EIN 54-6039600

Virginia Wesleyan University

IRS 501(c) type
501(c)(3)
Num. employees
644
Year formed
1961
Most recent tax filings
2024-06-01
Description
The mission of Virginia Wesleyan is to engage students of diverse ages, religions, and backgrounds in a rigorous liberal arts education that will prepare them to meet the challenges of life and career in a complex and rapidly changing world.
Also known as...
Virginia Wesleyan College
Total revenues
$85,908,965
2024
Total expenses
$72,442,976
2024
Total assets
$249,665,547
2024
Num. employees
644
2024

Program areas at Virginia Wesleyan University

Educational and general expenses to include instructional services, public services, plant operations and student aid. For approximately 1,600 traditional students and 3,100 continuing education learners enrolled in fiscal year 2024 with 241 students graduating with baccalaureate degrees and 38 students graduating with graduate degrees.
Auxilary enterprises to include residence halls, dining hall and conference facilities.

Who funds Virginia Wesleyan University

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Goode Family FoundationSupport Recipient's Tax-Exempt Program$500,000
The Blocker FoundationGeneral Operating$500,000
Lettie Pate Whitehead FoundationFor General Scholarship Support.$282,480
...and 22 more grants received totalling $1,834,152

Financials for Virginia Wesleyan University

RevenuesFYE 06/2024
Total grants, contributions, etc.$28,178,484
Program services$54,083,137
Investment income and dividends$1,670,095
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$243,498
Net gain from sale of non-inventory assets$-198,831
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$-57,937
Miscellaneous revenues$1,990,519
Total revenues$85,908,965

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Data update history
July 15, 2025
Posted financials
Added Form 990 for fiscal year 2024
July 14, 2025
Updated personnel
Identified 6 new personnel
May 28, 2025
Received grants
Identified 5 new grant, including a grant for $144,509 from Virginia Foundation for Independent Colleges (VFIC)
January 18, 2025
Received grants
Identified 7 new grant, including a grant for $500,000 from The Blocker Foundation
October 23, 2024
Received grants
Identified 3 new grant, including a grant for $30,000 from Texas Instruments Foundation
Nonprofit Types
SchoolsHigher ed institutions
Issues
Education
Characteristics
ChristianReligiousPolitical advocacyLobbyingOperates internationallyState / local levelReceives government fundingEndowed supportProvides scholarshipsTax deductible donationsAccepts online donations
General information
Address
5817 Wesleyan Dr
Virginia Beach, VA 23455
Metro area
Virginia Beach-Norfolk-Newport News, VA-NC
County
Virginia Beach city, VA
Website URL
vwu.edu 
Phone
(757) 455-3200
Facebook page
vawesleyan 
Twitter profile
@vawesleyan 
IRS details
EIN
54-6039600
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1961
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B42: Undergraduate College (4-year)
NAICS code, primary
611310: Colleges, Universities, and Professional Schools
Parent/child status
Independent
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