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Filing year 2023

WOFFORD COLLEGE

Spartanburg, South Carolina·EIN 57-0314422·501(c)(3)
Total revenue
$171.4M
Total assets
$761M
Total expenses
$157.5M
Reported officers
38
Mission

THE PURPOSE OF WOFFORD COLLEGE IS TO FUNCTION AS A LIBERAL ARTS INSTITUTION OF SUPERIOR QUALITY. ITS CHIEF CONCERN IS THE DEVELOPMENT OF AN INTELLECTUAL, SPIRITUAL, AND AESTHETIC ATMOSPHERE IN WHICH SERIOUS AND INQUIRING MINDS OF STUDENTS AND FACULTY ALIKE WILL BE CHALLENGED TO A COMMON SEARCH FOR TRUTH AND FREEDOM, WHEREVER THAT SEARCH MAY LEAD, AND IN WHICH EACH PERSON MAY BECOME AWARE OF HIS OR HER OWN INDIVIDUAL WORTH, WHILE ASPIRING TO HIGH STANDARDS OF LEARNING AND MORALITY. IN SUCH AN ENVIRONMENT ALL MEMBERS OF THE WOFFORD COMMUNITY SHOULD DEVELOP INTELLECTUAL CURIOSITY, INDEPENDENCE OF THOUGHT, MATURITY OF JUDGMENT, SELF-DISCIPLINE, RELIGIOUS FAITH, AND MORAL CHARACTER SO THAT THEY WILL BE EVER SENSITIVE TO THE DUTIES AND RESPONSIBILITIES OF GOOD CITIZENSHIP AND RENDER EFFECTIVE LEADERSHIP AND GENEROUS SERVICE TO THE COMMUNITIES IN WHICH THEY LIVE. THIS CONCEPT OF LIBERAL EDUCATION IS IN HARMONY WITH THE IDEALS OF THE UNITED METHODIST CHURCH, TO WHICH THE COLLEGE IS RELATED.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 8 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

President
Above 90th percentile
$839k
$917k
Base
$496k
Bonus
Other
Benefits
$44k
Head Football Coach
Highest Compensated Employee
75th to 90th percentile
$326k
$356k
Base
$283k
Bonus
Other
Benefits
$14k
VP of Philanthropy & Engagement
Board Vice President
75th to 90th percentile
$252k
$275k
Base
$213k
Bonus
Other
Benefits
$17k
Chief Financial Officer
75th to 90th percentile
$229k
$250k
Base
$192k
Bonus
Other
Benefits
$17k
Head Basketball Coach
Highest Compensated Employee
Median to 75th percentile
$207k
$226k
Base
$182k
Bonus
Other
Benefits
$7k
Dean of Student Success
Highest Compensated Employee
Median to 75th percentile
$198k
$216k
Base
$174k
Bonus
Other
Benefits
$8k
Provost
Officer (Unspecified)
$194k
$212k
Base
$169k
Bonus
Other
Benefits
$8k
Director of Athletics
Highest Compensated Employee
Median to 75th percentile
$189k
$206k
Base
$164k
Bonus
Other
Benefits
$8k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 30 unpaid individuals.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 4%
from 2022

From $805k in 2022 to $839k in 2023.

$805k
2022
$839k
2023
In today's dollarsEst.
Roughly flat in real terms$919k to $917k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 4% from 2022 to 2023, while revenue rose 24%.

$805k in 2022 to $839k in 2023.
  • Highest Compensated Employee pay fell 27% from 2022 to 2023.
  • Board Vice President pay rose 6% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

WOFFORD COLLEGE reported revenue and expenses across 2 filing years.

RevenueExpenses
$138.5M
$147M
2022
$171.4M
$157.5M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about WOFFORD COLLEGE

What does the Chief Executive Officer of WOFFORD COLLEGE earn?

In 2023, the Chief Executive Officer of WOFFORD COLLEGE received $839,498 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at WOFFORD COLLEGE compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at WOFFORD COLLEGE falls in the top 10%.

What are WOFFORD COLLEGE's revenue and expenses?

In 2023, WOFFORD COLLEGE reported $171.4M in total revenue and $157.5M in total expenses on its IRS Form 990.

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