Pepperdine University

Analysis

Pepperdine University is a registered charity in United States, based in Malibu, CA. It received its IRS tax-exemption ruling in December 1940, 86 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 July 2023, Pepperdine University reported income of $699.8m and spending of $649.4m, spending 93% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $543.4m to $699.8m (+29%), an average of +6.5% a year. The sharpest change came in the year to July 2021, when income rose by 25%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pepperdine 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 CA. Charities of a similar size with the same main cause include Chapman University ($697.6m), Embry-Riddle Aeronautical ($703.0m) and Creighton University ($695.4m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 6.3% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $9.5m (1.5% of expenses). Other salaries and wages came to $173.3m. It paid $361k in professional fundraising fees. At year end it held assets of $2.47bn against liabilities of $762.3m, net assets of $1.71bn. It reported 5,301 employees.