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Taylor University

Upland, IN · EIN 35-0868181 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending May 31, 2025 (tax year 2024) · View the filing · Correct or respond

Taylor University reported $158.9 million in revenue and $137.1 million in expenses for the fiscal year ending May 31, 2025. Of every $100 it spent, $87.48 went to program services, $8.38 to management and general costs and $4.14 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 68.6% of the total. The highest compensation it reported for one person was $653,232 (President). 27 people received more than $100,000 in reportable compensation. Revenue rose 60% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending May 31, 2025 · Form 990, Part IX, line 25 · total expenses $137M

For 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 May 31, 2025 · Form 990, Part VIII · total revenue $159M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
87.5%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
8.4%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
4.1%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.15$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
23.5%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.3%1.1%
Program service revenue share
Part VIII 2g ÷ 12
68.6%69.9%
Highest reported compensation
Part VII-A, columns D–F
$653,232$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.48%1.28%
People paid over $100,000
Part VII, line 2
278
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
38.113.3
Independent voting board members
Part VI 1a–1b
26 of 27100.0%

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 expense
$120M expenses · 100.0% of program spending · grants $49M · revenue $109M

In order to advance our mission, Taylor University is committed to the following purposes: -Whole Person Focused: We involve students in learning experiences imbued with a vital Christian interpretation of truth and life which foster their intellectual, emotional, physical, vocational, social, and spiritual development. -Biblically Anchored: We believe that all truth has its source in God and His Word. We are committed individually and collectively to the prayerful study and application of Scripture. -Liberal Arts Grounded: We prepare students to adapt to a fast-changing world, equipped with…

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
President
Director/trustee, officer, 60.0 hrs/week
$571,350$0$81,882$653,232
VP of Enrollment & Marketing
Key employee, 50.0 hrs/week
$201,323$0$33,115$234,438
Provost
Key employee, 50.0 hrs/week
$188,494$0$36,319$224,813
VP Business & Finance / CFO
Officer, 40.0 hrs/week
$172,747$0$41,506$214,253
VP for University Advancement
Key employee, 20.0 hrs/week
$167,736$0$38,723$206,459
VP & Chief Information Officer
Highest compensated employee, 50.0 hrs/week
$143,197$0$40,120$183,317
VP for Strategy and Chief of Staff (Through November 2024)
Highest compensated employee, 50.0 hrs/week
$148,471$0$31,836$180,307
VP of Student Services
Highest compensated employee, 50.0 hrs/week
$142,477$0$34,840$177,317

27 people received more than $100,000 in reportable compensation from Taylor University (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.6M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$50M$100M$150M$200MFY2020FY2021FY2022FY2023FY2024FY2025$159M$137M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$159M$137M87.5%$436M$653,232
FY2024 ⓘ$187M$122M85.0%$407M$654,183
FY2023 ⓘ$130M$109M85.3%$329M$599,045
FY2022 ⓘ$122M$102M84.5%$253M$232,316
FY2021 ⓘ$104M$94M87.1%$248M$246,480
FY2020 ⓘ$99M$99M87.2%$215M$381,016

Governance 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–1b27 · 26 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 11aYes
  • Family or business ties among insiders Part VI 2Yes
  • 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 4Yes
  • 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 51,848
  • Volunteers Part I, line 6177

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
AVI Food Systems
Food Services
$8,706,557
Keith Sullivan Excavating Incorporated
Construction Contractor
$2,315,912
Design Collaborative Inc
Construction Design Services
$803,670
Current Inc
HVAC Contractor
$661,364

Individuals listed as contractors are left out. 40 contractors were paid more than $100,000 in all.

Private foundation grants it received

42 private foundations reported grants to Taylor University totaling $34M 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 Taylor 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 Taylor University, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Indiana

Questions people ask

How much of Taylor University's spending goes to programs?

In the fiscal year ending May 31, 2025, Taylor University reported that 87.5% of its $137.1 million in expenses went to program services, 8.4% to management and general and 4.1% to fundraising (Form 990, Part IX).

How much does Taylor University pay its top executive?

The largest total compensation Taylor University reported for one person in the fiscal year ending May 31, 2025 was $653,232, for the role of President (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Taylor University get its money?

Of $158.9 million in revenue in the fiscal year ending May 31, 2025, 23.5% came from contributions and grants (including 0.3% from government grants) and 68.6% from program service revenue (Form 990, Part VIII).

Is Taylor University a registered charity?

The IRS lists EIN 35-0868181 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 May 31, 2025, object 202641059349301234 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending May 31, 2024, object 202501059349302585 · read the filing
  • FY2023: Form 990 for the fiscal year ending May 31, 2023, object 202440959349300429 · read the filing
  • FY2022: Form 990 for the fiscal year ending May 31, 2022, object 202320509349300207 · read the filing
  • FY2021: Form 990 for the fiscal year ending May 31, 2021, object 202240489349300809 · read the filing
  • FY2020: Form 990 for the fiscal year ending May 31, 2020, object 202110439349302161 · read the filing

All filings for EIN 35-0868181: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.