BIOLA UNIVERSITY INC

LA MIRADA, CA, 90639-0002 (562) 903-6000 Est. 1908 EIN 95-0549600
B430— Education Form 990 501(c)(3)
www.biola.edu

Mission

Biola University is a private Christian university located in Southern California. For over 114 years, Biola has stood out as an institution grounded on biblically centered education, intentional spiritual development, and career preparation, where all faculty, staff and students are professing Christians. With more than 145 academic programs through its six schools, Biola offers degrees ranging from Bachelor of Arts to doctoral degree.

Financials

Total Revenue
$223,677,013
Total Expenses
$236,112,678
Net Assets
$320,817,234
3,468 employees 26 volunteers
From latest filing (tax period ending 2023-06-30)

Financial Health

Operating Reserve
16.3 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 10.3%
Expenses ↓ 2.7%
Revenue Sources
Contributions 12.6% Earned revenue 85.2% Investment 1.7% Other 1.0%
Expense Breakdown
Program 84.3% Management 14.5% Fundraising 1.2%

Officers & Key Employees (44)

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Grants Received (117)

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Filing History (6 filings)

YearRevenueExpensesNet Assets
2022 Form 990
Jul 1, 2022 to Jun 30, 2023
$223,677,013 $236,112,678$320,817,234
2021 Form 990
Jul 1, 2021 to Jun 30, 2022
$249,357,478 $242,679,337$323,161,457
2020 Form 990
Jul 1, 2020 to Jun 30, 2021
$217,190,577 $225,365,038$348,110,984
2019 Form 990
Jul 1, 2019 to Jun 30, 2020
$260,665,144 $227,738,038$317,381,561
2018 Form 990
Jul 1, 2018 to Jun 30, 2019
$234,850,310 $228,212,796$311,886,433
2017 Form 990
Jul 1, 2017 to Jun 30, 2018
$223,270,949 $213,304,738$304,014,188

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EIN: 95-0549600 · Source: IRS Form 990 e-file data