Saint Marys College

Analysis

Saint Marys College is a registered charity in United States, based in Notre Dame, IN. 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 May 2023, Saint Marys College reported income of $127.1m and spending of $112.2m, spending 88% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $107.1m to $127.1m (+19%), an average of +4.4% a year. The sharpest change came in the year to May 2021, when income rose by 26%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Saint Marys 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 IN. Charities of a similar size with the same main cause include Webster University ($126.9m), The University of Bridgeport Inc ($127.2m) and National-Louis University ($126.8m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 16% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $2.5m (2.3% of expenses). Other salaries and wages came to $26.8m. At year end it held assets of $485.2m against liabilities of $87.7m, net assets of $397.5m. It reported 1,474 employees.