George Fox University

Analysis

George Fox University is a registered charity in United States, based in Newberg, OR. It received its IRS tax-exemption ruling in June 1963, 63 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, George Fox University reported income of $151.7m and spending of $142.3m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $133.1m to $151.7m (+14%), an average of +3.3% a year. 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, George Fox University 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 99th percentile, and in the 100th percentile within OR. Charities of a similar size with the same main cause include University of Connecticut Foundation Incorporated ($150.8m), University of Nevada-Reno Foundation ($151.9m) and Wilkes University ($150.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.7% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $2.5m (1.8% of expenses). Other salaries and wages came to $43.0m. At year end it held assets of $243.3m against liabilities of $61.7m, net assets of $181.6m. It reported 2,276 employees.