University of Saint Joseph

Analysis

University of Saint Joseph is a registered charity in United States, based in West Hartford, CT. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, University of Saint Joseph reported income of $86.5m and spending of $86.4m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $86.4m to $86.5m (+0.1%), an average of +0.0% a year. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University of Saint Joseph sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CT. Charities of a similar size with the same main cause include Vanguard Academy ($86.4m), Saint John Baptist College in the University of Oxford ($86.6m) and Milton Academy ($86.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.1% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $1.1m (1.3% of expenses). Other salaries and wages came to $36.2m. At year end it held assets of $142.4m against liabilities of $57.8m, net assets of $84.6m. It reported 1,315 employees.