MONTREAT COLLEGE

MONTREAT, NC, 287570121 (828) 669-8012 Est. 1947 EIN 56-0543261

B42Z - Education 990 - Public charity return 501(c)(3)

www.montreat.edu

Mission

MONTREAT COLLEGE IS AN INDEPENDENT, CHRIST-CENTERED, LIBERAL ARTS INSTITUTION THAT EDUCATES STUDENTS THROUGH INTELLECTUAL INQUIRY, SPIRITUAL FORMATION, AND PREPARATION FOR CALLING AND CAREER.

Financials

Total Revenue

$42,925,388

Total Expenses

$43,796,854

Net Assets

$64,793,216

331 employees 60 volunteers

From latest filing (tax period ending 2025-06-30)

Financial Health

Operating Reserve

17.8 months Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↓ 15.0%

Expenses ↑ 9.2%

Revenue Sources

Contributions 18.0% Earned revenue 78.7% Investment 1.4% Other 2.0%

Expense Breakdown

Program 86.7% Management 11.1% Fundraising 2.2%

Officers & Key Employees (29)

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Grants Received (206)

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Filing History (7 filings)

Year	Revenue	Expenses	Net Assets
2024 990 - Public charity return Jul 1, 2024 to Jun 30, 2025	$42,925,388 ↓	$43,796,854	$64,793,216
2023 990 - Public charity return Jul 1, 2023 to Jun 30, 2024	$50,474,167 ↓	$40,105,166	$62,404,938
2022 990 - Public charity return Jul 1, 2022 to Jun 30, 2023	$54,006,517 ↓	$41,975,471	$54,790,226
2021 990 - Public charity return Jul 1, 2021 to Jun 30, 2022	$59,160,491 ↑	$40,102,921	$42,660,870
2020 990 - Public charity return Jul 1, 2020 to Jun 30, 2021	$39,329,808 ↑	$32,731,974	$23,738,758
2019 990 - Public charity return Jul 1, 2019 to Jun 30, 2020	$27,425,587 ↑	$27,982,597	$16,766,167
2017 990 - Public charity return Jul 1, 2017 to Jun 30, 2018	$26,025,705	$25,177,177	$16,858,942