Siena University

Analysis

Siena University is a registered charity in United States, based in Loudonville, NY. It received its IRS tax-exemption ruling in May 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 May 2023, Siena University reported income of $210.1m and spending of $203.6m, spending 97% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $175.4m to $210.1m (+20%), an average of +4.6% a year. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Siena University 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 Meharry Medical College ($209.4m), University of LA Verne ($210.2m) and Loyola University ($209.2m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 7.3% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $2.2m (1.1% of expenses). Other salaries and wages came to $51.6m. At year end it held assets of $354.6m against liabilities of $54.6m, net assets of $299.9m. It reported 2,078 employees.