ERSKINE COLLEGE AND THEOLOGICAL SEMINARY Charity Report

Public IRS 990 nonprofit record

ERSKINE COLLEGE AND THEOLOGICAL SEMINARY

EIN 57-0314390 · Education (B420)

What they do

Erskine College Exists to Glorify God As A Christian Academic Community Where Students Are Equipped to Flourish As Whole Persons for Lives of Service Through The Pursuit of Undergraduate Liberal Arts and Graduate Theological Education.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $84.30 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders19 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

82.31%of revenue went to mission work84.3% of expenses · Program services

1.05%of revenue went to fundraising1.1% of expenses

$97.67spent for every $100 of revenueRevenue covered expenses this year.

14.30%of revenue went to management and office costs14.6% of expenses

$1.64in assets for every $1 spent this yearSome assets cannot be spent right away.

16.7%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $227,036 for DR STEVE ADAMSON (PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$47,967,931

Mission workProgram services$39,484,09782.31% of revenue84.3% of expenses

ManagementOffice and general costs$6,860,78814.30% of revenue14.6% of expenses

FundraisingAsking for donations$503,7311.05% of revenue1.1% of expenses

Revenue left after expensesReported annual surplus$1,119,3152.33% of revenueShown in gray on the chart

Total expenses$46,848,61697.67% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 84.3% mission · 14.6% management · 1.1% fundraisingTotal expenses: 97.67% of revenue

2023Expense mix: 90.9% mission · 8.1% management · 1.0% fundraisingTotal expenses: 99.73% of revenue

2022Expense mix: 89.2% mission · 9.9% management · 0.8% fundraisingTotal expenses: 107.13% of revenue

2021Expense mix: 85.8% mission · 13.2% management · 1.0% fundraisingTotal expenses: 97.75% of revenue

2020Expense mix: 85.8% mission · 13.5% management · 0.7% fundraisingTotal expenses: 102.37% of revenue

2019Expense mix: 87.1% mission · 12.3% management · 0.5% fundraisingTotal expenses: 101.03% of revenue

2018Expense mix: 86.0% mission · 13.0% management · 1.0% fundraisingTotal expenses: 122.80% of revenue

2017Expense mix: 87.3% mission · 11.9% management · 0.7% fundraisingTotal expenses: 101.78% of revenue

Money in and money out

Revenue$47,967,931

Expenses$46,848,616

Annual surplus $1,119,315 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$39,484,097 · 84.3% of expenses

Management and office costs$6,860,788 · 14.6% of expenses

Fundraising$503,731 · 1.1% of expenses

See all reported dollar amounts

Revenue$47,967,931

Expenses$46,848,616

Assets$76,800,649

Income$49,855,032

Contributions$8,013,998

Mission work (program services)$39,484,097

Fundraising$503,731

Management and general$6,860,788

Stocks and bonds$28,612,852

Accounting fees$81,636

Investing fees$203,316

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

DR STEVE ADAMSONPRESIDENT · 45 hrs/week $227,036Base $209,154 · Other $17,882

MR DARRELL PROFFITTVP OF FINANCE, TREASURER · 45 hrs/week $129,294Base $118,124 · Other $11,170

MR BOBBY CLARKEVP OPERATIONS · 40 hrs/week $124,334

MRS NG JONESASSISTANT SECRETARY · 45 hrs/week $70,231Base $57,600 · Other $12,631

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (19)

DR STEVE ADAMSONPRESIDENT

MR DARRELL PROFFITTVP OF FINANCE, TREASURER

MR BOBBY CLARKEVP OPERATIONS

MRS NG JONESASSISTANT SECRETARY

REV RF INGRAMTRUSTEE

REV PD MALPHRUSTRUSTEE

REV E RAYTRUSTEE

REV DM SMITHTRUSTEE

REV AF SHOGERTRUSTEE

MS MM KISERTRUSTEE - SECRETARY

MRS SC BURRISSTRUSTEE

MRS RJ WEBBTRUSTEE

MRS KJ CLAXTONTRUSTEE

MR WH POWELLTRUSTEE

MR JT BREWERTRUSTEE

MR JB GARRETTTRUSTEE

MR EP COOKTRUSTEE - VICE CHAIRMAN

MR CM WALKER JRTRUSTEE

MR CA RUNYANTRUSTEE - CHAIRMAN

About this charity

Recognized since: January 1942
Location: PO BOX 338, DUE WEST, SC 29639-0338
County: Abbeville
In care of: Dr Steven Adamson
Primary officer: Dr Steven Adamson, President

How to reach them

WebsiteVisit the charity’s website Phone(864) 379-8812

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: FORVIS MAZARS LLP
NTEE classification: Education (B420)