St Francis College

Analysis

St Francis College is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in July 1996, 30 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, St Francis College reported income of $186.9m and spending of $120.9m, leaving 35% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $70.1m to $186.9m (+167%), an average of +28% a year. The sharpest change came in the year to June 2023, when income rose by 130%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, St Francis College 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 99th percentile within NY. Charities of a similar size with the same main cause include Trustees of Phillips Academy ($186.8m), Franklin & Marshall College ($187.0m) and American University in Cairo ($186.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.2% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $2.5m (2.1% of expenses). At year end it held assets of $506.0m against liabilities of $420.9m, net assets of $85.1m. It reported 683 employees.