Fairfield University

FAIRFIELD, CT, 06824 (203) 254-4000 Est. 1942 EIN 06-0646623

B430 - Education 990 - Public charity return 501(c)(3)

www.fairfield.edu

Mission

TO ESTABLISH, ORGANIZE, MAINTAIN AND CONDUCT AN INSTITUTION FOR SECONDARY, UNDERGRADUATE AND GRADUATE EDUCATION IN THE STATE OF CONNECTICUT, AND TO PERFORM SUCH OTHER WORKS OF EDUCATION, CHARITY AND RELIGION. SEE SCHEDULE O.

Financials

Total Revenue

$558,598,313

Total Expenses

$473,872,011

Net Assets

$954,938,713

3,771 employees 830 volunteers

From latest filing (tax period ending 2025-06-30)

Financial Health

Operating Reserve

2.0 years Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 14.2%

Expenses ↑ 9.6%

Revenue Sources

Contributions 12.7% Earned revenue 80.4% Investment 6.6%

Expense Breakdown

Program 83.5% Management 14.1% Fundraising 2.4%

Officers & Key Employees (42)

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Grants Received (933)

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Filing History (7 filings)

Year	Revenue	Expenses	Net Assets
2024 990 - Public charity return Jul 1, 2024 to Jun 30, 2025	$558,598,313 ↑	$473,872,011	$954,938,713
2023 990 - Public charity return Jul 1, 2023 to Jun 30, 2024	$489,308,458 ↑	$432,418,916	$851,257,552
2022 990 - Public charity return Jul 1, 2022 to Jun 30, 2023	$424,528,036 ↑	$384,746,576	$777,716,673
2021 990 - Public charity return Jul 1, 2021 to Jun 30, 2022	$415,893,981 ↑	$354,416,581	$723,738,920
2020 990 - Public charity return Jul 1, 2020 to Jun 30, 2021	$341,786,596 ↓	$329,252,732	$736,297,656
2019 990 - Public charity return Jul 1, 2019 to Jun 30, 2020	$361,744,489 ↑	$316,245,749	$619,076,584
2017 990 - Public charity return Jul 1, 2017 to Jun 30, 2018	$304,017,992	$303,186,987	$589,226,985