Taylor University

Analysis

Taylor University is a registered charity in United States, based in Upland, IN. It received its IRS tax-exemption ruling in March 1953, 73 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Taylor University reported income of $130.4m and spending of $108.6m, spending 83% of its income. Across the 4 years on record, from May 2020 to May 2023, income grew from $99.1m to $130.4m (+32%), an average of +9.6% a year. The sharpest change came in the year to May 2022, when income rose by 17%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Taylor University sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within IN. Charities of a similar size with the same main cause include Pine Crest Preparatory School Inc ($130.3m), Kipp Metro Atlanta Collaborative Inc ($130.6m) and Augsburg University ($130.1m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 28% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $1.2m (1.1% of expenses). Other salaries and wages came to $26.0m. At year end it held assets of $374.9m against liabilities of $45.6m, net assets of $329.4m. It reported 1,768 employees.