Evangel University of the Assemblies of God

Analysis

Evangel University of the Assemblies of God is a registered charity in United States, based in Springfield, MO. It received its IRS tax-exemption ruling in May 2019, 7 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 April 2023, Evangel University of the Assemblies of God reported income of $75.2m and spending of $63.8m, spending 85% of its income. Across the 5 years on record, from April 2019 to April 2023, income grew from $53.2m to $75.2m (+41%), an average of +9.0% a year. The sharpest change came in the year to April 2021, when income rose by 16%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Evangel University of the Assemblies of God sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within MO. Charities of a similar size with the same main cause include Trustees of Deerfield Academy ($75.1m), McDonogh School Incorporated ($75.3m) and Georgia State University Foundation Inc ($75.1m).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 31% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $737k (1.2% of expenses). Other salaries and wages came to $18.5m. It paid $404k in professional fundraising fees. At year end it held assets of $103.7m against liabilities of $43.0m, net assets of $60.8m. It reported 1,210 employees.