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PRESBYTERIAN COLLEGE

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Public IRS 990 nonprofit record

PRESBYTERIAN COLLEGE

EIN 57-0314408 · Housing & Shelter (L20Z)

What they do

OFFER A RIGOROUS EDUCATION WITH A BUILT-IN SUPPORT NETWORK. (SEE SCHED O)PROFESSORS, STUDENTS, ADMINISTRATORS - WE ALL WORK TOGETHER to HELP EACH OTHER SUCCEED. WE WANT OUR STUDENTS to BE ADVENTUROUS and SUCCESSFUL; COMPETITIVE and COMPASSIONATE. WE WORK AS A COMMUNITY, INSPIRING OUR STUDENTS to LEARN, and to VALUE SERVICE ALONG THE WAY.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $90.30 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 leaders41 people are listed in the latest report.

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

Money made simple

94.58%of revenue went to mission work90.3% of expenses · Program services
1.71%of revenue went to fundraising1.6% of expenses
$104.74spent for every $100 of revenueSpending was higher than revenue this year.
8.45%of revenue went to management and office costs8.1% of expenses
$2.14in assets for every $1 spent this yearSome assets cannot be spent right away.
8.5%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

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

Worth asking: Expenses exceeded revenue by $3,630,691 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $354,463 for ANITA GUSTAFSON (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.

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$76,670,174
Mission workProgram services$72,515,09194.58% of revenue90.3% of expenses
ManagementOffice and general costs$6,475,2898.45% of revenue8.1% of expenses
FundraisingAsking for donations$1,310,4851.71% of revenue1.6% of expenses
Total expenses$80,300,865104.74% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

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: 90.3% mission · 8.1% management · 1.6% fundraisingTotal expenses: 104.74% of revenue
2023Expense mix: 89.6% mission · 8.9% management · 1.5% fundraisingTotal expenses: 111.29% of revenue
2022Expense mix: 85.8% mission · 13.0% management · 1.3% fundraisingTotal expenses: 113.94% of revenue
2021Expense mix: 85.8% mission · 12.2% management · 2.0% fundraisingTotal expenses: 84.42% of revenue
2020Expense mix: 87.2% mission · 11.1% management · 1.7% fundraisingTotal expenses: 83.99% of revenue
2019Expense mix: 89.7% mission · 8.4% management · 1.9% fundraisingTotal expenses: 100.59% of revenue
2018Expense mix: 89.7% mission · 8.7% management · 1.6% fundraisingTotal expenses: 110.46% of revenue
2017Expense mix: 89.4% mission · 8.9% management · 1.7% fundraisingTotal expenses: 94.36% of revenue

Money in and money out

Revenue$76,670,174
Expenses$80,300,865
Annual shortfall $3,630,691 Expenses were higher than revenue 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)$72,515,091 · 90.3% of expenses
Management and office costs$6,475,289 · 8.1% of expenses
Fundraising$1,310,485 · 1.6% of expenses
See all reported dollar amounts
Revenue$76,670,174
Expenses$80,300,865
Assets$171,827,108
Income$106,681,210
Contributions$6,532,237
Mission work (program services)$72,515,091
Fundraising$1,310,485
Grants given$6,448,171
Average grant$3,224,086
Management and general$6,475,289
Stocks and bonds$80,122,761
Accounting fees$145,045
Investing fees$549,778
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
ANITA GUSTAFSONPRESIDENT · 38 hrs/week $354,463Base $305,556 · Other $48,907
STEVE ENGLEHARTHEAD FOOTBALL COACH · 38 hrs/week $187,134Base $161,529 · Other $25,605
KAYCE SHEALY ASSOC DEAN FORACADEMIC AFFAIRS-PHARMACY SCH · 38 hrs/week $187,032Base $162,324 · Other $24,708
GIUSEPPE GUMINADEAN - SCHOOL OF PHARMACY · 38 hrs/week $183,889Base $165,441 · Other $18,448
FRANCIS SCHODOWSKIVP - ADVANCEMENT · 38 hrs/week $165,186Base $135,106 · Other $30,080
DEE NICHOLSATHLETIC DIRECTOR · 38 hrs/week $154,753Base $136,247 · Other $18,506

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 (41)

ANITA GUSTAFSONPRESIDENT

STEVE ENGLEHARTHEAD FOOTBALL COACH

KAYCE SHEALY ASSOC DEAN FORACADEMIC AFFAIRS-PHARMACY SCH

GIUSEPPE GUMINADEAN - SCHOOL OF PHARMACY

FRANCIS SCHODOWSKIVP - ADVANCEMENT

DEE NICHOLSATHLETIC DIRECTOR

RUTH ROPERBOARD CHAIR

WILLIE COOPERTRUSTEE

LOUISE SLATERBOARD SECRETARY (PART YEAR)

WHITNEY HARRISONTRUSTEE

LUMUS BYRDTRUSTEE

NATHAN SENNTRUSTEE

PAUL GRIERTRUSTEE

ROBERT THOMASTRUSTEE

ROBIN BORENTRUSTEE

TED PITTSTRUSTEE (PART YEAR)

SARA HAZZARDTRUSTEE

WES NALLEYTRUSTEE

JOHN INMANTRUSTEE

STAN REIDTRUSTEE (PART YEAR)

STEVE CROWETRUSTEE

TOM FREETRUSTEE

STEVE SMITHTRUSTEE

FLOYD NICHOLSONBOARD SECRETARY

ANN TAYLOR MORGANTRUSTEE

BRAD BRYANTTRUSTEE (PART YEAR)

BRAD SPEARMANTRUSTEE

BRANDI CASTO-WATERSTRUSTEE

CHAD PRASHADTRUSTEE

DANIEL HALL INTERIM VP -FINANCE & ADMINISTRATION

DANNY MURPHYTRUSTEE

EG LASSITERBOARD VICE CHAIR (PART YEAR)

JORDAN YOUNGTRUSTEE

GREGG FRIERSONTRUSTEE

HARTWELL DEWTRUSTEE (PART YEAR)

HOLBROOK RAYNALTRUSTEE

JERI PARRIS-PERKINSTRUSTEE (PART YEAR)

JIMMY SAINTRUSTEE

JOHN BREARLEYBOARD VICE CHAIR

JOHN DANDREATRUSTEE

JOHN JESELNIKTRUSTEE

About this charity

Recognized since
January 1944
Location
503 S BROAD ST, CLINTON, SC 29325-2865
County
Laurens
In care of
% DANIEL B HALL
Primary officer
WILLIE COOPER, CHAIR OF AUDIT COMMITTEE

How to reach them

WebsiteVisit the charity’s website Phone(864) 833-8477

Filing and classification

Latest tax year
2024
Tax period began
July 1, 2024
Return type
990
Tax preparer
CRI CAPIN CROUSE ADVISORS LLC
NTEE classification
Housing & Shelter (L20Z)
Grant-giving organization
Yes

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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