St Marys University of Minnesota

Analysis

St Marys University of Minnesota is a registered charity in United States, based in Winona, MN. 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, St Marys University of Minnesota reported income of $96.9m and spending of $98.4m, spending 101% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $95.1m to $96.9m (+1.9%), an average of +0.5% a year. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, St Marys University of Minnesota 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 MN. Charities of a similar size with the same main cause include Seton Hill University ($96.8m), Oregon Health and Science University Foundation ($96.9m) and Uw Physicians Network ($96.8m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 14% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $2.2m (2.3% of expenses). Other salaries and wages came to $31.4m. At year end it held assets of $194.0m against liabilities of $24.1m, net assets of $169.9m. It reported 1,685 employees.