Jacksonville University

Analysis

Jacksonville University is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in June 1944, 82 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, Jacksonville University reported income of $190.9m and spending of $189.9m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $153.0m to $190.9m (+25%), an average of +5.7% a year. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Jacksonville 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 FL. Charities of a similar size with the same main cause include Calvin University ($190.9m), University of Oregon Foundation ($191.0m) and Lewis University ($189.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $1.8m (0.9% of expenses). Other salaries and wages came to $48.1m. At year end it held assets of $384.3m against liabilities of $279.9m, net assets of $104.3m. It reported 1,595 employees.