St Bonaventure University Business Office - Hopkins Hall

Analysis

St Bonaventure University Business Office - Hopkins Hall is a registered charity in United States, based in St Bonas, NY. It received its IRS tax-exemption ruling in April 1942, 84 years ago. 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, St Bonaventure University Business Office - Hopkins Hall reported income of $126.6m and spending of $122.8m, spending 97% of its income. Across the 4 years on record, from May 2019 to May 2023, income grew from $102.1m to $126.6m (+24%), an average of +7.4% a year. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Bonaventure University Business Office - Hopkins Hall 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 99th percentile, and in the 99th percentile within NY. Charities of a similar size with the same main cause include Elizabeth Seton Pediatric Center ($125.9m), Seattle Childrens Foundation ($126.7m) and Compunet Clinical Laboratories LLC ($125.5m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 14% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $1.9m (1.5% of expenses). Other salaries and wages came to $34.3m. It paid $19k in professional fundraising fees. At year end it held assets of $230.2m against liabilities of $36.4m, net assets of $193.8m. It reported 1,424 employees.