Friends University
2100 W University Ave, Wichita, KS · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $52,851,669 | $48,397,683 | $126,839,537 |
| FY2024 | $54,860,812 | $53,173,355 | $118,972,400 |
| FY2023 | $45,214,355 | $45,556,612 | $114,018,101 |
| FY2022 | $51,050,337 | $46,766,239 | $107,251,240 |
| FY2021 | $47,909,679 | $42,305,082 | $118,730,285 |
| FY2020 | $40,667,613 | $41,503,339 | $100,101,088 |
| FY2019 | $40,868,629 | $39,922,343 | $101,768,013 |
| FY2018 | $38,889,276 | $39,324,859 | $99,795,886 |
| FY2017 | $36,949,158 | $38,357,761 | $98,447,854 |
| FY2016 | $38,194,807 | $38,855,253 | $94,786,767 |
| FY2015 | $40,793,426 | $42,715,177 | $99,618,000 |
| FY2014 | $46,843,047 | $44,161,237 | $105,718,000 |
| FY2013 | $47,557,706 | $43,929,412 | $104,469,000 |
| FY2012 | $46,082,095 | $45,476,695 | $100,365,000 |
Form 990 filings
The returns filed by Friends University (EIN 48-0547702), 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 | $4,274,991 | 8% |
| Program service revenue | $42,024,422 | 80% |
| Other revenue | $6,552,256 | 12% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $43,358,396 | 90% |
| Management & general | $4,244,567 | 9% |
| Fundraising | $794,720 | 2% |
What the numbers show
- Program service revenue made up 80% of total revenue in FY2025.
- Program services accounted for 90% of functional expenses, management & general 9%, and fundraising 2%.
- 90% of functional expenses went to program services in FY2025. That is higher than 80.6% of 36 Education organizations in KS.
- Net assets covered about 31.4 months of expenses at the end of the reporting year. That puts it in the 57th percentile among 521 Education organizations in KS.
- Total revenue was higher than 99.2% of 526 Education organizations in KS.
- Total revenue rose from $46,082,095 in FY2012 to $52,851,669 in FY2025. Revenue increased in 6 and decreased in 7 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 6 of 14 reported years (FY2015, FY2016, FY2017, FY2018, FY2020, FY2023).
- The highest revenue on record here is $54,860,812 in FY2024.
- Net assets grew from $100,365,000 to $126,839,537 between FY2012 and 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
FRIENDS UNIVERSITY, A CHRISTIAN UNIVERSITY OF QUAKER HERITAGE, EQUIPS STUDENTS TO HONOR GOD AND SERVE OTHERS.
IRS status
| Ruling year | 1924 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | B430 — Education (in KS) |
| 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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