Fontbonne University

Analysis

Fontbonne University is a registered charity in United States, based in St Louis, MO. 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 June 2023, Fontbonne University reported income of $32.2m and spending of $37.0m, spending 115% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $35.9m to $32.2m (-11%), an average of -2.7% a year. The sharpest change came in the year to June 2021, when income rose by 16%. 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, Fontbonne University 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 97th percentile within MO. Charities of a similar size with the same main cause include Episcopal School of Jacksonville Inc ($32.1m), St Thomas Aquinas College ($32.2m) and Goldey Beacom College Inc ($32.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 21% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $863k (2.3% of expenses). Other salaries and wages came to $10.4m. At year end it held assets of $43.0m against liabilities of $24.2m, net assets of $18.8m. It reported 605 employees.