William Jessup University

Analysis

William Jessup University is a registered charity in United States, based in Rocklin, CA. It received its IRS tax-exemption ruling in February 1947, 79 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, William Jessup University reported income of $57.2m and spending of $57.8m, spending 101% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $63.8m to $57.2m (-10%), an average of -3.5% 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, William Jessup 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 99th percentile within CA. Charities of a similar size with the same main cause include Boston Senior Home Care Inc ($57.2m), Matrix Human Services ($57.3m) and Some Inc ($57.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 21% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $562k (1.0% of expenses). Other salaries and wages came to $18.4m. At year end it held assets of $137.2m against liabilities of $104.3m, net assets of $32.8m. It reported 858 employees.