CHARLESTON SOUTHERN UNIVERSITY

Financials

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended May 31, 2025, highest compensation first.

Address and contacts

Address (IRS master file)

9200 UNIVERSITY BLVD, N CHARLESTON, SC 29406-9121

Principal officer (990 for 2024)

B KEITH FAULKNER, PO BOX 118087, CHARLESTON, SC 294238087

Signed the 990

SHANNON MORRISON, VP FOR FINANCE/CFO

Phone

(843) 863-8000

Website

WWW.CSUNIV.EDU

Return prepared by

CRI CAPIN CROUSE ADVISORS LLC

Mission

CHARLESTON SOUTHERN UNIVERSITY (CSU) IS A PRIVATE, FOUR-YEAR CO-EDUCATIONAL INSTITUTION ORGANIZED UNDER THE LAWS OF THE STATE OF SOUTH CAROLINA AS A NON-PROFIT ORGANIZATION AND SPONSORED BY THE SOUTH CAROLINA BAPTIST CONVENTION. THE UNIVERSITY'S MISSION IS TO PROMOTE ACADEMIC EXCELLENCE IN A CHRISTIAN ENVIRONMENT.

Program accomplishments

• INSTRUCTION: FOR THE FISCAL YEAR 2024-25, ENROLLMENT WAS 3866 UNDERGRADUATE AND GRADUATE STUDENTS COMPLETING TRADITIONAL, ONLINE, AND HYBRID COURSES. 792 DEGREES (614 UNDERGRADUATE, 178 GRADUATE AND DOCTORAL) WERE CONFERRED DURING THE YEAR, AND THE TOTAL NUMBER OF FULL-TIME PROFESSORS WAS 198 INCLUDING DEANS AND ADMINISTRATIVE APPOINTEES. WE OFFERED 75 UNDERGRADUATE DEGREES/CONCENTRATIONS AND 29 GRADUATE DEGREE/CONCENTRATIONS PROGRAMS. CHARLESTON SOUTHERN UNIVERSITY IS REGIONALLY ACCREDITED BY THE SOUTHERN ASSOCIATION OF COLLEGES AND SCHOOLS COMMISSION ON COLLEGES (SACSCOC), WHOSE MISSION IS TO "ASSURE THE EDUCATIONAL QUALITY AND IMPROVE THE EFFECTIVENESS OF ITS MEMBER INSTITUTIONS". CSU IS IN GOOD STANDING WITH SACSCOC AND OUR NEXT SACSCOC FULL 10-YEAR REVIEW WILL OCCUR IN 2026-27. CSU OFFERED 3712 COURSES INCLUDING ONLINE AND GRADUATE COURSES DURING THE 2024-2025 ACADEMIC YEAR. THE UNIVERSITY EXPERIENCED A SIGNIFICANT RETURN OF FULL-TIME TRADITIONAL STUDENTS WHILE EXPANDING PROGRAM OFFERINGS FOR NON-TRADITIONAL STUDENTS. DEANS, SENIOR ADMINISTRATORS, AND FACULTY MEMBERS ARE CONTINUALLY IN TOUCH WITH LOCAL EMPLOYERS, MANY OF WHOM SERVE ON OUR ADVISORY BOARDS FOR THE VARIOUS COLLEGES AND DIVISIONS, INCLUDING BUSINESS, EDUCATION, NURSING, AND COMPUTER SCIENCE. CSU CONTINUES TO DEVELOP NEW PROGRAMS TO INCREASE WORKFORCE READINESS THROUGH INTERNSHIPS. AS THE PREFERENCE FOR REMOTE WORKING CONTINUES, WE HAVE FOUND MORE EMPLOYERS ARE SEEKING TO ENROLL THEIR EMPLOYEES IN ONLINE CLASSES TO ENHANCE THEIR MASTERY OF TECHNOLOGY VIA THE INTERNET. WE CONTINUE TO INCREASE THE ENROLLMENT IN OUR BS IN AERONAUTICS DEGREE PROGRAM. WE CURRENTLY HAVE 172 STUDENTS TAKING THESE CLASSES. WE CONTINUE TO REVIEW THEIR INTEREST LEVELS IN SPECIFIC AREAS AND HAVE UPFITTED AN ON-CAMPUS SIMULATION LAB AND INSTRUCTIONAL SPACES FOR THE LARGE NUMBER OF STUDENTS INTERESTED IN PURSUING THIS DEGREE. THE PHYSICAL THERAPY