Saint Francis University

Analysis

Saint Francis University is a registered charity in United States, based in Loretto, PA. It received its IRS tax-exemption ruling in August 1970, 56 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 Francis University reported income of $105.9m and spending of $109.2m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $98.1m to $105.9m (+8.0%), an average of +1.9% a year. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Saint Francis University 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 Auburn University Foundation ($105.9m), California Online Public Schools ($106.0m) and Democracy Prep New York Charter Schools ($105.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $571k (0.5% of expenses). Other salaries and wages came to $27.0m. At year end it held assets of $157.9m against liabilities of $50.6m, net assets of $107.3m. It reported 1,426 employees.