Totals
- Total revenue
- $125,135,364
- Total expenses
- $108,259,767
- Contributions and grants received
- $19,197,489
- Grants paid
- $19,828,509
- Program service revenue
- $101,243,934
- Investment income
- $2,804,171
- Other revenue
- $1,889,770
- Total assets, end of year
- $294,419,547
- Total liabilities, end of year
- $53,046,796
- Net assets or fund balances, end of year
- $241,372,751
- Program services expenses (Part IX)
- $94,886,433
- Management and general expenses
- $12,417,425
- Fundraising expenses
- $955,909
- Program service expenses (Part III)
- $94,886,433
Program services were 87.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$102,205
-
1e · Government grants (contributions)
$11,836,142
-
1f · All other contributions, gifts and grants
$7,259,142
-
2a · Program service revenue: EDUCATION & GENERAL REVENUE
total $95,384,704 · related or exempt $95,384,704
-
2b · Program service revenue: AUXILLARY INCOME
total $5,702,480 · related or exempt $5,702,480
-
2c · Program service revenue: ADVERTISING
total $156,750 · unrelated business $156,750
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $2,509,499 · excluded $2,509,499
-
5 · Royalties
total $5,032 · excluded $5,032
-
6a · Gross rents
real property $3,500
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $3,500 · personal property $0
-
6d · Net rental income or loss
total $3,500 · related or exempt $3,500
-
7a · Gross sales of assets other than inventory
securities $286,172 · other assets $8,500
-
7c · Gain or loss
securities $286,172 · other assets $8,500
-
7d · Net gain or loss
total $294,672 · excluded $294,672
-
8a · Fundraising events: gross income
$87,482
-
8a · Fundraising events: contributions included on line 1c
$102,205
-
8b · Fundraising events: direct expenses
$126,521
-
8c · Net income from fundraising events
total -$39,039 · excluded -$39,039
-
11a · Other revenue: INSURANCE CLAIM PROCEEDS
total $1,157,406 · related or exempt $1,157,406
-
11b · Other revenue: CAMP REVENUE
total $190,864 · related or exempt $190,864
-
11c · Other revenue: MISSIONS RELATED INCOME
total $130,573 · related or exempt $130,573
-
11d · All other revenue
total $441,434 · related or exempt $441,434 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$1,920,277
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $19,828,509 · program services $19,828,509
-
4 · Benefits paid to or for members
total $0 · program services $0
-
5 · Compensation of officers, directors and key employees
total $1,552,774 · program services $846,162 · management and general $706,612
-
7 · Other salaries and wages
total $36,587,441 · program services $31,297,866 · management and general $4,885,780 · fundraising $403,795
-
8 · Pension plan contributions
total $1,690,222 · program services $1,445,861 · management and general $225,707 · fundraising $18,654
-
9 · Other employee benefits
total $4,501,251 · program services $3,850,489 · management and general $601,084 · fundraising $49,678
-
10 · Payroll taxes
total $2,648,724 · program services $2,265,789 · management and general $353,703 · fundraising $29,232
-
11b · Fees: legal
total $120,818 · management and general $120,818
-
11d · Fees: lobbying
total $120,000 · program services $120,000
-
11g · Fees: other
total $10,395,113 · program services $8,892,255 · management and general $1,388,133 · fundraising $114,725
-
12 · Advertising and promotion
total $1,185,520 · program services $1,014,125 · management and general $158,311 · fundraising $13,084
-
13 · Office expenses
total $1,754,827 · program services $1,501,125 · management and general $234,334 · fundraising $19,368
-
14 · Information technology
total $747,478 · program services $639,412 · management and general $99,816 · fundraising $8,250
-
16 · Occupancy
total $2,895,995 · program services $2,477,311 · management and general $386,723 · fundraising $31,961
-
17 · Travel
total $2,567,686 · program services $2,196,467 · management and general $342,881 · fundraising $28,338
-
20 · Interest
total $1,180,075 · program services $1,009,467 · management and general $157,584 · fundraising $13,024
-
22 · Depreciation, depletion and amortization
total $6,224,823 · program services $5,324,878 · management and general $831,245 · fundraising $68,700
-
23 · Insurance
total $1,799,409 · program services $1,539,262 · management and general $240,288 · fundraising $19,859
-
24a · Other expenses: LEARNING RESOURCES
total $3,843,434 · program services $3,287,775 · management and general $513,241 · fundraising $42,418
-
24b · Other expenses: REPAIRS AND MAINTENANCE
total $3,637,022 · program services $3,111,205 · management and general $485,677 · fundraising $40,140
-
24c · Other expenses: SPECIAL EVENTS
total $1,454,918 · program services $1,244,575 · management and general $194,286 · fundraising $16,057
-
24d · Other expenses: UNRELATED BUSINESS INCOME TAX
total $23,837 · management and general $23,837
-
24e · All other expenses
