Creighton University

Analysis

Creighton University is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in April 1935, 91 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, Creighton University reported income of $695.4m and spending of $605.8m, spending 87% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $567.7m to $695.4m (+22%), an average of +7.0% a year. The sharpest change came in the year to June 2021, when income rose by 16%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Creighton University sits at the 100th 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 NE. Charities of a similar size with the same main cause include Lehigh University ($695.4m), Chapman University ($697.6m) and McPherson College ($690.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 15% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $3.3m (0.5% of expenses). Other salaries and wages came to $233.8m. It paid $5,500 in professional fundraising fees. At year end it held assets of $1.87bn against liabilities of $439.0m, net assets of $1.43bn. It reported 6,078 employees.