PROGRAM CONTINUES TO GROW WITH A NEW COHORT OF 48 STUDENTS ENTERING THE PROGRAM EACH MAY. THE HEALTH SCIENCE BUILDING WAS FITTED WITH THE APPROPRIATE EQUIPMENT IN THE LABORATORIES AND CLASSROOMS THAT WILL ENHANCE THE ABILITIES TO CONDUCT RESEARCH AND PRACTICE NEW SKILLS. SIMILARLY, THE PHYSICIAN ASSISTANT PROGRAM CONTINUES TO BE A GROWING PROGRAM WITH HIGH LEVELS OF COMPETITION FOR ADMISSION. CSU FACULTY AND STAFF REMAIN INVOLVED WITH THE TRIDENT ADVISORY BOARD, TRIDENT UNITED WAY LITERACY PROGRAM, THE LOWCOUNTRY STEM COLLABORATIVE, AND THE CHARLESTON METRO CHAMBER OF COMMERCE, AND CONTINUE TO INCREASE OUR OPPORTUNITIES TO BUILD PARTNERSHIPS WITH INTERNATIONAL COMPANIES WHO HAVE A LOCAL PRESENCE. THE COLLEGE OF EDUCATION HAS ALSO PARTNERED WITH THE LOCAL SCHOOL DISTRICTS TO PROVIDE NEEDED EXPANSION OF PROGRAMS AND CERTIFICATE OPPORTUNITIES TO BETTER SERVE THE REGION. THE TEACHER CADET PROGRAM REMAINS ONE OF THE LARGEST PROGRAMS IN THE STATE.
  Expenses $78,884,346 · grants $45,269,114 · revenue $99,222,063
• STUDENT SERVICES: CONSISTS OF CAMPUS MINISTRIES, RESIDENCE LIFE, CAREER SERVICES, STUDENT ACTIVITIES, COUNSELING SERVICES, CAMPUS RECREATION, CAMPUS SECURITY, AND TITLE IX. THE ENROLLMENT SERVICES OFFICE IS HOUSED IN THE HUNTER CENTER. ENROLLMENT SERVICES IS COMPRISED OF THE FOLLOWING: ADMISSIONS (UNDERGRADUATE AND GRADUATE), FINANCIAL AID, STUDENT ACCOUNTS, VA SERVICES, ENROLLMENT OPERATIONS, THE CASHIER'S OFFICE, AND THE REGISTRAR'S OFFICE. THE ENROLLMENT SERVICES OFFICE HANDLES ALL UNDERGRADUATE AND GRADUATE RECRUITING. THE ADMISSIONS OFFICE HANDLES MULTIPLE COMMUNICATION CHANNELS FOR MORE THAN 40,000 PROSPECTIVE STUDENTS ANNUALLY, RESULTING IN MORE THAN 1,400 NEW STUDENTS EACH YEAR. THE FINANCIAL AID OFFICE PROCESSED MORE THAN $100 MILLION OF FEDERAL, STATE, AND INSTITUTIONAL FINANCIAL AID FOR MORE THAN 3,300 STUDENTS DURING THE 2024-2025 ACADEMIC YEAR. APPROXIMATELY NINETY-SEVEN PERCENT OF THE UNIVERSITY'S UNDERGRADUATE POPULATION RECEIVES SOME TYPE OF FINANCIAL ASSISTANCE. CHARLESTON SOUTHERN HAS BEEN RECOGNIZED FOR THE FOLLOWING: ONE OF AMERICA'S 100 BEST COLLEGE BUYS, A COLLEGE OF DISTINCTION, ONE OF AMERICA'S BEST CHRISTIAN COLLEGES, AND A U.S. NEWS AND WORLD REPORT BEST ONLINE COLLEGE. THE UNIVERSITY CONTINUES TO PROMOTE ACADEMIC EXCELLENCE IN A CHRISTIAN ENVIRONMENT. IN ADDITION, CSU IS PROUD OF ITS CONSISTENT SUPPORT OF VETERANS AND MILITARY AFFILIATED STUDENTS. THE SCHOOL GENEROUSLY PARTICIPATES IN THE YELLOW RIBBON PROGRAM, PROVIDING ADDITIONAL FUNDING FOR STUDENTS USING THE POST 9/11 GI BILL. OVER 500 VETERANS AND DEPENDENTS UTILIZED VETERAN EDUCATION BENEFITS AT CHARLESTON SOUTHERN UNIVERSITY DURING THE 2024-25 ACADEMIC YEAR. CONSISTENT PARTICIPATION IN THE DOD MEMORANDUM OF UNDERSTANDING AND PRINCIPLES OF EXCELLENCE PROGRAMS DEMONSTRATES CSU'S COMMITMENT TO THE MILITARY COMMUNITY.
