ANDREWS UNIVERSITY

ANDREWS UNIVERSITY

Berrien Springs, MI, US
501(c)3
EIN
38-1627600
School
Subordinate Organization

ANDREWS UNIVERSITY

Berrien Springs, MI, US
501(c)3
EIN
38-1627600
School
Subordinate Organization

Income Statement

Fiscal Year Start:
May 1
Revenues in 2025

$110,183,823

Program Services
56%
Other
25%
Contributions
15%
Investments
2%
Government Grants
1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2025

$94,033,571

Salaries & Benefits
53%
Other
26%
Offices, Occupancy & IT
10%
Fees to Service Providers
6%
Depreciation
3%
Advertising & Promotion
1%
Interest
<1%
Grants
0%
Benefits to Members
0%
Revenues
2024
2025
Change
Contributions
$26,107,317
$16,510,737
-37%
Government Grants
$1,157,187
$1,422,674
+23%
Fundraising Events
$0
$0
-
Program Services
$60,976,794
$61,944,685
+2%
Membership Dues
$0
$0
-
Investments
$2,345,129
$2,296,970
-2%
Other
$11,144,306
$28,008,757
+151%
Total Revenues
$101,730,733
$110,183,823
+8%
Expenses
2024
2025
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$50,277,415
$50,118,633
0%
Fees to Service Providers
$5,711,554
$5,307,424
-7%
Advertising & Promotion
$1,060,745
$1,204,534
+14%
Offices, Occupancy & IT
$10,188,694
$9,840,540
-3%
Interest
$854,273
$465,755
-45%
Depreciation
$3,055,699
$2,914,719
-5%
Other
$24,216,197
$24,181,966
0%
Total Expenses
$95,364,577
$94,033,571
-1%
Net income
2024
2025
Change
Net income
+$6,366,156
+$16,150,252
+154%
Functional Expenses
Summary
2024
2025
Change
Program
$75,295,722
$74,772,668
-1%
Admin
$20,068,855
$19,260,903
-4%
Fundraising
$0
$0
-
Total Expenses
$95,364,577
$94,033,571
-1%
Income Statement
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