St Josephs University

Analysis

St Josephs University is a registered charity in United States, based in Brooklyn, 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 church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, St Josephs University reported income of $132.0m and spending of $140.7m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $133.0m to $132.0m (-0.7%), an average of -0.2% a year. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, St Josephs University sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NY. Charities of a similar size with the same main cause include University of Arkansas Foundation Inc ($131.4m), Kipp Bay Area Schools ($132.1m) and Anderson University ($131.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.3% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $3.1m (2.2% of expenses). Other salaries and wages came to $44.5m. At year end it held assets of $161.8m against liabilities of $53.7m, net assets of $108.1m. It reported 1,620 employees.