Saint Johns University

Analysis

Saint Johns University is a registered charity in United States, based in Collegeville, MN. It received its IRS tax-exemption ruling in March 1946, 80 years ago. 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, Saint Johns University reported income of $140.3m and spending of $122.2m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $127.1m to $140.3m (+10%), an average of +2.5% a year. The sharpest change came in the year to June 2021, when income rose by 17%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Saint Johns University 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 100th percentile within MN. Charities of a similar size with the same main cause include Elmhurst University ($139.6m), Evergreen Goodwill of Northwest Washington ($141.6m) and Rocky Mountain Institute ($139.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 15% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $1.1m (0.9% of expenses). Other salaries and wages came to $30.5m. At year end it held assets of $556.8m against liabilities of $77.2m, net assets of $479.6m. It reported 1,649 employees.