Duquesne University of the Holy Spirit

Analysis

Duquesne University of the Holy Spirit is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in May 1937, 89 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, Duquesne University of the Holy Spirit reported income of $543.3m and spending of $438.5m, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $507.3m to $543.3m (+7.1%), an average of +1.7% a year. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Duquesne University of the Holy Spirit 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 Quinnipiac University ($541.8m), Harmony Public Schools ($548.9m) and University of St Thomas ($537.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 10% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $5.5m (1.2% of expenses). Other salaries and wages came to $133.7m. At year end it held assets of $1.09bn against liabilities of $323.2m, net assets of $766.9m. It reported 4,443 employees.