Elon University

Elon, NC, US
501(c)(3)
EIN
56-0532303
School
Elon, NC, US
501(c)(3)
EIN
56-0532303
School

Overview

Sign up for

Est.

1889

Fiscal Year Start

Jun 1

Organization Type

Grantseeker
AI Summary
Was this helpful?

Elon University, a nonprofit organization with an EIN of 56-0532303, is dedicated to university education and operates with a mission to transform the mind, body, and spirit while promoting freedom of thought and liberty of conscience. With an operating budget of $315.7 million and total revenue of $413 million for the 2024 filing year, the university provides a liberal arts undergraduate curriculum and graduate programs. Notably, Elon University does not rely on a single funder for 50% or more of its revenue, ensuring a diverse financial base. More information can be found on their website at www.ELON.edu.

Mission Statement

ELON UNIVERSITY'S MISSION IS TO TRANSFORM THE MIND, BODY, AND SPIRIT AND ENCOURAGE FREEDOM OF THOUGHT AND LIBERTY OF CONSCIENCE. THE UNIVERSITY PROVIDES A LIBERAL ARTS UNDERGRADUATE CURRICULUM AND GRADUATE PROGRAMS.
Revenues

$413M

Expenses

$398.3M

Net Income:
+$14.7M
Assets

$1.2B

Liabilities

$301.6M

Net Assets:
+$905.4M
Operating Budget

$315.7M

Operating Budget by Year

Due Diligence

Are you a grantmaker?
Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
plg-image
plg-image
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
Total No. of Grants

121

Median grant size
$10K
Largest grant received
$1.6M
D
Dr Constance L Book
Board Member
T
The Rev Dr Marvin L Morgan
Board Member
T
Toni P Brown
Board Member

Frequently Asked Questions

What is Elon University’s budget?
In 2024, Elon University reported an annual operating budget of around $315.7 million. More detailed financial information is available to registered users.
What causes does Elon University support?
Elon University supports work in University education.
Where does Elon University operate?
Elon University is headquartered in Elon, NC.
Who funded Elon University recently?
In 2025, Elon University received grants from THE CANNON FOUNDATION INC, AMERICAN ONLINE GIVING FOUNDATION INC, and ALGERNON SYDNEY SULLIVAN FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant Elon University received in 2024?
The largest grant to Elon University in 2024 exceeds $1.6 million.
What is Elon University’s reliance on government grants?
Elon University relied on government grants for less than 5% of their total revenue in 2024.
Overview
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)