Fordham University: $1.0B Revenue, $1.0B Expenses

Fordham University grades a B on the NonprofitTruth efficiency rubric. 71/100 on the composite — above the national median, with strong performance on some factors balanced by middling performance on others.

Fordham University operates at corporate scale — $1.0B in reported 2023 revenue. At over a billion in annual revenue, nonprofits typically run consolidated operations across multiple states or business lines, and the IRS Form 990 reflects a much larger operational footprint than a typical 501(c)(3). Financial health is a strength: Fordham University carries a healthy operating-reserve cushion against $1.0B in annual expenses, the kind of balance-sheet stability that helps an organization weather funding gaps without cutting programs.

Five-year revenue has grown modestly. Fordham University is not expanding rapidly but is not shrinking either; the trajectory is consistent with stable donor and grant relationships. Officer compensation is modest relative to organizational size: Fordham University reports $8.5M in total compensation for current officers and key employees (Form 990 Part IX, line 5) against $1.0B in revenue. The ratio is well within the bands third-party charity raters consider reasonable at this scale. In the Education category, Fordham 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.