Saint Peters University
Saint Peters University: Stable Finances Amidst Revenue Fluctuations
EIN: 221508627 · Jersey City, NJ · NTEE: B430 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $166.3M |
| Total Expenses | $121.9M |
| Program Spending | 85% |
| Net Assets | $87.7M |
| Transparency Score | 75/100 |
Is Saint Peters University Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Saint Peters University directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Saint Peters University
Saint Peters University (EIN: 221508627) is a nonprofit organization based in Jersey City, NJ, classified under NTEE code B430. The organization reported total revenue of $166.3M and total assets of $187.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Saint Peters University's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Saint Peters University is a major nonprofit that has been operating for 80 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $116.6M |
| Total Expenses | $121.9M |
| Surplus / Deficit | $-5,283,135 |
| Total Assets | $177.5M |
| Total Liabilities | $89.8M |
| Net Assets | $87.7M |
| Operating Margin | -4.5% |
| Debt-to-Asset Ratio | 50.6% |
| Months of Reserves | 17.5 months |
Financial Health Grade: C
In 2023, Saint Peters University reported a deficit of $5.3M with expenses exceeding revenue, holds 17.5 months of operating reserves (strong position), has a debt-to-asset ratio of 50.6% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Saint Peters University's revenue has grown at a compound annual growth rate (CAGR) of 1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -9.2% | -0.9% | +13.6% |
| 2022 | +8.4% | +10.3% | -5.0% |
| 2021 | -2.2% | -8.7% | +10.2% |
| 2020 | -13.8% | -0.9% | -7.0% |
| 2019 | +8.7% | +4.1% | +22.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1270 |
| IRS Ruling Date | 1946 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Saint Peters University with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Saint Peters University allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $5.3M, with expenses exceeding revenue.
- Debt-to-asset ratio: 50.6%.
Executive Compensation Analysis
Executive compensation details are not explicitly provided in the given data, as 'c0%' likely refers to compensation from unrelated organizations, not direct executive salaries.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Saint Peters University's IRS 990 filings:
- Revenue decreased by over $11 million from 2022 to 2023, which could impact future program funding if not addressed.
Strengths
The following positive indicators were identified for Saint Peters University:
- Consistent growth in total assets over several years demonstrates strong financial stewardship and stability.
- The organization has maintained a positive net income (revenue exceeding expenses) in most reported years, indicating operational efficiency.
- Low liability-to-asset ratio (e.g., $89,791,852 liabilities vs. $177,499,871 assets in 2023) suggests a healthy balance sheet.
Frequently Asked Questions about Saint Peters University
Is Saint Peters University a legitimate charity?
Based on AI analysis of IRS 990 filings, Saint Peters University (EIN: 221508627) some concerns. Mission Score: 75/100. 1 red flag identified, 3 strengths noted.
How does Saint Peters University spend its money?
Saint Peters University directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Saint Peters University tax-deductible?
Saint Peters University is registered as a tax-exempt nonprofit (EIN: 221508627). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Saint Peters University's spending goes to programs?
Saint Peters University directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Saint Peters University compare to similar nonprofits?
With a transparency score of 75/100 (Good), Saint Peters University is above average for NTEE category B430 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Saint Peters University located?
Saint Peters University is headquartered in Jersey City, New Jersey and files with the IRS under EIN 221508627. It is classified under NTEE code B430.
How many years of IRS 990 filings does Saint Peters University have?
Saint Peters University has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $166.3M in total revenue.
What does Saint Peters University do?
Saint Peters University is a nonprofit organization in the Education sector, located in Jersey City, New Jersey. It is classified under NTEE code B430.
How much revenue does Saint Peters University have?
Saint Peters University reported total revenue of $166,324,137. Based on 13 IRS 990 filings on record.
What are Saint Peters University's total assets?
Saint Peters University holds total assets of $187,436,217 as reported in IRS 990 filings.
Where is Saint Peters University located?
Saint Peters University is based in Jersey City, New Jersey.
What is Saint Peters University's EIN?
Saint Peters University's Employer Identification Number (EIN) is 221508627. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Saint Peters University?
Saint Peters University is classified under NTEE code B430 (Education).
Is Saint Peters University a registered 501(c)(3)?
Yes, Saint Peters University is recognized as a tax-exempt organization by the IRS. EIN: 221508627.
Does Saint Peters University file IRS Form 990?
Yes, Saint Peters University has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Saint Peters University's revenue in 2023?
In the 202306 filing period, Saint Peters University reported total revenue of $116,646,712, total expenses of $121,929,847, and net assets of $177,499,871.
Is Saint Peters University's revenue growing or declining?
Saint Peters University's revenue is declining. Revenue went from $128,474,846 (202206) to $116,646,712 (202306), a -9.2% change. Based on 13 filings on record.
What is Saint Peters University's most recent 990 filing?
The most recent IRS Form 990 filing for Saint Peters University covers tax period 202306. It shows revenue of $116,646,712, expenses of $121,929,847, total assets of $177,499,871, and liabilities of $89,791,852.
How much does Saint Peters University spend on programs vs administration?
