Azusa Pacific University: $301.8M Revenue, $254.2M Expenses

Azusa Pacific University grades a B on the NonprofitTruth efficiency rubric. 73/100 on the composite — above the national median, with strong performance on some factors balanced by middling performance on others.

Annual revenue at Azusa Pacific University runs $301.8M (2023), placing it among the larger U.S. nonprofits in the IRS Form 990 dataset. Financial health is a strength: Azusa Pacific University carries a healthy operating-reserve cushion against $254.2M in annual expenses, the kind of balance-sheet stability that helps an organization weather funding gaps without cutting programs.

Five-year revenue trend is mildly negative: a modest decline that could reflect grant-cycle timing, donor turnover, or program wind-down. Worth checking against the program-spending pattern to see whether the decline is structural. Officer compensation is modest relative to organizational size: Azusa Pacific University reports $3.6M in total compensation for current officers and key employees (Form 990 Part IX, line 5) against $301.8M in revenue. The ratio is well within the bands third-party charity raters consider reasonable at this scale. In the Education category, Azusa Pacific University sits alongside universities, K-12 systems, scholarship funds, and education-research organizations. Education-sector nonprofits often hold large endowments, which affects how the reserves-and-revenue figures should be read.