University of Redlands

Analysis

University of Redlands is a registered charity in United States, based in Redlands, CA. It received its IRS tax-exemption ruling in November 1953, 73 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, University of Redlands reported income of $182.7m and spending of $203.0m, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $210.5m to $182.7m (-13%), an average of -3.5% a year. The sharpest change came in the year to June 2023, when income dropped by 18%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University of Redlands 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 CA. Charities of a similar size with the same main cause include Connecticut College ($182.1m), Tuskegee University ($183.1m) and St Edwards University ($181.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.9% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $2.9m (1.4% of expenses). Other salaries and wages came to $56.1m. At year end it held assets of $518.8m against liabilities of $147.4m, net assets of $371.4m. It reported 2,395 employees.