Catawba College in Salisbury, North Carolina (NC)

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Catawba College
Employer Identification Number (EIN)560530251
Name of OrganizationCatawba College
Address2300 W Innes St, Salisbury, NC 28144-2441
ActivitiesSchool, college, trade school, etc.
SubsectionEducational Organization
Ruling Date12/1941
DeductibilityContributions are deductible
FoundationSchool
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period05/2012
Assets$50,000,000 to greater
Income$10,000,000 to $49,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$109,380,675
Amount of Income$48,923,621
Form 990 Revenue Amount$42,085,207
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Undergraduate College (4-year)


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Amount of income in 2012: $48,923,621
Catawba College: 

 $48,923,621
Other organizations performing similar types of work: 

 $62,051,450

Assets in 2012: $109,380,675
This organization: 

 $109,380,675
Other organizations performing similar types of work: 

 $106,023,627

Expenses in 2007: $38,530,498
This organization: 

 $38,530,498
Other organizations performing similar types of work: 

 $41,301,867

Income to expenses ratio in 2007: 1.0
This organization: 

 1.0
Other organizations performing similar types of work: 

 1.1

Expenses allocated to program services in 2007: 77.8%
Catawba College: 

 77.8%
Other organizations performing similar types of work: 

 83.3%

Number of employees in 2007: 315
This organization: 

 315
Other organizations performing similar types of work: 

 560

Employees paid over $50,000 in 2007: 23.8%
Catawba College: 

 23.8%
Other organizations performing similar types of work: 

 15.6%

Grants share in income in 2007: 26.7%
Catawba College: 

 26.7%
Other organizations performing similar types of work: 

 15.1%

Financial snapshot ($)

Revenue for 2007

Assets at end of 2007

Expenses for 2007

Functional Expenses for 2007 ($)

