Samford University

Analysis

Samford University is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in October 1951, 75 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, Samford University reported income of $281.6m and spending of $270.9m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $238.1m to $281.6m (+18%), an average of +4.3% a year. The sharpest change came in the year to June 2022, when income rose by 31%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Samford 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 AL. Charities of a similar size with the same main cause include Oklahoma State University Foundation ($281.5m), Gemological Institute of America Inc ($281.8m) and Association of American Medical Colleges ($281.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.9% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $2.2m (0.8% of expenses). Other salaries and wages came to $80.8m. At year end it held assets of $969.8m against liabilities of $452.2m, net assets of $517.6m. It reported 2,708 employees.