Cedarville University
Cedarville University reported $240.8 million in revenue and $211.0 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $89.36 went to program services, $9.18 to management and general costs and $1.46 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 84.9% of the total. The highest compensation it reported for one person was $478,530 (PRESIDENT). 80 people received more than $100,000 in reportable compensation. Revenue rose 51% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $211MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $241MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 89.4% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 9.2% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 1.5% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.10 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 12.5% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.7% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 84.9% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $478,530 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.23% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 80 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 19.4 | 13.3 |
| Independent voting board members Part VI 1a–1b | 19 of 25 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseStudent aid: excellence is expected from everyone at cedarville. We provide students in each of our 175 areas of study the resources and support necessary to meet our community's high standards for academic achievement. Graduates emerge from cedarville well-prepared to succeed in a highly competitive professional environment. As a result, we are taking our well-earned place as one of the nation's best colleges
Instruction and academic support: located in southwest ohio, Cedarville University is an accredited, christ-centered, baptist institution with an enrollment of 7,265 undergraduate, graduate and online students in more than 175 areas of study. Founded in 1887, cedarville is recognized nationally for its authentic christian community, rigorous academic programs, strong graduation and retention rates, accredited professional and health science offerings and high student engagement ranking
Auxiliary services: cedarville is committed to the development of the whole person. From our student life initiatives to our curriculum design, all of our structures and strategies have been developed to produce graduates who will possess the expertise and character needed to engage their professional, social and political spheres-of-influence with truth from god's unchanging word
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT Officer, 40.0 hrs/week | $390,172 | $0 | $88,358 | $478,530 |
| VP ENROLLMENT MGMT Officer, 40.0 hrs/week | $224,254 | $0 | $54,055 | $278,309 |
| VP OF BUSINESS CFO Officer, 40.0 hrs/week | $232,372 | $0 | $45,325 | $277,697 |
| VP ACADEMICS Officer, 40.0 hrs/week | $230,416 | $0 | $45,062 | $275,478 |
| VP ADVANCEMENT Officer, 40.0 hrs/week | $212,518 | $0 | $40,489 | $253,007 |
| PROF OF CYBER OPERATIONS Highest compensated employee, 40.0 hrs/week | $198,761 | $0 | $50,587 | $249,348 |
| DIRECTOR OF PA PROGRAM Highest compensated employee, 40.0 hrs/week | $157,455 | $0 | $89,790 | $247,245 |
| PROF OF PHARM SCIENCE Highest compensated employee, 40.0 hrs/week | $182,272 | $0 | $48,457 | $230,729 |
80 people received more than $100,000 in reportable compensation from Cedarville University (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.1M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b25 · 19 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aNo
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 53,324
- Volunteers Part I, line 619
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| Danis Builders LLC Construction | $13,655,511 |
| Pioneer College Caterers Food Service | $9,738,698 |
| CHWR INC Mechanical services | $2,729,108 |
| HES Intermediate Holdings LLC Housekeeping Services | $1,587,990 |
| International Center for Creation Instructional Services | $1,252,787 |
Individuals listed as contractors are left out. 62 contractors were paid more than $100,000 in all.
Private foundation grants it received
44 private foundations reported grants to Cedarville University totaling $3.7M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Cedarville University's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Cedarville University, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Cedarville University spent in FY2025, $89.36 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Bradley UniversityPeoria, IL · revenue $241M · programs 93.7% · FY2025
- Occidental CollegeLos Angeles, CA · revenue $241M · programs 85.6% · FY2025
- Rhode Island School of DesignProvidence, RI · revenue $240M · programs 78.5% · FY2025
- President and Trustees of Bates CollegeLewiston, ME · revenue $242M · programs 86.8% · FY2025
- Phillips Exeter AcademyExeter, NH · revenue $240M · programs 86.3% · FY2025
Questions people ask
How much of Cedarville University's spending goes to programs?
In the fiscal year ending June 30, 2025, Cedarville University reported that 89.4% of its $211.0 million in expenses went to program services, 9.2% to management and general and 1.5% to fundraising (Form 990, Part IX).
How much does Cedarville University pay its top executive?
The largest total compensation Cedarville University reported for one person in the fiscal year ending June 30, 2025 was $478,530, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Cedarville University get its money?
Of $240.8 million in revenue in the fiscal year ending June 30, 2025, 12.5% came from contributions and grants (including 0.7% from government grants) and 84.9% from program service revenue (Form 990, Part VIII).
Is Cedarville University a registered charity?
The IRS lists EIN 31-0536647 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202523539349300912 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202403139349302575 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202421249349301337 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202321319349304172 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202201159349301725 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202101249349301625 · read the filing
All filings for EIN 31-0536647: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.