Grand Canyon University
3300 W Camelback Rd, Phoenix, AZ · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $2,009,925,571 | $1,974,185,329 | $547,174,669 |
| FY2024 | $1,870,735,835 | $1,836,959,828 | $511,402,113 |
| FY2023 | $1,688,317,236 | $1,665,639,619 | $477,626,106 |
| FY2022 | $1,645,639,814 | $1,633,843,789 | $454,948,489 |
| FY2021 | $1,588,609,610 | $1,556,197,920 | $443,152,464 |
| FY2020 | $1,470,193,710 | $1,447,124,091 | $410,740,774 |
| FY2019 | $1,708,190,506 | $1,320,519,351 | $387,671,155 |
Form 990 filings
The returns filed by Grand Canyon University (EIN 47-2507725), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $12,192,100 | 1% |
| Program service revenue | $1,974,360,158 | 98% |
| Other revenue | $23,373,313 | 1% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $1,929,226,910 | 98% |
| Management & general | $42,396,834 | 2% |
| Fundraising | $2,561,585 | <1% |
What the numbers show
- Program service revenue made up 98% of total revenue in FY2025.
- Program services accounted for 98% of functional expenses, management & general 2%, and fundraising 0%.
- 98% of functional expenses went to program services in FY2025. That is higher than 99% of 98 Education organizations in AZ.
- Net assets covered about 3.3 months of expenses at the end of the reporting year. That puts it in the 25th percentile among 1050 Education organizations in AZ.
- Total revenue was the highest among 1064 Education organizations in AZ.
- Total revenue rose from $1,708,190,506 in FY2019 to $2,009,925,571 in FY2025. Revenue increased in 5 and decreased in 1 of 6 year-over-year comparisons.
- Revenue covered expenses in each of the 7 reported years, FY2019 to FY2025.
- Net assets grew from $387,671,155 to $547,174,669 between FY2019 and FY2025.
- Contributions and grants made up 21% of revenue in FY2019 and 1% in FY2025.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
GCU IS A PREMIER CHRISTIAN UNIVERSITY, EDUCATING PEOPLE TO LEAD AND SERVE BY PROVIDING POST-SECONDARY EDUCATION SERVICES ON ITS TRADITIONAL ARIZONA CAMPUS AS WELL AS ONLINE.
IRS status
| Ruling year | 2015 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | B40 — Education (in AZ) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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