Charity Search / ASBURY COLLEGE
Education (B420) IRS Verified DX Registered 990 on File

ASBURY COLLEGE

EIN: 61-0458355 · WILMORE, KY 40390-1152 · United States · FY 2025 Data
3 out of 5 59 / 100 Based on 2+ years of filings
Financial strength (30%) 91/100
Reliability (20%) 100/100
Effectiveness (25%) 93/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 9/13/2026
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28
CharityAI™ Score
out of 100
Mission Statement

The mission of Asbury University, as a Christian Liberal Arts University in the Wesleyan-Holiness tradition, is to equip men and women, through a commitment to academic excellence and spiritual vitality, for a lifetime of learning, leadership and service to the professions, society, the family and the Church, thereby preparing them to engage their cultures and advance the cause of Christ around the world.

Financial Overview — FY 2025
$64.0M
Total Revenue
$64.4M
Total Expenses
$174.5M
Net Assets
1244
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 87.9%
Fundraising Efficiency N/A
Operating Reserve 32.51x
Liability-to-Asset 8.4%
Revenue Diversification 79.9%
Executive Compensation $1.0M
Compared with Peers
FY 2025
Compared with 1,600 similar organizations (United States, Education, $10M–$100M in expenses), FY 2025.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
87.9% 84.4%
P10P90
Above median
Admin expense ratio
Management and general / total expenses · lower is better
9.0% 13.6%
P10P90
Above median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
3.1% 0.5%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
32.5 mo 10.5 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
8.4% 32.5%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
79.9% 88.2%
P10P90
Above median
Surplus margin
Surplus as a share of revenue
-0.6% 3.2%
P10P90
CharityAI™ Evaluation — 2026
28 / 100
0
Financial
80
Reliability
38
Effectiveness
10
Impact
Financial Strength (30%) 0
Reliability & Transparency (20%) 80
Program Effectiveness (25%) 38
Impact & Outcomes (25%) 10

IRS Verified DX Verified 100% Data Complete
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $64.0M $64.4M $174.5M 87.9% 1244
2023 $61.7M $58.6M $161.9M 87.7% 1193
2022 $69.4M $56.3M $155.9M 86.8% 1200
2021 $73.0M $54.7M N/A 1217
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Organization Details
EIN
61-0458355
State
KY
City
WILMORE
ZIP
40390-1152
Classification
B420
Category
Education
Rating
3★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
1890
Foundation Code
11
Form 990
On File
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