Siena Heights University

Analysis

Siena Heights University is a registered charity in United States, based in Adrian, MI. It received its IRS tax-exemption ruling in March 1994, 32 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, Siena Heights University reported income of $60.9m and spending of $60.3m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $59.0m to $60.9m (+3.2%), an average of +0.8% a year. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Siena Heights University sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within MI. Charities of a similar size with the same main cause include Westminster College ($60.9m), Lycee Francais de New York ($61.0m) and Viterbo College Inc ($60.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 22% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $1.0m (1.7% of expenses). Other salaries and wages came to $14.4m. At year end it held assets of $84.6m against liabilities of $16.7m, net assets of $67.9m. It reported 816 employees.