  Expenses $20,205,506 · revenue $4,300,221
• AUXILIARY ENTERPRISES: THE UNIVERSITY'S AUXILIARY ENTERPRISES CONSIST PRIMARILY OF RESIDENCE LIFE, CAMPUS DINING SERVICES, THE CAMPUS BOOKSTORE, AND CONFERENCE AND CAMP OPERATIONS THAT SUPPORT STUDENTS, FACULTY, STAFF, AND EXTERNAL GROUPS.DINING SERVICES - INCLUDING THE MAIN DINING HALL, JAVA CITY, BUC STOP DINER, AND CHICK-FIL-A EXPRESS - ARE OPERATED AND MANAGED BY ARAMARK. THE CAMPUS BOOKSTORE IS OPERATED AND MANAGED BY SLINGSHOT.DURING THE SUMMER MONTHS, THE UNIVERSITY HOSTS EXTERNAL YOUTH AND CHURCH-AFFILIATED CAMPS AND CONFERENCES, INCLUDING PARTNERSHIPS WITH THE SOUTH CAROLINA BAPTIST CONVENTION FOR ITS SUMMERSALT AND KIDSALT PROGRAMS, AS WELL AS OTHER LARGE CHURCH CAMPS. THESE PROGRAMS UTILIZE CAMPUS HOUSING, DINING, AND FACILITIES AND TYPICALLY SERVE APPROXIMATELY 3,500 - 4,000 PARTICIPANTS EACH SUMMER.THESE AUXILIARY ACTIVITIES GENERATE REVENUE THAT SUPPORTS THE UNIVERSITY'S OPERATIONS WHILE MAXIMIZING USE OF CAMPUS FACILITIES OUTSIDE THE ACADEMIC YEAR.
  Expenses $12,000,172 · revenue $12,877,350
• ACADEMIC SUPPORT: THE UNIVERSITY LIBRARY (APPROXIMATELY 250,000 VOLUMES HELD) PROVIDES ONLINE AND IN-PERSON SUPPORT FOR THE PRINCIPAL ACADEMIC DIVISIONS. THE L. MENDEL RIVERS LIBRARY INCLUDES A COFFEEHOUSE, JAVA CITY, ON THE MAIN FLOOR AND SEVERAL SMALL STUDY ROOMS AVAILABLE BY RESERVATION FOR STUDENTS ON THE SECOND FLOOR. CHARLESTON SOUTHERN UNIVERSITY STUDENTS MAY ACCESS THE INTERNET WITHIN LIMITATIONS TO FACILITATE DIVERSITY AND PERSONAL GROWTH IN TECHNOLOGY, INFORMATIONAL RESEARCH SKILLS, COMPLETE ONLINE CLASSES AND EXAMS, AND PRACTICE NETIQUETTE AND ONLINE COMMUNICATION SKILLS. THE LIBRARY IS ALSO A DEPOSITORY OF US GOVERNMENT DOCUMENTS, A MEMBER OF PASCAL, THE STATEWIDE ACADEMIC LIBRARY CONSORTIUM, AND PROVIDES FREE RESEARCH AND INSTRUCTIONAL SERVICES TO STUDENTS, FACULTY, STAFF, AND GUESTS. INTERNET ACCESS IS PROVIDED FREE OF CHARGE TO ALL STUDENTS IN THE COMPUTER LABS AND LIBRARY EXCEPT FOR PRE-DETERMINED LAB FEES THAT ARE REQUIRED FOR SOME CLASSES. CSU IS A COMPLETELY WIRELESS CAMPUS, PROVIDING ACCESS IN THE RESIDENCE HALLS FOR ALL REGISTERED RESIDENT STUDENTS. WE CONTINUE TO INCREASE THE NUMBER OF E-BOOKS AND ELECTRONIC DATABASES AS MORE OF THE ACADEMIC LITERATURE IS BECOMING AVAILABLE ONLINE RATHER THAN IN PRINTED FORMAT. EVERY STUDENT, STAFF, AND FACULTY MEMBER HAVE FULL ACCESS TO CLASSROOM TOOLS TO FACILITATE STUDY INDIVIDUALLY OR IN GROUPS AS WELL AS ATTEND CLASSES VIRTUALLY. THE REFERENCE DESK IS ALWAYS STAFFED IN PERSON AND ONLINE FOR STUDENT ASSISTANCE AND OUR LIBRARY STAFF ARE ALL CREDENTIALED AND GRANTED FACULTY STATUS.
  Expenses $2,605,945 · revenue $23,574

