St Johns University New York

Analysis

St Johns University New York is a registered charity in United States, based in Jamaica, NY. 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 May 2023, St Johns University New York reported income of $780.7m and spending of $765.0m, spending 98% of its income. Across the 5 years on record, from May 2019 to May 2023, income fell from $817.8m to $780.7m (-4.5%), an average of -1.2% 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, St Johns University New York sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within NY. Charities of a similar size with the same main cause include Savannah College of Art and Design Inc ($776.8m), Tel Aviv University ($800.0m) and NYC School Support Services Inc ($740.0m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 5.4% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $1.6m (0.2% of expenses). Other salaries and wages came to $207.8m. At year end it held assets of $1.66bn against liabilities of $600.7m, net assets of $1.06bn. It reported 5,404 employees.