SOUTHWESTERN ADVENTIST UNIVERSITY

Keene, TX, 76059 (817) 202-6315 Est. 1942 EIN 75-0891465

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

Mission

The mission of Southwestern Adventist University is to offer quality higher education in a Christ centered enviroment.

Total Revenue

$30,576,637

Total Expenses

$27,023,885

Net Assets

$77,347,109

668 employees

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

Operating Reserve

2.9 years Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 6.5%

Expenses ↑ 13.0%

Revenue Sources

Contributions 37.0% Earned revenue 48.1% Investment 13.3% Other 2.0%

Expense Breakdown

Program 43.5% Management 54.7% Fundraising 1.8%

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Year	Revenue	Expenses	Net Assets
2024 990 - Public charity return Jul 1, 2024 to Jun 30, 2025	$30,576,637 ↑	$27,023,885	$77,347,109
2023 990 - Public charity return Jul 1, 2023 to Jun 30, 2024	$28,711,909 ↑	$23,921,212	$73,794,357
2022 990 - Public charity return Jul 1, 2022 to Jun 30, 2023	$25,210,549	$23,418,529	$68,991,759
2022 990 - Public charity return Jul 1, 2022 to Jun 30, 2023	$25,210,549 ↓	$23,418,529	$69,003,660
2021 990 - Public charity return Jul 1, 2021 to Jun 30, 2022	$25,818,147 ↓	$24,724,273	$65,905,496
2020 990 - Public charity return Jul 1, 2020 to Jun 30, 2021	$31,006,117 ↑	$21,469,897	$64,811,622
2019 990 - Public charity return Jul 1, 2019 to Jun 30, 2020	$21,614,131 ↓	$20,483,854	$55,275,402
2018 990 - Public charity return Jul 1, 2018 to Jun 30, 2019	$22,886,078	$20,013,862	$54,145,125