SPARTANBURG METHODIST COLLEGE Charity Report

Public IRS 990 nonprofit record

SPARTANBURG METHODIST COLLEGE

EIN 57-0314415 · Education (B410)

What they do

Spartanburg Methodist College is A Private Residential Institution Offering Associate and Baccalaureate Degrees Within The United Methodist Connection. At SMC, Lives Are Transformed In A Values-oriented, Student-centered Atmosphere In The Christian Tradition That Encourages Academic Excellence, Intellectual Exploration, Social Awareness, and Character Development Within The Liberal Arts Tradition. The Academic Program Offers Students The Option of Transferring to A Four-year College or University for Continued Study or Entering A Career After Graduation. The Curriculum Ranges From The Basic Liberal Arts and Transfer Program to Preparation for Immediate Entry Into The Job Market Through Career Track and Baccalaureate Degree Options. The College Offers to A Wide Variety of Students The Opportunity of Higher Education By Providing A Competent and Dedicated Faculty, Distance Learning Options, Financial Assistance, Work-study Positions, and Special Support Programs.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $79.20 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 leaders32 people are listed in the latest report.

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

Money made simple

77.23%of revenue went to mission work79.2% of expenses · Program services

1.51%of revenue went to fundraising1.6% of expenses

$97.49spent for every $100 of revenueRevenue covered expenses this year.

18.75%of revenue went to management and office costs19.2% of expenses

$1.92in assets for every $1 spent this yearSome assets cannot be spent right away.

15.3%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 $282,709 for WILLIAM S COCHRAN (PRESIDENT OF THE COLLEGE). 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$31,221,272

Mission workProgram services$24,110,64477.23% of revenue79.2% of expenses

ManagementOffice and general costs$5,854,85118.75% of revenue19.2% of expenses

FundraisingAsking for donations$472,4381.51% of revenue1.6% of expenses

Revenue left after expensesReported annual surplus$783,3392.51% of revenueShown in gray on the chart

Total expenses$30,437,93397.49% 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: 79.2% mission · 19.2% management · 1.6% fundraisingTotal expenses: 97.49% of revenue

2023Expense mix: 78.9% mission · 19.5% management · 1.7% fundraisingTotal expenses: 108.58% of revenue

2022Expense mix: 79.0% mission · 19.6% management · 1.5% fundraisingTotal expenses: 101.77% of revenue

2021Expense mix: 78.1% mission · 20.2% management · 1.8% fundraisingTotal expenses: 108.00% of revenue

2020Expense mix: 79.2% mission · 19.4% management · 1.4% fundraisingTotal expenses: 94.86% of revenue

2019Expense mix: 76.8% mission · 21.1% management · 2.1% fundraisingTotal expenses: 100.70% of revenue

2018Expense mix: 78.4% mission · 19.3% management · 2.3% fundraisingTotal expenses: 100.83% of revenue

2017Expense mix: 79.5% mission · 17.9% management · 2.6% fundraisingTotal expenses: 98.56% of revenue

Money in and money out

Revenue$31,221,272

Expenses$30,437,933

Annual surplus $783,339 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)$24,110,644 · 79.2% of expenses

Management and office costs$5,854,851 · 19.2% of expenses

Fundraising$472,438 · 1.6% of expenses

See all reported dollar amounts

Revenue$31,221,272

Expenses$30,437,933

Assets$58,359,867

Income$31,259,923

Contributions$4,785,074

Mission work (program services)$24,110,644

Fundraising$472,438

Management and general$5,854,851

Stocks and bonds$27,572,254

Accounting fees$73,324

Investing fees$93,891

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

WILLIAM S COCHRANPRESIDENT OF THE COLLEGE · 60 hrs/week $282,709Base $256,268 · Other $26,441

CURT LAIRDPROVOST & EXECUTIVE VP FOR ACADEMIC AFFAIRS · 45 hrs/week $159,538Base $147,198 · Other $12,340

BENJAMIN MAXWELLVP FOR ENROLLMENT · 45 hrs/week $140,301Base $133,620 · Other $6,681

MARTIN WOODSVP FOR FACILITIES · 45 hrs/week $139,264Base $121,098 · Other $18,166

MICHAEL CROCKERCFO · 45 hrs/week $133,316Base $122,226 · Other $11,090

JASON WOMICKVP FOR IT AND ANALYTICS · 45 hrs/week $119,140Base $100,603 · Other $18,537

JENNIFER DILLENGERVP FOR ADVANCEMENT · 45 hrs/week $118,884Base $100,466 · Other $18,418

LISA WAREVP FOR MARKETING · 45 hrs/week $115,805Base $105,365 · Other $10,440

COURTNEY SHELTONVP FOR STUDENT & PROFESSIONAL DEVELOPMENT · 45 hrs/week $112,887Base $102,797 · Other $10,090

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 (32)

WILLIAM S COCHRANPRESIDENT OF THE COLLEGE

CURT LAIRDPROVOST & EXECUTIVE VP FOR ACADEMIC AFFAIRS

BENJAMIN MAXWELLVP FOR ENROLLMENT

MARTIN WOODSVP FOR FACILITIES

MICHAEL CROCKERCFO

JASON WOMICKVP FOR IT AND ANALYTICS

JENNIFER DILLENGERVP FOR ADVANCEMENT

LISA WAREVP FOR MARKETING

COURTNEY SHELTONVP FOR STUDENT & PROFESSIONAL DEVELOPMENT

JOHN MOOREDIRECTOR

ASHLEY WILLIAMSDIRECTOR

PHILLIP BUCHHEITDIRECTOR

PAT BARBERDIRECTOR

BETH HRUBALADIRECTOR

MICHAEL ALLENDIRECTOR

BETTY MONTGOMERYDIRECTOR

MARILYN MURPHYDIRECTOR

MARGARET CLAYTONDIRECTOR

MARCOS GOMEZDIRECTOR

LANE GLAZESECRETARY

JOHN RAMSEYDIRECTOR

CHARLITA MOSSDIRECTOR

JERRY GADSDENCHAIR

ANDREW BABBDIRECTOR

HARRIET RUCKERDIRECTOR

GRANT CLOSEDIRECTOR

FRANK LEEDIRECTOR

EVELYN MIDDLETONDIRECTOR

ELAINE SMITHDIRECTOR

DARRYL OWINGSDIRECTOR

CATHERINE GRAMLINGVICE CHAIR

CLINT SETTLEDIRECTOR

About this charity

Recognized since: January 1943
Location: 1750 Powell Mill Road, Spartanburg, SC 29301
County: Spartanburg
In care of: Michael Crocker
Primary officer: Michael Crocker, CFO

How to reach them

WebsiteVisit the charity’s website Phone(864) 587-4259

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
NTEE classification: Education (B410)