EIN 58-0593414

Young Harris College (YHC)

IRS 501(c) type
501(c)(3)
Num. employees
541
City
Young Harris
State
Year formed
1886
Most recent tax filings
2022-06-01
Description
Young Harris College is a private, residential, liberal arts institution located in the southern Appalachian region. The College is affiliated with the United Methodist Church and students from all backgrounds are welcome.
Total revenues
$48,051,925
2022
Total expenses
$47,838,061
2022
Total assets
$174,026,607
2022
Num. employees
541
2022

Program areas at YHC

Instructional - funds expended to educate students through a comprehensive liberal arts bachelor's and master's degree program delivered through innovative academic instruction. Enrollment in 2021-2022 included approximately 1,613 students. Academic offerings include accounting, art, biology, business administration, chemistry, communication studies, creative writing, economics, elementary education, english, environmental education and leadership, environmental science, finance, graphic design, history, interdisciplinary studies, management, marketing, mathematics, music, music education, musical theatre, outdoor studies, psychology, public policy, spanish, sport and recreation studies, theatre performance, theatrical design and production, and a masters of arts in teaching.
Student financial assistance - the College is committed to recruiting excellent students and helping secure the necessary and appropriate resources to meet the cost of an excellent education. The comprehensive student financial assistance program includes scholarships, grants, loans, and part-time campus employment. 100% of the students enrolled during 2021-2022 received some form of financial assistance.
Academic support - funds expended to provide faculty administration and support, faculty development opportunities, curriculum enrichment and library, student support and advising, technology, and research and planning services. These expenditures are integral to the operation and support of quality academic programs and the retention and empowerment of excellent faculty and students. Curriculum and program development expenses are recorded in this category.
Student services - funds expended for innovative programs and services which challenge students culturally, athletically and spiritually. The College strives to recruit and retain excellent students and empower them to reach their full potential. These expenditures provide support for extracurricular activities and student related services at the College which are essential to the students' well being and contribute to the quality of life outside the formal academic programs. Also, expenditures for student involvement in projects that impact the local community are included.expenses $ 6,829,884. Including grants of $ 0. Revenue $ 220,963.auxiliary services - funds expended for meal services, textbooks, and the operation, repair and maintenance of the College's residence halls, campus center and dining hall, and recreation facility.expenses $ 6,696,618. Including grants of $ 0. Revenue $ 7,908,786.

Who funds Young Harris College (YHC)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The O Wayne Rollins FoundationDr. Don Harp, JR. Recreation and Fitness Center$1,500,000
TR W I H Pitts Memorial FundGeneral Operating$1,224,568
TR Margaret PittsGeneral Charitable Support$1,187,218
...and 30 more grants received totalling $6,158,393
Federal funding details
Federal agencyProgram nameAmount
Department of EducationFEDERAL DIRECT STUDENT LOANS$4,477,375
Department of EducationFEDERAL PELL GRANT PROGRAM$1,710,512
Department of EducationCOVID-19 EDUCATION STABILIZATION FUND- HEERF STUDENT PORTION$1,297,469
...and 3 more federal grants / contracts

Personnel at YHC

NameTitleCompensation
Daniel B WrightChief Operating Officer$103,754
Wade M BensonChief Financial Officer$114,374
Ken FaneuffChief Information Officer
Mark DotsonVice President for Advancement
Laura Whitaker-Lea, Ph.D.Vice President for Student Development
...and 11 more key personnel

Financials for YHC

RevenuesFYE 06/2022
Total grants, contributions, etc.$6,737,681
Program services$35,567,062
Investment income and dividends$3,399,563
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$2,346,221
Net income from fundraising events$-12,380
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$13,778
Total revenues$48,051,925

Form 990s for YHC

Fiscal year endingDate received by IRSFormPDF link
2022-062023-05-09990View PDF
2020-062021-04-27990View PDF
2019-062020-12-01990View PDF
2018-062019-11-04990View PDF
2017-062018-06-14990View PDF
...and 7 more Form 990s

Organizations like YHC

OrganizationLocationRevenue
Wilmington CollegeWilmington, OH$36,397,348
Northwestern Media (UNWSP)Saint Paul, MN$124,304,779
Chaminade University of HonoluluHonolulu, HI$78,361,559
Indiana Wesleyan University (IWU)Marion, IN$212,201,058
Charleston Southern UniversityCharleston, SC$118,040,499
Albion CollegeAlbion, MI$122,939,198
Claflin UniversityOrangeburg, SC$90,488,927
Moravian UniversityBethlehem, PA$137,954,892
Anderson University (AU)Anderson, SC$130,183,026
Fresno Pacific University (FPU)Fresno, CA$92,044,682
Data update history
July 21, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 5, 2023
Used new vendors
Identified 8 new vendors, including , , , , , , , and
July 3, 2023
Updated personnel
Identified 8 new personnel
June 25, 2023
Updated personnel
Identified 7 new personnel
May 7, 2023
Received grants
Identified 1 new grant, including a grant for $17,000 from Johnny J Jones Foundation
Nonprofit Types
SchoolsHigher ed institutionsHeadquarter / parent organizations
Issues
Education
Characteristics
ChristianReligiousFundraising eventsOperates internationallyState / local levelReceives government fundingEndowed supportProvides scholarshipsFundraising races, competitions, and tournamentsTax deductible donations
General information
Address
PO Box 68
Young Harris, GA 30582
County
Towns County, GA
Website URL
yhc.edu/ 
Phone
(800) 241-3754
Facebook page
YoungHarrisCollege 
Twitter profile
@yh_college 
IRS details
EIN
58-0593414
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1886
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
Central organization
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