Pensacola Christian College Inc

Analysis

Pensacola Christian College Inc is a registered charity in United States, based in Pensacola, FL. It received its IRS tax-exemption ruling in March 1960, 66 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 May 2023, Pensacola Christian College Inc reported income of $172.6m and spending of $169.7m, spending 98% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $119.0m to $172.6m (+45%), an average of +9.7% a year. The sharpest change came in the year to May 2023, when income rose by 28%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pensacola Christian College Inc 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 FL. Charities of a similar size with the same main cause include Ohio Northern University ($172.4m), Aurora University ($172.8m) and Basis Charter Schools Inc ($171.6m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 25% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $443k (0.3% of expenses). Other salaries and wages came to $72.2m. At year end it held assets of $649.7m against liabilities of $27.6m, net assets of $622.1m. It reported 4,559 employees.