Concordia University St Paul

Analysis

Concordia University St Paul is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in July 1941, 85 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Concordia University St Paul reported income of $112.8m and spending of $107.4m, spending 95% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $75.8m to $112.8m (+49%), an average of +8.3% a year. The sharpest change came in the year to June 2021, when income rose by 31%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Concordia University St Paul sits at the 100th 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 Archcare ($112.3m), Massachusetts Higher Education Assistance Corporation ($113.1m) and North County Health Project Inc ($112.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 6.9% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $1.9m (1.8% of expenses). Other salaries and wages came to $26.9m. It paid $193k in professional fundraising fees. At year end it held assets of $182.4m against liabilities of $23.3m, net assets of $159.1m. It reported 1,361 employees.