Fresno Pacific University

Analysis

Fresno Pacific University is a registered charity in United States, based in Fresno, CA. It received its IRS tax-exemption ruling in September 1948, 78 years ago. 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, Fresno Pacific University reported income of $88.1m and spending of $83.9m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $83.8m to $88.1m (+5.1%), an average of +1.3% a year. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fresno 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 99th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Franklin University ($87.7m), Mercy Medical Center ($88.6m) and Lowcountry Food Bank Inc ($87.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 29% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $666k (0.8% of expenses). Other salaries and wages came to $35.5m. At year end it held assets of $90.6m against liabilities of $35.9m, net assets of $54.7m. It reported 1,464 employees.