Villanova University
Analysis
Villanova University is a registered charity in United States, based in Villanova, PA. It received its IRS tax-exemption ruling in March 1946, 80 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 2022, Villanova University reported income of $872.3m and spending of $667.0m, leaving 24% of income unspent that year. Across the 4 years on record, from May 2019 to May 2022, income grew from $681.2m to $872.3m (+28%), an average of +8.6% a year. The sharpest change came in the year to May 2022, when income rose by 21%. Over the whole period it spent 84% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Villanova 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 Depaul University ($848.4m), Milton Hershey School & School Trust ($888.2m) and University of Saskatchewan ($818.0m).
On its Form 990 for the period ending May 2022, revenue came from contributions and grants 15% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $8.8m (1.3% of expenses). Other salaries and wages came to $246.1m. It paid $216k in professional fundraising fees. At year end it held assets of $2.29bn against liabilities of $358.6m, net assets of $1.93bn. It reported 6,340 employees.
Income and spending
Where the income comes from
- Contributions & grants 15%
- Program services 67%
- Other 19%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Depaul University | Chicago | $848.4m |
| Milton Hershey School & School Trust | Hershey | $888.2m |
| University of Saskatchewan | Canada | $818.0m |
| The UCLA Foundation | Los Angeles | $902.8m |