Notre Dame de Namur University

Analysis

Notre Dame de Namur University is a registered charity in United States, based in Belmont, CA. 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, Notre Dame de Namur University reported income of $9.3m and spending of $16.3m, spending 175% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $41.3m to $9.3m (-77%), an average of -31% a year. The sharpest change came in the year to June 2021, when income dropped by 57%. Over the whole period it spent 123% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Notre Dame de Namur University sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Community College Preparatory Academy Public Charter School ($9.3m), Reach Leadership Academy ($9.3m) and Yeshiva Tiferes Yisroel ($9.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 15% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $893k (5.5% of expenses). Other salaries and wages came to $5.4m. At year end it held assets of $52.4m against liabilities of $23.2m, net assets of $29.2m. It reported 161 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.