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Grand Canyon University

Phoenix, AZ · EIN 47-2507725 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Grand Canyon University reported $2.01 billion in revenue and $1.97 billion in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $97.72 went to program services, $2.15 to management and general costs and $0.13 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 98.2% of the total. The highest compensation it reported for one person was $1,731,242 (Head Basketball Coach). 380 people received more than $100,000 in reportable compensation. Revenue rose 37% 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 $1.97B

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 June 30, 2025 · Form 990, Part VIII · total revenue $2.01B

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)
97.7%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
2.1%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.1%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.21$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.6%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.2%1.1%
Program service revenue share
Part VIII 2g ÷ 12
98.2%69.9%
Highest reported compensation
Part VII-A, columns D–F
$1,731,242$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.09%1.28%
People paid over $100,000
Part VII, line 2
3808
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
3.313.3
Independent voting board members
Part VI 1a–1b
5 of 8100.0%

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
$1.92B expenses · 99.4% of program spending · grants $386M · revenue $1.96B

Instructional program services - instructional program services include all activities directly tied to the educational services provided by the university. Gcu has approximately 123,000 enrolled students (on campus and online) in undergraduate, graduate, and doctoral level programs. Gcu provides scholarships, grants, and other financial assistance to eligible students based on financial need and academic measures

$12M expenses · 0.6% of program spending · revenue $16M

Auxiliary enterprises - auxiliary enterprises represent various business units that operate to enhance the educational experience of the university's students, including an arena, hotel, restaurants, golf course, and campus/online shops

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
Head Basketball Coach
Highest compensated employee, 40.0 hrs/week
$1,726,205$0$5,037$1,731,242
Former Head Basketball Coach
Former, 0.0 hrs/week
$1,000,000$0$0$1,000,000
President
Officer, 20.0 hrs/week
$799,495$0$0$799,495
Provost
Officer, 40.0 hrs/week
$606,652$0$175,815$782,467
Vice Provost
Highest compensated employee, 40.0 hrs/week
$539,497$0$183,212$722,709
CFO/Treasurer
Officer, 40.0 hrs/week
$483,772$0$178,146$661,918
Dean of Students
Highest compensated employee, 40.0 hrs/week
$416,762$0$178,146$594,908
CAO/General Counsel/Secretary
Officer, 40.0 hrs/week
$394,537$0$183,162$577,699

380 people received more than $100,000 in reportable compensation from Grand Canyon University (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.5M (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$1.00B$2.00B$3.00B$4.00BFY2020FY2021FY2022FY2023FY2024FY2025$2.01B$1.97B
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$2.01B$1.97B97.7%$547M$1,731,242
FY2024 ⓘ$1.87B$1.84B97.8%$511M$1,460,810
FY2023 ⓘ$1.69B$1.67B98.1%$478M$1,374,363
FY2022 ⓘ$1.65B$1.63B98.2%$455M$1,506,360
FY2021 ⓘ$1.59B$1.56B98.2%$443M$1,059,839
FY2020 ⓘ$1.47B$1.45B97.8%$411M$1,824,151

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–1b8 · 5 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 26Yes
  • 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 14bNo
  • Employees Part I, line 512,802
  • Volunteers Part I, line 6796

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
Grand Canyon Education Inc
Support services
$1,001,654,352
Sodexo Inc & Affiliates
Food service
$42,338,754
Pono Construction LLC
Construction
$33,179,165
Gombos Leyton PC
Legal
$4,130,390

Individuals listed as contractors are left out. 85 contractors were paid more than $100,000 in all.

Private foundation grants it received

67 private foundations reported grants to Grand Canyon University totaling $2.6M 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 Grand Canyon 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 Grand Canyon University, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Arizona

Questions people ask

How much of Grand Canyon University's spending goes to programs?

In the fiscal year ending June 30, 2025, Grand Canyon University reported that 97.7% of its $1.97 billion in expenses went to program services, 2.1% to management and general and 0.1% to fundraising (Form 990, Part IX).

How much does Grand Canyon University pay its top executive?

The largest total compensation Grand Canyon University reported for one person in the fiscal year ending June 30, 2025 was $1,731,242, for the role of Head Basketball Coach (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Grand Canyon University get its money?

Of $2.01 billion in revenue in the fiscal year ending June 30, 2025, 0.6% came from contributions and grants (including 0.2% from government grants) and 98.2% from program service revenue (Form 990, Part VIII).

Is Grand Canyon University a registered charity?

The IRS lists EIN 47-2507725 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 202620419349300742 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202530459349300523 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202410459349301346 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202330519349300943 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202201249349301460 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202111249349301961 · read the filing

All filings for EIN 47-2507725: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.