The Cedarville University: $206.7M Revenue, $188.6M Expenses

The efficiency rubric puts The Cedarville University at a B grade: a composite of 79/100 that lands above the national midpoint. The grade reflects solid financial reserves alongside reasonable officer compensation and steady revenue.

Annual revenue at The Cedarville University runs $206.7M (2024), placing it among the larger U.S. nonprofits in the IRS Form 990 dataset. Financial health is a strength: The Cedarville University carries a healthy operating-reserve cushion against $188.6M in annual expenses, the kind of balance-sheet stability that helps an organization weather funding gaps without cutting programs.

Revenue has grown meaningfully across the five-year filing history — a sign of expanding donor base, new grants, or scaling programs. The Cedarville University reported $206.7M in 2024, up notably from the start of the window. Officer compensation is modest relative to organizational size: The Cedarville University reports $2.0M in total compensation for current officers and key employees (Form 990 Part IX, line 5) against $206.7M in revenue. The ratio is well within the bands third-party charity raters consider reasonable at this scale. In the Education category, The Cedarville 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.