OAKWOOD UNIVERSITY

HUNTSVILLE, AL, 35896 (256) 726-7024 Est. 1896 EIN 63-0366652

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

www.oakwood.edu

Mission

OAKWOOD UNIVERSITY, A HISTORICALLY BLACK SEVENTH-DAY ADVENTIST INSTITUTION OF HIGHER LEARNING, PROVIDES QUALITY CHRISTIAN EDUCATION THAT EMPHASIZES ACADEMIC EXCELLENCE; PROMOTES HARMONIOUS DEVELOPMENT OF MIND, BODY AND SPIRIT; AND PREPARES LEADERS IN SERVICE FOR GOD AND HUMANITY.

Financials

Total Revenue

$76,433,326

Total Expenses

$71,376,645

Net Assets

$81,619,968

1,214 employees

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

Financial Health

Operating Reserve

13.7 months Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 6.4%

Expenses ↓ 5.5%

Revenue Sources

Contributions 45.2% Earned revenue 50.4% Investment 1.2% Other 3.0%

Expense Breakdown

Program 69.2% Management 29.6% Fundraising 1.2%

Officers & Key Employees (54)

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Grants Received (79)

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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	$76,433,326 ↑	$71,376,645	$81,619,968
2022 990 - Public charity return Jul 1, 2022 to Jun 30, 2023	$67,340,745 ↓	$77,013,728	$77,148,787
2021 990 - Public charity return Jul 1, 2021 to Jun 30, 2022	$68,745,212 ↑	$72,386,999	$84,637,054
2020 990 - Public charity return Jul 1, 2020 to Jun 30, 2021	$64,178,393 ↓	$61,467,355	$93,555,220
2019 990 - Public charity return Jul 1, 2019 to Jun 30, 2020	$65,439,596 ↑	$64,752,168	$85,253,558
2018 990 - Public charity return Jul 1, 2018 to Jun 30, 2019	$63,581,649 ↑	$62,216,416	$84,733,502
2017 990 - Public charity return Jul 1, 2017 to Jun 30, 2018	$62,425,532	$60,681,506	$83,220,042