MOREHOUSE COLLEGE

ATLANTA, GA, 30314-3773 (404) 681-2800 Est. 1867 EIN 58-0566205

B420— Education Form 990 501(c)(3)

Mission

SEE SCHEDULE O

Total Revenue

$183,086,444

Total Expenses

$163,607,064

Net Assets

$508,439,637

1,038 employees 758 volunteers

From latest filing (tax period ending 2024-06-30)

Operating Reserve

3.1 years Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 29.3%

Expenses ↑ 16.0%

Revenue Sources

Contributions 38.0% Earned revenue 42.2% Investment 4.4% Other 15.0%

Expense Breakdown

Program 67.8% Management 25.0% Fundraising 7.1%

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Year	Revenue	Expenses	Net Assets
2023 Form 990	$183,086,444 ↑	$163,607,064	$508,439,637
2022 Form 990	$141,598,208 ↓	$141,078,075	$467,826,088
2021 Form 990	$148,286,450 ↓	$139,679,373	$448,782,140
2020 Form 990	$206,029,432 ↑	$104,337,643	$473,645,758
2019 Form 990	$205,841,399 ↑	$144,838,508	$323,387,041
2017 Form 990	$120,779,477	$113,622,838	$256,789,545