St Marys University of San Antonio

Analysis

St Marys University of San Antonio is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in June 1972, 54 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 May 2023, St Marys University of San Antonio reported income of $152.8m and spending of $155.6m, spending 102% of its income. Across the 5 years on record, from May 2019 to May 2023, income fell from $165.3m to $152.8m (-7.6%), an average of -1.9% a year. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Marys University of San Antonio 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 Yale University Retiree Health Benefits Coverage TR ($152.2m), The Greater Boston Food Bank Inc ($153.3m) and National Park Foundation ($151.6m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 14% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $2.4m (1.6% of expenses). Other salaries and wages came to $51.8m. At year end it held assets of $378.5m against liabilities of $42.3m, net assets of $336.2m. It reported 1,981 employees.