Seton Hall University

Analysis

Seton Hall University is a registered charity in United States, based in South Orange, NJ. It received its IRS tax-exemption ruling in March 1946, 80 years ago. 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, Seton Hall University reported income of $528.4m and spending of $513.6m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $446.8m to $528.4m (+18%), an average of +4.3% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Seton Hall 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 100th percentile within NJ. Charities of a similar size with the same main cause include Faculty Practice Foundation Inc ($497.7m), University of Victoria ($530.0m) and St Vincents Medical Center Inc ($479.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $7.8m (1.5% of expenses). Other salaries and wages came to $130.1m. It paid $340k in professional fundraising fees. At year end it held assets of $881.7m against liabilities of $368.0m, net assets of $513.7m. It reported 3,999 employees.