California Baptist University

Analysis

California Baptist University is a registered charity in United States, based in Riverside, CA. It received its IRS tax-exemption ruling in February 1969, 57 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, California Baptist University reported income of $439.7m and spending of $428.9m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $360.4m to $439.7m (+22%), an average of +5.1% a year. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, California Baptist 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 The Corporation of Mercer University ($434.7m), University of Illinois Foundation ($450.3m) and University of Minnesota Foundation ($428.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $2.5m (0.6% of expenses). Other salaries and wages came to $114.1m. At year end it held assets of $688.3m against liabilities of $396.2m, net assets of $292.0m. It reported 4,145 employees.