Northwest Nazarene University Inc

Analysis

Northwest Nazarene University Inc is a registered charity in United States, based in Nampa, ID. It received its IRS tax-exemption ruling in April 1946, 80 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, Northwest Nazarene University Inc reported income of $65.7m and spending of $66.4m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $61.5m to $65.7m (+6.7%), an average of +1.6% a year. The sharpest change came in the year to June 2023, when income dropped by 18%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Northwest Nazarene University Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 100th percentile within ID. Charities of a similar size with the same main cause include Brazos Higher Education Authority Inc ($65.6m), Big Shoulders Fund ($65.7m) and Kipp Cooper Norcross a New Jersey Nonprofit Corporation ($65.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.3% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $591k (0.9% of expenses). Other salaries and wages came to $18.5m. At year end it held assets of $165.1m against liabilities of $31.5m, net assets of $133.6m. It reported 871 employees.