Saint Vincent College

Analysis

Saint Vincent College is a registered charity in United States, based in Latrobe, 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, Saint Vincent College reported income of $96.0m and spending of $96.7m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $100.1m to $96.0m (-4.1%), an average of -1.1% a year. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Saint Vincent College sits at the 99th 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 PA. Charities of a similar size with the same main cause include Roessler-Chadwick Foundation ($95.8m), Florida State University Foundation Inc ($96.0m) and University of Mary ($95.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $287k (0.3% of expenses). Other salaries and wages came to $23.0m. At year end it held assets of $307.5m against liabilities of $29.2m, net assets of $278.4m. It reported 1,264 employees.