Fordham University
Fordham University maintains strong financial health with consistent asset growth and revenues generally exceeding expenses.
EIN: 131740451 · Bronx, NY · NTEE: B430 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.7B |
| Total Expenses | $1.0B |
| Program Spending | 80% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $1.6B |
| Transparency Score | 85/100 |
Is Fordham University Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Fordham University directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Fordham University
Fordham University (EIN: 131740451) is a nonprofit organization based in Bronx, NY, classified under NTEE code B430. The organization reported total revenue of $1.7B and total assets of $2.5B according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fordham University's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fordham University is a major nonprofit that has been operating for 88 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0B |
| Total Expenses | $1.0B |
| Surplus / Deficit | $-26,125,337 |
| Total Assets | $2.4B |
| Total Liabilities | $795.5M |
| Net Assets | $1.6B |
| Operating Margin | -2.6% |
| Debt-to-Asset Ratio | 33.1% |
| Months of Reserves | 27.6 months |
Financial Health Grade: B
In 2023, Fordham University reported a deficit of $26.1M with expenses exceeding revenue, holds 27.6 months of operating reserves (strong position), has a debt-to-asset ratio of 33.1% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Fordham University's revenue has grown at a compound annual growth rate (CAGR) of 2.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.7% | +2.6% | +1.2% |
| 2022 | +11.9% | +9.9% | -2.3% |
| 2021 | +1.9% | +0.6% | +13.2% |
| 2020 | +0.3% | +5.3% | +6.7% |
| 2019 | +6.9% | +2.4% | +2.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1938 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Fordham University with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Fordham University allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $26.1M, with expenses exceeding revenue.
- Debt-to-asset ratio: 33.1%.
Executive Compensation Analysis
The provided data indicates 'Officer Comp=0%' across all filings, which is unusual for an institution of Fordham University's size and likely represents a specific reporting category rather than a complete absence of executive compensation. A full review of the 990 would be needed to understand the actual executive compensation structure and its proportionality to the organization's over $1 billion in annual revenue and over $2.4 billion in assets.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Fordham University's IRS 990 filings:
- Officer Comp=0% reported across all filings, requiring further investigation into actual executive compensation details.
Strengths
The following positive indicators were identified for Fordham University:
- Consistent revenue growth over the past decade, from $773M in 2014 to over $1B in 2023.
- Steady increase in assets, from $1.87B in 2014 to $2.40B in 2023, indicating strong financial health.
- Revenues generally exceed expenses, contributing to financial stability and growth.
- Long and consistent IRS 990 filing history (13 filings), suggesting good transparency.
Frequently Asked Questions about Fordham University
Is Fordham University a legitimate charity?
Based on AI analysis of IRS 990 filings, Fordham University (EIN: 131740451) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Fordham University spend its money?
Fordham University directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Fordham University tax-deductible?
Fordham University is registered as a tax-exempt nonprofit (EIN: 131740451). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Fordham University CEO make?
Fordham University's highest-compensated officer earns $1 annually. The organization reported $1.7B in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Fordham University's spending goes to programs?
Fordham University directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Fordham University compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Fordham University is above average for NTEE category B430 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Fordham University located?
Fordham University is headquartered in Bronx, New York and files with the IRS under EIN 131740451. It is classified under NTEE code B430.
How many years of IRS 990 filings does Fordham University have?
Fordham University has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.7B in total revenue.
Is Fordham University financially stable?
Yes, Fordham University appears financially stable. Its assets have consistently grown from $1.87 billion in 2014 to $2.40 billion in 2023, and revenues have generally exceeded expenses, as seen in fiscal year 2022 where revenue was $1,067,464,398 against expenses of $1,016,816,186.
How has Fordham University's revenue trended over the past decade?
Fordham University's revenue has shown a strong upward trend over the past decade, increasing from $773,942,466 in 2014 to $1,017,256,067 in 2023, indicating consistent growth in its financial capacity.
What is the trend in Fordham University's assets?
Fordham University's assets have consistently grown, from $1,877,208,238 in 2014 to $2,402,364,778 in 2023, demonstrating a healthy accumulation of resources.
Filing History
IRS 990 filing history for Fordham University showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Fordham University's revenue has grown by 27.1%, moving from $800.3M to $1.0B. Total assets increased by 52.1% over the same period, from $1.6B to $2.4B. Total functional expenses rose by 75.7%, from $594.0M to $1.0B. In its most recent filing year (2023), Fordham University reported a deficit of $26.1M, with expenses exceeding revenue. The organization holds $795.5M in liabilities against $2.4B in assets (debt-to-asset ratio: 33.1%), resulting in net assets of $1.6B.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.0B | $1.0B | $2.4B | $795.5M | — | — |
| 2022 | $1.1B | $1.0B | $2.4B | $820.9M | — | View 990 |
| 2021 | $953.9M | $925.2M | $2.4B | $846.1M | — | View 990 |
| 2020 | $936.1M | $919.9M | $2.1B | $786.6M | — | View 990 |
| 2019 | $933.5M | $873.6M | $2.0B | $628.7M | — | View 990 |
| 2018 | $873.4M | $853.2M | $2.0B | $629.3M | — | View 990 |
| 2017 | $836.7M | $800.5M | $1.9B | $617.1M | — | — |
| 2016 | $771.9M | $764.8M | $1.8B | $636.8M | — | View 990 |
| 2015 | $772.6M | $737.3M | $1.9B | $630.8M | — | View 990 |
| 2014 | $773.9M | $684.4M | $1.9B | $638.2M | — | View 990 |
| 2013 | $705.6M | $663.3M | $1.7B | $590.4M | — | View 990 |
| 2012 | $759.3M | $625.0M | $1.7B | $606.3M | — | View 990 |
| 2011 | $800.3M | $594.0M | $1.6B | $590.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.0B, expenses of $1.0B, and assets of $2.4B (revenue -4.7% year-over-year).
- 2022: Revenue of $1.1B, expenses of $1.0B, and assets of $2.4B (revenue +11.9% year-over-year).
- 2021: Revenue of $953.9M, expenses of $925.2M, and assets of $2.4B (revenue +1.9% year-over-year).
- 2020: Revenue of $936.1M, expenses of $919.9M, and assets of $2.1B (revenue +0.3% year-over-year).
- 2019: Revenue of $933.5M, expenses of $873.6M, and assets of $2.0B (revenue +6.9% year-over-year).
- 2018: Revenue of $873.4M, expenses of $853.2M, and assets of $2.0B (revenue +4.4% year-over-year).
- 2017: Revenue of $836.7M, expenses of $800.5M, and assets of $1.9B (revenue +8.4% year-over-year).
- 2016: Revenue of $771.9M, expenses of $764.8M, and assets of $1.8B (revenue -0.1% year-over-year).
- 2015: Revenue of $772.6M, expenses of $737.3M, and assets of $1.9B (revenue -0.2% year-over-year).
- 2014: Revenue of $773.9M, expenses of $684.4M, and assets of $1.9B (revenue +9.7% year-over-year).
- 2013: Revenue of $705.6M, expenses of $663.3M, and assets of $1.7B (revenue -7.1% year-over-year).
- 2012: Revenue of $759.3M, expenses of $625.0M, and assets of $1.7B (revenue -5.1% year-over-year).
- 2011: Revenue of $800.3M, expenses of $594.0M, and assets of $1.6B.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fordham University:
Data Sources and Methodology
This transparency report for Fordham University is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.