Misericordia University

Analysis

Misericordia University is a registered charity in United States, based in Dallas, 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 June 2023, Misericordia University reported income of $89.7m and spending of $89.0m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $100.1m to $89.7m (-10%), an average of -2.7% a year. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Misericordia University sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within PA. Charities of a similar size with the same main cause include Colorado State University Foundation ($89.6m), Utica University ($89.8m) and University of Evansville ($89.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.2% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $1.1m (1.2% of expenses). Other salaries and wages came to $25.7m. It paid $116 in professional fundraising fees. At year end it held assets of $217.9m against liabilities of $59.7m, net assets of $158.2m. It reported 1,190 employees.