Cardinal Stritch University Inc

Analysis

Cardinal Stritch University Inc is a registered charity in United States, based in Wauwatosa, WI. 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 July 2023, Cardinal Stritch University Inc reported income of $34.0m and spending of $35.8m, spending 105% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income fell from $41.9m to $34.0m (-19%), an average of -5.1% a year. The sharpest change came in the year to July 2023, when income dropped by 20%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cardinal Stritch University Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within WI. Charities of a similar size with the same main cause include St Annes-Belfield Inc ($34.0m), Friends School of Baltimore Inc ($34.1m) and Bay Haven Charter Academy Inc ($34.0m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 6.1% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $575k (1.6% of expenses). Other salaries and wages came to $8.7m. At year end it held assets of $29.0m against liabilities of $4.7m, net assets of $24.3m. It reported 583 employees.