Aurora University

Analysis

Aurora University is a registered charity in United States, based in Aurora, IL. It received its IRS tax-exemption ruling in September 1941, 85 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 June 2023, Aurora University reported income of $172.8m and spending of $165.3m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $142.4m to $172.8m (+21%), an average of +5.0% a year. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Aurora 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 100th percentile, and in the 100th percentile within IL. Charities of a similar size with the same main cause include Pensacola Christian College Inc ($172.6m), Philadelphia College of Osteopathic Medicine ($173.2m) and Ohio Northern University ($172.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 20% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $1.2m (0.7% of expenses). Other salaries and wages came to $43.9m. At year end it held assets of $243.8m against liabilities of $63.1m, net assets of $180.7m. It reported 1,862 employees.