Warner Pacific University

Analysis

Warner Pacific University is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in November 2015, 11 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, Warner Pacific University reported income of $15.2m and spending of $20.0m, spending 132% of what it took in. Across the 4 years on record, from May 2020 to May 2023, income fell from $17.3m to $15.2m (-12%), an average of -4.2% a year. Over the whole period it spent 110% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Warner Pacific University sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within OR. Charities of a similar size with the same main cause include Friends of Team Academy Charter School a New Jersey Non-Profit Org ($15.2m), Evergreen Virtual Academy ($15.2m) and Yaldeinu School Inc ($15.2m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 10.0% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $753k (3.8% of expenses). Other salaries and wages came to $7.6m. At year end it held assets of $28.1m against liabilities of $14.7m, net assets of $13.4m. It reported 365 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.