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in May, so each return is due on the 15th day of the 5th month after that.

IRS record

EIN

57-0474291

Tax-exempt status

501(c)(3): Charitable, religious, educational or scientific organization

Foundation status

School

Donations deductible (Pub 78)

Public charity, 50% deduction limit

Exempt since

1964

Accounting year ends

May

Files

Form 990 or 990-EZ

Category (NTEE)

Education (B430)

Assets (IRS master file)

$237,633,217

Income (IRS master file)

$134,347,435

Filing history

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 57-0474291).

Questions about CHARLESTON SOUTHERN UNIVERSITY

What is the EIN of CHARLESTON SOUTHERN UNIVERSITY?

The employer identification number (EIN) of CHARLESTON SOUTHERN UNIVERSITY is 57-0474291.

Is CHARLESTON SOUTHERN UNIVERSITY tax-exempt?

Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1964.

Are donations to CHARLESTON SOUTHERN UNIVERSITY tax-deductible?

Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).

Which annual return does CHARLESTON SOUTHERN UNIVERSITY file?

Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.

When is the next return of CHARLESTON SOUTHERN UNIVERSITY due?

The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.

When did CHARLESTON SOUTHERN UNIVERSITY last file with the IRS?

The latest return in the IRS public files is the 990 for the year ended May 2025.

Who is the principal officer of CHARLESTON SOUTHERN UNIVERSITY?

The 990 for the year ended May 31, 2025 names B KEITH FAULKNER.

Who are the officers and directors of CHARLESTON SOUTHERN UNIVERSITY?

The 990 for the year ended May 31, 2025 lists 45 people; 15 received compensation from the organization, the highest $400,161 (B KEITH FAULKNER, PRESIDENT).

How much revenue does CHARLESTON SOUTHERN UNIVERSITY have?

On its 990 for the year ended May 31, 2025 it reported revenue of $125,239,964, expenses of $124,064,520 and total assets of $237,633,217 at year end.

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