St Lawrence University

Analysis

St Lawrence University is a registered charity in United States, based in Canton, NY. It received its IRS tax-exemption ruling in April 1933, 93 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 Lawrence University reported income of $200.6m and spending of $220.8m, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $219.8m to $200.6m (-8.7%), an average of -2.3% a year. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, St Lawrence 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 University of Florida Foundation Inc ($200.5m), Lake Erie College of Osteopathic Medicine Inc ($201.5m) and Feinberg Graduate School of the Weizmann Institute of Science ($199.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $3.0m (1.3% of expenses). Other salaries and wages came to $54.1m. At year end it held assets of $658.8m against liabilities of $162.7m, net assets of $496.1m. It reported 2,149 employees.