total $3,499,891 · program services $2,993,900 · management and general $467,365 · fundraising $38,626
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $5,126,153 · end of year $4,444,887
-
2 · Savings and temporary cash investments
beginning of year $19,026,444 · end of year $18,050,395
-
3 · Pledges and grants receivable
beginning of year $0 · end of year $0
-
4 · Accounts receivable
beginning of year $9,558,284 · end of year $6,751,724
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
7 · Other notes and loans receivable
beginning of year $26,549 · end of year $130,908
-
8 · Inventories for sale or use
beginning of year $0 · end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $77,254 · end of year $40,636
-
10a · Land, buildings and equipment: cost or other basis
$306,262,711
-
10b · Land, buildings and equipment: accumulated depreciation
$93,903,198
-
10c · Land, buildings and equipment, net
beginning of year $191,051,992 · end of year $212,359,513
-
11 · Investments: publicly traded securities
beginning of year $42,262,357 · end of year $47,795,935
-
12 · Investments: other securities
beginning of year $0
-
13 · Investments: program-related
beginning of year $0
-
14 · Intangible assets
beginning of year $0 · end of year $0
-
15 · Other assets
beginning of year $4,562,233 · end of year $4,845,549
-
17 · Accounts payable and accrued expenses
beginning of year $5,929,095 · end of year $8,502,638
-
18 · Grants payable
beginning of year $0 · end of year $0
-
19 · Deferred revenue
beginning of year $3,475,756 · end of year $5,492,462
-
20 · Tax-exempt bond liabilities
beginning of year $0 · end of year $0
-
21 · Escrow or custodial account liability
beginning of year $0 · end of year $0
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $41,084,728 · end of year $39,049,622
-
24 · Unsecured notes and loans payable
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $6,731 · end of year $2,074
-
27 · Net assets without donor restrictions
beginning of year $179,720,052 · end of year $184,981,808
-
28 · Net assets with donor restrictions
beginning of year $41,474,904 · end of year $56,390,943
Mission and programs · 2024
Mission
William Carey University provides a quality education challenging students to excel in scholarship, leadership, and service in a caring community rooted in Christian values and its Baptist namesake.
-
ACADEMIC PROGRAMS THE UNIVERSITY MAINTAINS UNDERGRADUATE AND GRADUATE PROGRAMS AT THREE SITES. ENROLLMENT HAS GROWN TO INCLUDE AN AVERAGE OF OVER 5,500 STUDENTS PER SESSION. THE UNIVERSITY DESIGNS AND OPERATES ITS PROGRAMS TO ENCOURAGE EACH STUDENT TO DEVELOP HIS/HER HIGHEST POTENTIAL IN LIBERAL ARTS AND/OR PROFESSIONAL EDUCATION.
Expenses $65,271,631 · Revenue $97,308,481
-
STUDENT AID DIRECT AID TO STUDENTS PRIMARILY FROM INSTITUTIONAL FUNDS
Expenses $19,828,509 · Grants $19,828,509
-
AUXILIARY ENTERPRISES INCLUDE DINING, HOUSING, AND ATHLETICS. AUXILIARY PROGRAMS PROVIDE HOUSING AND DINING SERVICES FOR THE STUDENTS WHO NEED OR WANT TO LIVE ON CAMPUS. THE ATHLETIC PROGRAMS ENCOURAGE LOYALTY TO THE UNIVERSITY AND A SENSE OF UNITY AMONG STUDENTS AND FACULTY. IN PROVIDING THESE PROGRAMS, THE UNIVERSITY ENCOURAGES THE EXERCISE OF STUDENT TALENT, WHICH ENHANCES THE LEARNING EXPERIENCES OF THE STUDENTS INVOLVED.
Expenses $9,786,293 · Revenue $5,702,480
As filed on the 2024 return.
Listed in Part VII
-
Robert DonnellROBERT DONNELL
VICE-CHAIRMAN BOT
- Total calculated
- $0
- Hours/week
- 1
-
William RayWILLIAM RAY
CHAIRMAN BOT
- Total calculated
- $0
- Hours/week
- 1
-
Alan SudduthALAN SUDDUTH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Allison MoffettALLISON MOFFETT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Anthony WilsonANTHONY WILSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Barbara HamiltonBARBARA HAMILTON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Brent ParkerBRENT PARKER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Brett JonesBRETT JONES
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Brett ValentineBRETT VALENTINE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Brian DixBRIAN DIX
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Charles Pickering SrCHARLES PICKERING SR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Daniel EdneyDANIEL EDNEY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Gary GordenGARY GORDEN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Gary ShowsGARY SHOWS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Jack SimmonsJACK SIMMONS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Jeff FloydJEFF FLOYD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Jimmy StewartJIMMY STEWART
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Joey GarnerJOEY GARNER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
John DamonJOHN DAMON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Leander BridgesLEANDER BRIDGES
