Pfeiffer University

Analysis

Pfeiffer University is a registered charity in United States, based in Misenheimer, NC. It received its IRS tax-exemption ruling in February 1940, 86 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, Pfeiffer University reported income of $44.1m and spending of $43.4m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $41.1m to $44.1m (+7.4%), an average of +1.8% a year. The sharpest change came in the year to June 2020, when income rose by 16%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pfeiffer University sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NC. Charities of a similar size with the same main cause include Logan University ($44.0m), Windward School ($44.1m) and Sweet Briar Institute ($43.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $1.3m (3.1% of expenses). Other salaries and wages came to $10.0m. At year end it held assets of $72.0m against liabilities of $43.9m, net assets of $28.1m. It reported 291 employees.