Pacific University

Analysis

Pacific University is a registered charity in United States, based in Forest Grove, OR. It received its IRS tax-exemption ruling in October 1972, 54 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, Pacific University reported income of $179.4m and spending of $174.6m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $174.0m to $179.4m (+3.1%), an average of +0.8% a year. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pacific 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 OR. Charities of a similar size with the same main cause include California Lutheran University ($178.8m), Stonehill College Inc ($180.1m) and Grove City College ($178.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.9% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $1.3m (0.8% of expenses). Other salaries and wages came to $64.3m. At year end it held assets of $328.0m against liabilities of $133.2m, net assets of $194.9m. It reported 3,846 employees.