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Mack GrubbsMACK GRUBBS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Phil HanberryPHIL HANBERRY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Ted BowerTED BOWER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Benjamin C BurnettBENJAMIN C BURNETT
PROFESSOR OF EDUCATION; PRESIDENT AND CHIEF EXECUTIVE OFFICER
- Total calculated
- $333,614
- From this org
- $296,906
- From related orgs
- $0
- Other
- $36,708
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $276,396
- Bonus
- $0
- Other
- $20,510
- Deferred
- $15,034
- Nontaxable benefits
- $21,674
- Filer's total
- $333,614
-
Daniel P CaldwellDANIEL P CALDWELL
FORMER VICE PRESIDENT FOR ACADEMIC AFFAIRS , AND PROVOST
- Total calculated
- $92,982
- From this org
- $69,668
- From related orgs
- $0
- Other
- $23,314
- Hours/week
- 40
-
Grant GuthrieGRANT GUTHRIE
VICE PRESIDENT FOR BUSINESS AFFAIRS AND CHEIF FINANCIAL OFFICER
- Total calculated
- $164,005
- From this org
- $140,599
- From related orgs
- $0
- Other
- $23,406
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $139,331
- Bonus
- $0
- Other
- $1,268
- Deferred
- $15,000
- Nontaxable benefits
- $8,406
- Filer's total
- $164,005
-
Noal B CochranNOAL B COCHRAN
PROFESSOR OF EDUCATION; VICE PRESIDENT FOR ACADEMIC AFFAIRS, AND PROVOST
- Total calculated
- $79,367
- From this org
- $72,125
- From related orgs
- $0
- Other
- $7,242
- Hours/week
- 40
-
Cassandra L ConnerCASSANDRA L CONNER
PROF. OF EDUCATION; VP FOR THE TRADITION CAMPUS; ASSOC. PROVOST FOR DISTANCE LEARNING
- Total calculated
- $133,577
- From this org
- $118,013
- From related orgs
- $0
- Other
- $15,564
- Hours/week
- 40
-
Italo R SubbaraoITALO R SUBBARAO
PROFESSOR OF CLINICAL SCIENCES AND DEAN OF COLLEGE OF OSTEOPATHIC MEDICINE
- Total calculated
- $557,329
- From this org
- $533,660
- From related orgs
- $0
- Other
- $23,669
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $497,234
- Bonus
- $0
- Other
- $36,426
- Deferred
- $15,000
- Nontaxable benefits
- $8,669
- Filer's total
- $557,329
-
Janet K WilliamsJANET K WILLIAMS
PROFESSOR OF NURSING; VICE PRESIDENT, COLLEGE OF HEALTH SCIENCES
- Total calculated
- $200,981
- From this org
- $177,429
- From related orgs
- $0
- Other
- $23,552
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $143,087
- Bonus
- $0
- Other
- $34,342
- Deferred
- $15,000
- Nontaxable benefits
- $8,552
- Filer's total
- $200,981
-
Carissa S RostenCARISSA S ROSTEN
ASSISTANT PROFESSOR OF CLINICAL SCIENCES; DIRECTOR, OMM SCHOLARS PROGRAM
- Total calculated
- $231,277
- From this org
- $218,196
- From related orgs
- $0
- Other
- $13,081
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $218,182
- Bonus
- $0
- Other
- $14
- Deferred
- $5,786
- Nontaxable benefits
- $7,295
- Filer's total
- $231,277
-
Edward R FriedlanderEDWARD R FRIEDLANDER
PROFESSOR OF PRECLINICAL SCIENCES
- Total calculated
- $234,618
- From this org
- $217,047
- From related orgs
- $0
- Other
- $17,571
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $203,696
- Bonus
- $0
- Other
- $13,351
- Deferred
- $9,008
- Nontaxable benefits
- $8,563
- Filer's total
- $234,618
-
Eng T HuuENG T HUU
ASSOCIATE PROFESSOR OF CLINICAL SCIENCES
- Total calculated
- $224,710
- From this org
- $207,360
- From related orgs
- $0
- Other
- $17,350
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $191,721
- Bonus
- $0
- Other
- $15,639
- Deferred
- $8,787
- Nontaxable benefits
- $8,563
- Filer's total
- $224,710
-
Ethan B WorthingtonETHAN B WORTHINGTON
ASSOCIATE PROFESSOR OF CLINICAL SCIENCES AND CHAIR OF OMM
- Total calculated
- $271,469
- From this org
- $255,506
- From related orgs
- $0
- Other
- $15,963
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $243,569
- Bonus
- $0
- Other
- $11,937
- Deferred
- $7,334
- Nontaxable benefits
- $8,629
- Filer's total
- $271,469
-
Tiffany L WorthingtonTIFFANY L WORTHINGTON
ASSOCIATE PROFESSOR OF CLINICAL SCIENCES AND ASSOCIATE DEAN OF CLINICAL SCIENCES
- Total calculated
- $282,604
- From this org
- $266,035
- From related orgs
- $0
- Other
- $16,569
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $253,417
- Bonus
- $0
- Other
- $12,618
- Deferred
- $7,938
- Nontaxable benefits
- $8,631
- Filer's total
- $282,604
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 1a · Housing allowance or residence for personal use
- 1a · Health or social club dues or initiation fees
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Form 990 of other organizations
- 3 · Written employment contract
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$15,000
HELENE RECOVERY
-
$8,000
CHAMBER OF COMMERCE SUPPORT
-
DOWNTOWN HATTIESBURG ASSOCIATION
$5,000
FINANCIAL SUPPORT
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 8 June 2026
- IRS schema version
- 2024v5.1
- Source object
- 202631599349301638
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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