UNIVERSITY OF MOUNT OLIVE INC

MOUNT OLIVE, NC, 28365 (919) 658-2502 Est. 1951 EIN 56-0623936

B420 - Education 990 - Public charity return 501(c)(3)

www.umo.edu

Mission

UNIVERSITY OF MOUNT OLIVE, INC. IS A CHRISTIAN FAITH-BASED, VALUES CENTERED PRIVATE INSTITUTION ROOTED IN THE LIBERAL ARTS TRADITION. WE SERVE OUR STUDENTS, OUR FOUNDING CHURCH, AND OUR COMMUNITIES.

Financials

Total Revenue

$60,674,207

Total Expenses

$50,592,432

Net Assets

$97,846,706

600 employees 215 volunteers

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

Financial Health

Operating Reserve

23.2 months Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 19.9%

Expenses ↑ 3.2%

Revenue Sources

Contributions 20.7% Earned revenue 74.5% Investment 4.9%

Expense Breakdown

Program 78.1% Management 20.2% Fundraising 1.7%

Officers & Key Employees (36)

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Grants Received (142)

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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	$60,674,207 ↑	$50,592,432	$97,846,706
2023 990 - Public charity return Jul 1, 2023 to Jun 30, 2024	$50,616,977 ↑	$49,017,880	$83,429,354
2022 990 - Public charity return Jul 1, 2022 to Jun 30, 2023	$50,389,774 ↓	$47,108,899	$73,548,366
2021 990 - Public charity return Jul 1, 2021 to Jun 30, 2022	$62,113,692 ↑	$52,274,279	$65,538,470
2020 990 - Public charity return Jul 1, 2020 to Jun 30, 2021	$52,108,039 ↓	$47,876,675	$61,516,734
2019 990 - Public charity return Jul 1, 2019 to Jun 30, 2020	$52,512,412 ↑	$50,682,415	$49,463,492
2017 990 - Public charity return Jul 1, 2017 to Jun 30, 2018	$51,508,567	$53,221,855	$49,725,724