University of the Incarnate Word

Analysis

University of the Incarnate Word is a registered charity in United States, based in San Antonio, TX. 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 church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, University of the Incarnate Word reported income of $274.6m and spending of $291.6m, spending 106% of what it took in. Across the 4 years on record, from May 2019 to May 2023, income grew from $255.4m to $274.6m (+7.5%), an average of +2.4% a year. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University of the Incarnate Word 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 100th percentile, and in the 100th percentile within TX. Charities of a similar size with the same main cause include Swarthmore College ($270.7m), Monmouth University Inc ($274.8m) and Temple University Health System Inc ($269.9m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 4.8% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $3.4m (1.2% of expenses). Other salaries and wages came to $95.3m. At year end it held assets of $542.7m against liabilities of $215.9m, net assets of $326.8m. It reported 3,033 employees.