Concordia University Irvine

Analysis

Concordia University Irvine is a registered charity in United States, based in Irvine, CA. It received its IRS tax-exemption ruling in July 1941, 85 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Concordia University Irvine reported income of $109.6m and spending of $115.1m, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $103.6m to $109.6m (+5.8%), an average of +1.4% a year. The sharpest change came in the year to June 2021, when income rose by 30%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Concordia University Irvine 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 College of St Scholastica Inc ($109.5m), Texas Tech Foundation Inc ($110.1m) and Linfield University ($108.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.5% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $1.9m (1.7% of expenses). Other salaries and wages came to $34.5m. At year end it held assets of $269.3m against liabilities of $103.3m, net assets of $166.0m. It reported 1,561 employees.