Marian University

Analysis

Marian University is a registered charity in United States, based in Indianapolis, 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 June 2023, Marian University reported income of $175.7m and spending of $173.4m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $140.9m to $175.7m (+25%), an average of +5.7% a year. The sharpest change came in the year to June 2021, when income rose by 28%. 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, Marian 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 100th percentile, and in the 100th percentile within IN. Charities of a similar size with the same main cause include University of the South ($175.3m), University of Washington Foundation ($176.0m) and Rocketship Education ($173.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 18% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $4.1m (2.4% of expenses). Other salaries and wages came to $47.4m. At year end it held assets of $333.7m against liabilities of $152.3m, net assets of $181.3m. It reported 1,792 employees.