Wagner College

Analysis

Wagner College is a registered charity in United States, based in Staten Island, NY. It received its IRS tax-exemption ruling in April 1948, 78 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 August 2023, Wagner College reported income of $120.3m and spending of $122.6m, spending 102% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $123.6m to $120.3m (-2.7%), an average of -0.7% a year. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wagner College 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 College of St Benedict Business Off ($118.9m), Emmanuel College ($120.9m) and Davenport University ($118.6m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 10% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $1.6m (1.3% of expenses). Other salaries and wages came to $27.7m. At year end it held assets of $279.1m against liabilities of $149.5m, net assets of $129.6m. It reported 1,167 employees.