St Ambrose University

Analysis

St Ambrose University is a registered charity in United States, based in Davenport, IA. 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 organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, St Ambrose University reported income of $120.9m and spending of $113.4m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $113.1m to $120.9m (+6.9%), an average of +1.7% a year. 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, St Ambrose 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 99th percentile, and in the 100th percentile within IA. Charities of a similar size with the same main cause include Emmanuel College ($120.9m), Texas a & M University 12th Man Foundation ($121.0m) and Wagner College ($120.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.6% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $1.4m (1.2% of expenses). Other salaries and wages came to $29.9m. At year end it held assets of $385.7m against liabilities of $67.6m, net assets of $318.1m. It reported 1,491 employees.