Saint Josephs University

Analysis

Saint Josephs University is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in November 2010, 16 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, Saint Josephs University reported income of $636.8m and spending of $386.7m, leaving 39% of income unspent that year. Across the 5 years on record, from May 2019 to May 2023, income grew from $321.3m to $636.8m (+98%), an average of +19% a year. The sharpest change came in the year to May 2023, when income rose by 98%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Saint Josephs 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 PA. Charities of a similar size with the same main cause include University of Louisville Research Foundation Inc ($631.9m), Institute of Electrical and Electronics Engineers Inc ($650.2m) and President-Board of Trustees Santa Clara College ($622.0m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 47% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $3.2m (0.8% of expenses). Other salaries and wages came to $104.9m. It paid $100k in professional fundraising fees. At year end it held assets of $1.49bn against liabilities of $614.3m, net assets of $880.3m. It reported 3,406 employees.