Income-Producing Activities for 2007

Revenue, Expenses, and Changes in Net Assets or Fund Balances
20002001200220032004200520062007
Total revenue$27,103,429$29,466,163$28,523,484$30,933,101$37,053,128$38,085,657$35,518,697$38,728,906
Contributions, gifts, grants, and similar amounts received$5,659,655$6,634,440$2,981,426$6,331,918$11,572,213$11,346,429$6,261,401$10,353,119
Contributions to donor advised funds$0$0
Direct public support$5,659,655$6,634,440$2,981,426$6,331,918$11,572,213$11,346,429$6,261,401$10,248,529
Indirect public support$0$0$0$0$0$0$0$0
Government contributions (grants)$0$0$0$0$0$0$0$104,590
Program service revenue including government fees and contracts$19,125,935$20,863,521$22,584,892$23,050,169$24,730,436$23,842,898$24,876,102$26,646,486
Membership dues and assessments$0$0$0$0$0$0$0$0
Interest on savings and temporary cash investments$506,776$258,330$92,460$112,574$34,980$16,766$56,501$16,490
Dividends and interest from securities$818,923$831,924$648,729$572,853$670,747$707,426$1,016,249$1,142,360
Net rental income or (loss)$0$0$0$0$0$0$0$46,610
Gross rents$0$0$0$0$0$0$0$46,610
Less: rental expenses$0$0$0$0$0$0$0$0
Other investment income$0$0$0$0$0$0$0$0
Gain or (loss) from sales of assets other than inventory$379,522$174,121$1,574,790$543,583$0$1,536,676$2,569,605$107,935
Gross amount from sales of assets other than inventory$379,522$174,121$1,574,790$543,583$0$1,536,676$3,672,196$9,403,179
Less: cost or other basis and sales expenses$0$0$0$0$0$0$1,102,591$9,295,244
Net income or (loss) from special events and activities$0$0$0$0$0$0$0$0
Gross revenue$0$0$0$0$0$0$0$0
Less: direct expenses other than fundraising expenses$0$0$0$0$0$0$0$0
Gross profit or (loss) from sales of inventory$0$0$0$0$0$0$0$0
Gross sales of inventory, less returns and allowances$0$0$0$0$0$0$0$0
Less: cost of goods sold$0$0$0$0$0$0$0$0
Other revenue$612,618$703,827$641,187$322,004$44,752$635,462$738,839$415,906
Total expenses$24,971,060$27,276,104$30,017,131$31,256,649$32,724,127$34,327,870$36,771,568$38,530,498
Program services$20,254,910$22,132,127$25,102,045$25,976,111$26,941,162$27,144,399$28,622,689$29,969,261
Management and general$4,716,150$5,143,977$4,915,086$5,280,538$5,782,965$6,590,541$7,517,823$7,899,335
Fundraising$0$0$0$0$0$592,930$631,056$661,902
Payments to affiliates$0$0$0$0$0$0$0$0
Net assets or fund balances at end of year$68,815,402$67,189,255$62,361,081$63,760,829$69,106,225$72,326,234$72,885,166$70,246,711
Excess or (deficit) for the year$2,132,369$2,190,059$-1,493,647$-323,548$4,329,001$3,757,787$-1,252,871$198,408
Net assets or fund balances at beginning of year$70,040,647$68,815,402$67,189,255$62,361,081$63,760,829$69,106,226$72,326,234$72,885,166
Other changes in net assets or fund balances$-3,357,614$-3,816,206$-3,334,527$1,723,296$1,016,395$-537,779$1,811,803$-2,836,863
Statement of Functional Expenses (for 2007)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$38,530,498$29,969,261$7,899,335$661,902
Grants paid from donor advised funds$0
Other grants and allocations$0
Specific assistance to individuals$9,174,262
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$805,190$118,250$574,065$112,875
Compensation of former officers, directors, key employees, etc.$0$0$0$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0$0$0
Salaries and wages of employees not included above$11,525,965$8,959,253$2,295,067$271,645
Pension plan contributions not included above$649,365$480,091$149,336$19,938
Employee benefits not included above$2,289,608$1,708,803$517,812$62,993
Payroll taxes$889,407$686,152$174,442$28,813
Professional fundraising fees$0$0$0$0
Accounting fees$0$0$0$0
Legal fees$0$0$0$0
Supplies$725,859$639,709$75,125$11,025
Telephone$166,570$104,032$52,098$10,440
Postage and shipping$217,557$108,458$95,272$13,827
Occupancy$965,640$965,640$0$0
Equipment rental and maintenance$1,038,036$126,047$899,003$12,986
Printing and publications$82,462$82,231$231$0
Travel$579,813$488,948$75,503$15,362
Conferences, conventions, and meetings$24,891$22,583$2,308$0
Interest$1,195,124$866,115$329,009$0
Depreciation, depletion, etc.$2,642,595$1,915,108$727,487$0
Other expenses not covered above$5,558,154$3,523,579$1,932,577$101,998
Balance Sheets
20002001200220032004200520062007
Total assets$87,547,170$91,813,466$87,491,970$87,856,720$92,819,125$98,408,394$116,048,740$113,696,520
Cash - non-interest-bearing$2,007,295$1,159,584$1,468,333$0$0$470,579$224,788$1,063,974
