South University Member Inc: $266.7M Revenue, $253.9M Expenses
Savannah, Georgia · EIN 815128459 · Filing year 2023
South University Member Inc reported $266.7M in total revenue, $253.9M in total expenses, and $150.1M in total assets on its 2023 IRS Form 990. Total compensation for current officers and key employees was $2.3M (0.87% of revenue). NonprofitTruth efficiency grade: B (79/100).
Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.
Key Facts (2023 Form 990)
- Total Revenue
- $266.7M
- Total Expenses
- $253.9M
- Total Assets
- $150.1M
- Reserve Months
- 7.1 months
- Surplus / (Deficit)
- $12.9M
- EIN
- 815128459
- Latest 990 Year
- 2023
- Current-Officer Compensation
- $2.3M
- Officer Comp % of Revenue
- 0.87%
South University Member Inc grades a B on the NonprofitTruth efficiency rubric. 79/100 on the composite — above the national median, with strong performance on some factors balanced by middling performance on others.
Annual revenue at South University Member Inc runs $266.7M (2023), placing it among the larger U.S. nonprofits in the IRS Form 990 dataset. Financial health is a strength: South University Member Inc carries a healthy operating-reserve cushion against $253.9M in annual expenses, the kind of balance-sheet stability that helps an organization weather funding gaps without cutting programs.
Revenue has grown meaningfully across the five-year filing history — a sign of expanding donor base, new grants, or scaling programs. South University Member Inc reported $266.7M in 2023, up notably from the start of the window. Officer compensation is modest relative to organizational size: South University Member Inc reports $2.3M in total compensation for current officers and key employees (Form 990 Part IX, line 5) against $266.7M in revenue. The ratio is well within the bands third-party charity raters consider reasonable at this scale. In the Education category, South University Member Inc sits alongside universities, K-12 systems, scholarship funds, and education-research organizations. Education-sector nonprofits often hold large endowments, which affects how the reserves-and-revenue figures should be read.
How South University Member Inc Compares
South University Member Inc earns a NonprofitTruth efficiency grade of B (79/100). That is 15 points above the Education category average. Compensation for current officers and key employees represents 0.87% of total revenue. The organization holds 7.1 months of operating reserves, indicating strong financial cushion.
990 Financial Snapshot
Based on IRS tax-exempt organization data, South University Member Inc reported $266.7M in revenue against $253.9M in total functional expenses for filing year 2023, holding roughly 7.1 months of operating reserves. A program-vs-overhead split is not shown here because total program service expenses (Form 990 Part IX, line 25, column B) are not available in the ProPublica Nonprofit Explorer feed this site ingests; that breakdown can be read directly from the organization’s e-filed 990.
The 990 reports $2.3M in total compensation for current officers, directors, trustees, and key employees (Part IX, line 5) — 0.87% of total revenue. This is an aggregate across all listed officers; per-person amounts appear on Schedule J.
Revenue History
Get South University Member Inc's next Form 990 grade
Subscribe for NonprofitTruth updates by email. No spam, unsubscribe anytime.
South University Member Inc has a NonprofitTruth Efficiency Score of B (79/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.
South University Member Inc, Donor FAQ
South University Member Inc has a NonprofitTruth Efficiency Score of B (79/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.
South University Member Inc reports $2.3M in total compensation for current officers, directors, trustees, and key employees (IRS Form 990 Part IX, line 5), representing 0.87% of the organization's $266.7M in annual revenue. This is an aggregate figure for all listed officers, not a single executive's salary; per-person pay is detailed on Schedule J of the 990.
South University Member Inc reported $266.7M in annual revenue and $253.9M in total expenses for filing year 2023. The organization holds $150.1M in total assets.
South University Member Inc holds approximately 7.1 months of operating reserves (total assets relative to annual expenses) based on its 2023 IRS Form 990, one input into its B efficiency grade.
South University Member Inc is a registered 501(c) organization with EIN 815128459, based in Savannah, Georgia. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.
Similar Education Nonprofits
Explore Nonprofit Data
Financial data is sourced from IRS Form 990 filings via ProPublica Nonprofit Explorer. The Efficiency Score combines three signals the 990 feed actually reports: financial health / operating reserves (40%), multi-year revenue consistency (35%), and current-officer compensation relative to revenue (25%). It does not include a program-spending ratio, because total program service expenses are not exposed by the ProPublica feed; no program ratio is estimated. Filing data may lag 6-18 months from the tax year.