Based on IRS 990 analysis, Saint Peters University allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Saint Peters University a trustworthy charity?
Based on AI analysis of IRS 990 data, Saint Peters University appears trustworthy. Mission Score: 75/100 (Good). 1 red flag identified. 3 strengths noted.
What are the red flags for Saint Peters University?
The following concerns were identified: Revenue decreased by over $11 million from 2022 to 2023, which could impact future program funding if not addressed.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Saint Peters University's strengths?
Positive indicators for Saint Peters University include: Consistent growth in total assets over several years demonstrates strong financial stewardship and stability.. The organization has maintained a positive net income (revenue exceeding expenses) in most reported years, indicating operational efficiency.. Low liability-to-asset ratio (e.g., $89,791,852 liabilities vs. $177,499,871 assets in 2023) suggests a healthy balance sheet.. These findings are derived from AI analysis of the organization's financial filings.
How does Saint Peters University compensate executives?
Executive compensation details are not explicitly provided in the given data, as 'c0%' likely refers to compensation from unrelated organizations, not direct executive salaries. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the university plan to address the recent decline in revenue to ensure continued financial health and program delivery?
While the data shows a revenue dip in 2023, the consistent growth in assets and positive net income in previous years suggest a resilient financial structure. Future filings would need to be reviewed for specific strategies to mitigate revenue fluctuations.
What is the university's strategy for managing its liabilities, which have shown some fluctuation but remain significant relative to assets?
Liabilities have varied, for example, from $65,601,363 in 2022 to $89,791,852 in 2023. While the asset base is strong, understanding the nature of these liabilities (e.g., long-term debt vs. short-term payables) is crucial for a complete assessment of financial risk management.
Filing History
IRS 990 filing history for Saint Peters University showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Saint Peters University's revenue has grown by 21.8%, moving from $95.7M to $116.6M. Total assets increased by 56.9% over the same period, from $113.1M to $177.5M. Total functional expenses rose by 36%, from $89.6M to $121.9M. In its most recent filing year (2023), Saint Peters University reported a deficit of $5.3M, with expenses exceeding revenue. The organization holds $89.8M in liabilities against $177.5M in assets (debt-to-asset ratio: 50.6%), resulting in net assets of $87.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $116.6M | $121.9M | $177.5M | $89.8M | — | View 990 |
| 2022 | $128.5M | $123.0M | $156.3M | $65.6M | — | View 990 |
| 2021 | $118.5M | $111.5M | $164.5M | $65.8M | — | View 990 |
| 2020 | $121.2M | $122.1M | $149.3M | $68.0M | — | View 990 |
| 2019 | $140.7M | $123.2M | $160.6M | $74.7M | — | View 990 |
| 2018 | $129.4M | $118.3M | $131.4M | $67.6M | — | View 990 |
| 2017 | $118.3M | $116.4M | $131.7M | $79.7M | — | View 990 |
| 2016 | $109.5M | $110.7M | $133.0M | $97.2M | — | View 990 |
| 2015 | $109.0M | $103.5M | $134.1M | $92.0M | — | View 990 |
| 2014 | $100.3M | $100.1M | $137.5M | $92.0M | — | View 990 |
| 2013 | $92.6M | $90.9M | $133.1M | $97.9M | — | View 990 |
| 2012 | $91.0M | $89.7M | $176.1M | $148.7M | — | View 990 |
| 2011 | $95.7M | $89.6M | $113.1M | $76.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $116.6M, expenses of $121.9M, and assets of $177.5M (revenue -9.2% year-over-year).
- 2022: Revenue of $128.5M, expenses of $123.0M, and assets of $156.3M (revenue +8.4% year-over-year).
- 2021: Revenue of $118.5M, expenses of $111.5M, and assets of $164.5M (revenue -2.2% year-over-year).
- 2020: Revenue of $121.2M, expenses of $122.1M, and assets of $149.3M (revenue -13.8% year-over-year).
- 2019: Revenue of $140.7M, expenses of $123.2M, and assets of $160.6M (revenue +8.7% year-over-year).
- 2018: Revenue of $129.4M, expenses of $118.3M, and assets of $131.4M (revenue +9.4% year-over-year).
- 2017: Revenue of $118.3M, expenses of $116.4M, and assets of $131.7M (revenue +8.0% year-over-year).
- 2016: Revenue of $109.5M, expenses of $110.7M, and assets of $133.0M (revenue +0.5% year-over-year).
- 2015: Revenue of $109.0M, expenses of $103.5M, and assets of $134.1M (revenue +8.7% year-over-year).
- 2014: Revenue of $100.3M, expenses of $100.1M, and assets of $137.5M (revenue +8.3% year-over-year).
- 2013: Revenue of $92.6M, expenses of $90.9M, and assets of $133.1M (revenue +1.8% year-over-year).
- 2012: Revenue of $91.0M, expenses of $89.7M, and assets of $176.1M (revenue -5.0% year-over-year).
- 2011: Revenue of $95.7M, expenses of $89.6M, and assets of $113.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Saint Peters University:
Data Sources and Methodology
This transparency report for Saint Peters University is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.