Savings and temporary cash investments$2,792,537$4,457,482$2,336,252$1,037,606$2,719,408$4,007,845$11,772,864$2,775,967
Accounts receivable less allowance for doubtful accounts$400,940$668,639$577,232$563,864$540,946$986,815$997,793$1,230,423
Pledges receivable less allowance for doubtful accounts$3,034,948$2,923,875$1,014,222$1,142,396$2,279,030$4,860,015$3,562,430$2,555,115
Grants receivable$1,892,048$2,094,510$1,812,675$1,755,992$2,323,970$5,141,208$5,157,069$0
Receivables from current and former officers, directors, trustees, and key employees$0$0$0$0$0$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0
Other notes and loans receivable less allowance for doubtful accounts$3,164,985$3,118,559$0$3,226,780$3,148,926$0$2,971,613$3,211,808
Inventories for sale or use$302,813$300,574$329,175$285,020$285,265$285,882$91,569$89,250
Prepaid expenses and deferred charges$78,871$90,145$153,755$267,068$249,892$47,872$69,269$115,149
Investments - publicly-traded securities$38,518,376$36,709,883
Investments - other securities$31,268,925$28,366,102$23,791,932$25,619,186$24,246,686$30,041,228$0$0
Investments - land, buildings, and equipment less accumulated depreciation$171,400$171,400$186,400$167,901$1,552,331$516,650$168,650$168,650
Investments - other$4,499,471$4,256,480$6,159,774$6,653,822$8,235,035$2,675,488$685,862$695,903
Land, buildings, and equipment less accumulated depreciation$37,797,917$43,955,173$46,288,225$46,913,868$47,028,280$46,209,112$51,626,444$59,311,369
Other assets, including program-related investments$135,020$250,943$3,373,995$223,217$209,356$3,165,700$202,013$5,769,029
Total liabilities$18,731,768$24,624,211$25,130,889$24,095,891$23,712,900$26,082,160$43,163,574$43,449,809
Accounts payable and accrued expenses$1,804,742$2,050,347$1,770,068$2,131,446$1,908,068$1,528,495$2,175,360$2,841,459
Grants payable$0$0$0$0$0$0$0$0
Deferred revenue$0$0$2,003,316$1,757,929$1,515,378$1,279,725$1,485,857$1,130,834
Loans from officers, directors, trustees, and key employees$0$0$0$0$0$0$0$0
Tax-exempt bond liabilities$0$0$0$0$0$0$0$0
Mortgages and other notes payable$12,737,369$21,029,576$19,917,225$18,529,004$18,405,548$20,432,651$36,782,411$35,906,949
Other liabilities$4,189,657$1,544,288$1,440,280$1,677,512$1,883,906$2,841,289$2,719,946$3,570,567
Total liabilities and net assets/fund balances$87,547,170$91,813,466$87,491,970$87,856,720$92,819,125$98,408,394$116,048,740$113,696,520
Total net assets or fund balances$68,815,402$67,189,255$62,361,081$63,760,829$69,106,225$72,326,234$72,885,166$70,246,711
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
20002001200220032004200520062007
Total revenue$27,103,429$29,466,163$28,523,484$30,933,101$37,053,128$38,085,657$35,518,697$38,728,906
Total revenue, gains, and other support per audited financial statements$23,745,815$25,642,177$25,188,957$32,656,397$38,069,523$30,729,726$28,997,351$26,717,781
Other expenses$-3,357,614$-3,823,986$-3,334,527$1,723,296$1,016,395$637,508$-6,521,346$-12,011,125
Net unrealized gains on investments$-3,357,614$-3,823,986$-3,334,527$1,723,296$1,067,581$0$1,689,169$-2,332,222
Donated services and use of facilities$0$0$0$0$0$0$0$0
Recoveries of prior year grants$0$0$0$0$0$0$0$0
Other$0$0$0$0$-51,186$637,508$-8,210,515$-9,678,903
Other revenue$0$0$0$0$0$7,993,439$0$0
Investment expenses$0$0$0$0$0$0$0$0
Other$0$0$0$0$0$7,993,439$0$0
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
20002001200220032004200520062007
Total expenses$24,791,060$27,276,104$30,017,131$31,256,648$32,724,127$34,327,870$36,771,568$38,530,498
Total expenses and losses per audited financial statements$24,791,060$27,276,104$30,017,131$31,256,648$32,724,127$26,532,268$28,438,419$29,356,236
Other revenue$0$0$0$0$0$0$0$0
Donated services and use of facilities$0$0$0$0$0$0$0$0
Prior year adjustments$0$0$0$0$0$0$0$0
Losses$0$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$0$0
Other expenses$0$0$0$0$0$7,795,602$8,333,149$9,174,262
Investment expenses$0$0$0$0$0$0$0$0
Other$0$0$0$0$0$7,795,602$8,333,149$9,174,262
Current Officers, Directors, Trustees, and Key Employees
Average hours per week devoted to positionCompensationContributions to employee benefit plans & deferred compensation plansExpense account and other allowances
40$195,000$17,000$0
40$110,000$8,250$0
40$106,000$7,950$0
40$105,000$7,875$0
40$96,000$13,440$0
40$129,000$9,675$0
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings49
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?Yes
