for programs

$77
Private Four Year Historical Black College
91% of program spending
$7
Post Secondary General Education Performance Grants and Contracts Ageements
9% of program spending
<$1
Post Secondary Education, Government and State Agencies For SEOG, FWS, FFEL, Title III and 137 Needs and Performances
0% of program spending · Reported in the filing: 137 performances
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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 Member Andre Mathis
Treasurer Audrey Miller-Okhiria
Chairman Barkese M Dalton
Board Member Betty Baptist Jones
Board Member Cecelia Wilson Sawyer
Board Member Clarence R Odom

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education
$6,940,991 15 grants
General Support
$348,412 16 grants
Arts & Culture
$155,000 1 grant
Unspecified
$2,233,228 18 grants

Financial Trends

Year Revenue Expenses Assets
2025 $31.8M $25.5M $98.9M
2024 $14.1M $22.7M $89.9M
2023 $20.1M $21.7M $90.4M
2022 $22.7M $21.9M $82.9M
2021 $22.7M $19.7M $88.9M

Between 2021 and 2025, reported annual revenue grew from $22.7M to $31.8M (+40%), with total assets most recently reported at $98.9M.

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

See the full picture for RUST COLLEGE

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