FAIRFIELD UNIVERSITY

FAIRFIELD, CT, 06824-5171 (203) 254-4000 Est. 1942 EIN 06-0646623
B430— Education Form 990 501(c)(3)

Mission

TO ESTABLISH, ORGANIZE, MAINTAIN AND CONDUCT AN INSTITUTION FOR INTERMEDIATE, SECONDARY, UNDERGRADUATE AND GRADUATE EDUCATION IN THE STATE OF CONNECTICUT, AND TO PERFORM SUCH OTHER WORKS OF EDUCATION, CHARITY AND RELIGION. A FAIRFIELD UNIVERSITY EDUCATION HAS BECOME MORE INTEGRATED IN FOCUS, MORE GLOBAL IN OUTLOOK, AND MORE INTENTIONAL IN ITS STRUCTURE THAN EVER BEFORE IN THE JESUIT TRADITION. WE ARE COMMITTED TO CREATING A STUDENT-FOCUSED, HOLISTIC, AND DIVERSE EDUCATIONAL ENVIRONMENT INTENDED TO EDUCATE THE WHOLE PERSON, MIND, BODY AND SPIRIT. WE WANT TO CULTIVATE IN BOTH OUR UNDERGRADUATE AND GRADUATE STUDENTS A SENSE OF COMMUNITY AND STRONG ETHICAL AND SPIRITUAL VALUES TO GUIDE THEM ON THEIR PATHS INTO THE FUTURE.

Financials

Total Revenue
$489,308,458
Total Expenses
$432,418,916
Net Assets
$851,257,552
3,821 employees 575 volunteers
From latest filing (tax period ending 2024-06-30)

Financial Health

Operating Reserve
23.6 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 15.3%
Expenses ↑ 12.4%
Revenue Sources
Contributions 9.6% Earned revenue 82.4% Investment 7.8%
Expense Breakdown
Program 82.4% Management 15.1% Fundraising 2.5%

Officers & Key Employees (42)

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Grants Received (292)

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Filing History (6 filings)

YearRevenueExpensesNet Assets
2023 Form 990$489,308,458 $432,418,916$851,257,552
2022 Form 990$424,528,036 $384,746,576$777,716,673
2021 Form 990$415,893,981 $354,416,581$723,738,920
2020 Form 990$341,786,596 $329,252,732$736,297,656
2019 Form 990$361,744,489 $316,245,749$619,076,584
2017 Form 990$304,017,992 $303,186,987$589,226,985

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EIN: 06-0646623 · Source: IRS Form 990 e-file data