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?No
Does the organization have a written conflict of interest policy?Yes
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?Yes
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?No
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?No
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?No
Number of employees employed in the pay period that includes March 12, 2006315
Analysis of Income-Producing Activities (for 2007)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$46,610$6,880,773$21,448,404
Program service revenue
Program service revenue 1000000$000$0$21,032,498
Program service revenue 2000000$0Section 501(c)(3) organization - Income from an activity carried on primarily for the convenience of the organization's members, students, patients, visitors, officers, or employees (hospital parking lot or museum cafeteria, for example) (section 513(a)(2))$4,939,860$0
Program service revenue 3000000$0Section 501(c)(3) organization - Income from an activity carried on primarily for the convenience of the organization's members, students, patients, visitors, officers, or employees (hospital parking lot or museum cafeteria, for example) (section 513(a)(2))$674,128$0
Program service revenue 4000000$000$0$0
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$0
Interest on savings and temporary cash investments000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$16,490$0
Dividends and interest from securities000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$1,142,360$0
Net rental income or (loss) from real estate
debt-financed propertyLessors of residential buildings and dwellings$46,61000$0$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$0Gain (or loss, to the extent allowed) from the sale of investments and other non-inventory property and from certain property acquired from financial institutions that are in conservatorship or receivership (sections 512(b)(5) and 512(b)(16)(A))$107,935$0
Net income or (loss) from special events000000$000$0$0
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenue000000$000$0$415,906
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2007)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
0000000000%$0$0
0000000000%$0$0
0000000000%$0$0
0000000000%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2007)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$95,209$7,141$0
$92,230$6,917$0
$92,000$6,900$0
$86,074$6,456$0
$86,453$4,323$0
Total number of other employees paid over $50,00064
Statements About Activities (for 2007)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?No
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?No
Did the organization maintain any donor advised funds?No
Did the organization make any taxable distributions under section 4966?No
Did the organization make a distribution to a donor, donor advisor, or related person?No
Enter the total number of donor advised funds owned at the end of the tax year$0
Enter the aggregate value of assets held in all donor advised funds owned at the end of the tax year$0
Enter the total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts$0
Enter the aggregate value of assets held in all funds or accounts included above at the end of the tax year$0
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isSchool
Support Schedule
19992000200120022003200420052006
Total$0$0$0$0$0$0$0$0
Gifts, grants, and contributions received$0$0$0$0$0$0$0$0
Membership fees received$0$0$0$0$0$0$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$0$0$0$0$0$0$0$0
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$0$0$0$0$0$0$0$0
Net income from unrelated business activities not included above$0$0$0$0$0$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0$0$0$0$0$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0$0$0$0$0$0$0
Other income$0$0$0$0$0$0$0$0
Lobbying Expenditures by Electing Public Charities (for 2007)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2012)
Total revenue$42,085,207
Contributions, Gifts, Grants and Other Similar Amounts$5,925,701
Program Service Revenue$34,282,042
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$810,698
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net loss from sales of assets other than inventory$-48,085
Gross amount from sales of assets other than inventory (Securities / Other)$6,660,730 / $129,599
Less: cost or other basis and sales expenses (Securities / Other)$6,633,862 / $204,552
