Xavier University

Analysis

Xavier University is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in February 1974, 52 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Xavier University reported income of $332.2m and spending of $327.7m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $317.8m to $332.2m (+4.5%), an average of +1.1% 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, Xavier 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 OH. Charities of a similar size with the same main cause include Emerson College ($331.8m), Marist University ($333.0m) and Aspire Public Schools ($327.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $2.7m (0.8% of expenses). Other salaries and wages came to $84.3m. At year end it held assets of $707.1m against liabilities of $217.0m, net assets of $490.1m. It reported 3,794 employees.