Gain or (loss) (Securities / Other)$26,868 / $-74,953
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$1,114,851
Statement of Functional Expenses (for 2012)
Total functional expenses$41,955,539
Compensation of current officers, directors, trustees, and key employees$979,726
Other salaries and wages$10,953,439
Payroll taxes$799,516
Professional fundraising services$0
Other$29,222,858
Balance Sheet (for 2012)
Total assets$109,380,675
Total liabilities$33,861,032
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$26,271,188
Unsecured notes and loans payable to unrelated third parties$0
Other$7,589,844
Total net assets or fund balances$75,519,643
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:A school described in section 170(b)(1)(A)(ii)
Unrelated Trade or Business Income (for 2008)
IncomeExpensesNet
Total$32,571$120,330$-87,759
Gross receipts or sales less returns and allowances$0$0$0
Cost of goods sold$0$0$0
Gross profit$0$0$0
Capital gain net income$0$0$0
Net gain$0$0$0
Capital loss deduction for trusts$0$0$0
Income (loss) from partnerships and S corporations$0$0$0
Rent income$0$0$0
Unrelated debt-financed income$325,711$120,330$-87,759
Interest, annuities, royalties, and rents from controlled organizations$0$0$0
Investment income of a section 501(c)(7), (9), or (17) organization$0$0$0
Exploited exempt activity income$0$0$0
Advertising income$0$0$0
Other income$0$0$0
Deductions Not Taken Elsewhere (for 2008)
Total deductions$0
Compensation of officers, directors, and trustees$0
Salaries and wages$0
Repairs and maintenance$0
Bad debts$0
Interest$0
Taxes and licenses$0
Charitable contributions$0
Depreciation$0
Depletion$0
Contributions to deferred compensation plans$0
Employee benefit programs$0
Excess exempt expenses$0
Excess readership costs$0
Other deductions$0
Unrelated business taxable income$-87,759
Unrelated business taxable income before net operating loss deduction$-87,759
Net operating loss deduction$0
Unrelated business taxable income before specific deduction$-87,759
Specific deduction$1,000
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Swarthmore College500 College Ave, Swarthmore, PA 19081-1306PA1950-03$1,033,095,783
2Pomona College150 E Eighth St Pendleton Bldg 108, Claremont, CA 91711CA1954-12$800,260,729
3Davidson CollegePO BOX 7163, Davidson, NC 28035-7163NC1951-01$583,350,599
4Sarah Lawrence College8625 Andrew Carnegie Blvd- Corp Tax, Charlotte, NC 28262NC1973-01$93,381,655
5Lenoir-Rhyne UniversityPO BOX 7164, Hickory, NC 28603-7164NC1945-05$71,137,327
6Guilford College5800 W Friendly Ave, Greensboro, NC 27410-4108NC1975-10$67,012,774
7Shaw University, Deborah Latimore118 E South St, Raleigh, NC 27601-2341NC1956-08$62,051,450
8Warren Wilson CollegePO BOX 9000, Asheville, NC 28815-9000NC1962-09$56,968,735
9Mount Olive College Incorporated634 Henderson St, Mount Olive, NC 28365-1263NC1959-10$53,332,791
10Mars Hill College IncPO BOX 370, Mars Hill, NC 28754-0370NC1946-06$51,778,821
11Catawba College2300 W Innes St, Salisbury, NC 28144-2441NC1941-12$48,923,621
12Saint Augustines College1315 Oakwood Ave, Raleigh, NC 27610-2247NC1946-05$47,421,558
13Salem Academy & College601 S Church Street, Winston Salem, NC 27101NC1951-10$38,411,942
14Barton CollegePO BOX 5000, Wilson, NC 27893-7000NC1952-03$38,176,002
15Greensboro College Inc815 W Market St, Greensboro, NC 27401-1823NC1976-11$30,655,022
16North Carolina Wesleyan College3400 N Wesleyan Blvd, Rocky Mount, NC 27804-8699NC1961-08$30,538,468
17Brevard College Corporation1 Brevard College Dr, Brevard, NC 28712-4283NC1952-05$27,214,435
18Lees-Mcrae College IncorporatedPO BOX 128, Banner Elk, NC 28604-0128NC1959-02$26,594,508
19Bennett College900 E Washington St, Greensboro, NC 27401-3239NC1977-07$21,622,700
20Mid-Atlantic Christian University Inc715 N Poindexter St, Elizabeth Cty, NC 27909-4054NC1977-04$3,037,091
Number of organizations performing similar types of work
Alabama8
Arkansas8
California17
Connecticut5
District of Columbia1
Florida12
Georgia13
Iowa16
Idaho2
Illinois21
Indiana16
Kansas8
Kentucky10
Louisiana2
Massachusetts28
Maryland7
Maine6
Michigan14
Minnesota9
Missouri11
Mississippi5
Montana2
North Carolina18
North Dakota2
Nebraska6
New Hampshire7
New Jersey8
New Mexico4
Nevada1
New York33
Ohio26
Oklahoma3
Oregon3
Pennsylvania37
Rhode Island1
South Carolina10
South Dakota4
Tennessee12
Texas9
Virginia12
Vermont5
Washington2
Wisconsin11
West Virginia6
International2
Total443

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