St Francis College
St Francis College reports significant revenue growth and asset expansion in its latest filing, reversing prior years of operating deficits.
EIN: 111635105 · Brooklyn, NY · NTEE: B420 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $94.1M |
| Total Expenses | $120.9M |
| Program Spending | 85% |
| Net Assets | $85.1M |
| Transparency Score | 75/100 |
Is St Francis College Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
St Francis College directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About St Francis College
St Francis College (EIN: 111635105) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code B420. The organization reported total revenue of $94.1M and total assets of $369.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of St Francis College's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
St Francis College is a major nonprofit that has been operating for 30 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $186.9M |
| Total Expenses | $120.9M |
| Surplus / Deficit | +$66.0M |
| Total Assets | $506.0M |
| Total Liabilities | $420.9M |
| Net Assets | $85.1M |
| Operating Margin | 35.3% |
| Debt-to-Asset Ratio | 83.2% |
| Months of Reserves | 50.2 months |
Financial Health Grade: A
In 2023, St Francis College reported a surplus of $66.0M with revenue exceeding expenses, holds 50.2 months of operating reserves (strong position), has a debt-to-asset ratio of 83.2% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), St Francis College's revenue has grown at a compound annual growth rate (CAGR) of 11.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +129.6% | +4.9% | +11.7% |
| 2022 | -9.2% | +9.8% | +10.0% |
| 2021 | +17.6% | +12.4% | +182.1% |
| 2020 | +8.9% | +8.9% | +12.7% |
| 2019 | -2.3% | +8.1% | -5.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
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 St Francis College 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, St Francis College 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 surplus of $66.0M, with revenue exceeding expenses.
- Debt-to-asset ratio: 83.2%.
Executive Compensation Analysis
The filings consistently report 0% officer compensation, which suggests either a volunteer leadership structure or that executive compensation is not categorized under 'Officer Comp' in the provided data, making it difficult to assess relative to the organization's size and revenue.
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 St Francis College's IRS 990 filings:
- Consistent 0% officer compensation, potentially obscuring true leadership costs.
- Significant increase in liabilities from $45,927,412 in 201906 to $420,851,284 in 202306.
Strengths
The following positive indicators were identified for St Francis College:
- Strong revenue growth and operating surplus in the most recent 202306 filing ($186,891,975 revenue vs. $120,862,369 expenses).
- Substantial asset base of $505,951,692 in 202306, indicating significant institutional capacity.
- Demonstrated ability to recover from prior years' operating deficits, as seen in the 202306 results.
Frequently Asked Questions about St Francis College
Is St Francis College a legitimate charity?
St Francis College (EIN: 111635105) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $94.1M. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does St Francis College spend its money?
St Francis College directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to St Francis College tax-deductible?
St Francis College is registered as a tax-exempt nonprofit (EIN: 111635105). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of St Francis College's spending goes to programs?
St Francis College directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does St Francis College compare to similar nonprofits?
With a transparency score of 75/100 (Good), St Francis College is above average for NTEE category B420 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is St Francis College located?
St Francis College is headquartered in Brooklyn, New York and files with the IRS under EIN 111635105. It is classified under NTEE code B420.
How many years of IRS 990 filings does St Francis College have?
St Francis College 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 $94.1M in total revenue.
What caused the dramatic increase in revenue and assets in the 202306 period?
The provided data shows a jump from $81,412,442 in revenue in 202206 to $186,891,975 in 202306, and assets from $452,826,805 to $505,951,692. This significant increase warrants further investigation into specific grants, donations, or capital projects.
How is executive compensation truly handled if 'Officer Comp' is consistently 0%?
The consistent 0% for officer compensation across all filings suggests that either the leadership is entirely volunteer-based, or compensation for key executives is reported under other expense categories (e.g., salaries and wages for employees), which would require a deeper dive into the full 990 form for clarity.
What is the long-term strategy for managing the increasing liabilities?
Liabilities have grown significantly, from $45,927,412 in 201906 to $420,851,284 in 202306. While assets have also grown, understanding the nature of these liabilities (e.g., bonds, mortgages) and the repayment plan is crucial for assessing long-term financial stability.
Filing History
IRS 990 filing history for St Francis College showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), St Francis College's revenue has grown by 253.5%, moving from $52.9M to $186.9M. Total assets increased by 244.4% over the same period, from $146.9M to $506.0M. Total functional expenses rose by 131.8%, from $52.1M to $120.9M. In its most recent filing year (2023), St Francis College reported a surplus of $66.0M, with revenue exceeding expenses. The organization holds $420.9M in liabilities against $506.0M in assets (debt-to-asset ratio: 83.2%), resulting in net assets of $85.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $186.9M | $120.9M | $506.0M | $420.9M | — | — |
| 2022 | $81.4M | $115.2M | $452.8M | $434.4M | — | View 990 |
| 2021 | $89.7M | $104.9M | $411.6M | $353.1M | — | View 990 |
| 2020 | $76.3M | $93.3M | $145.9M | $83.2M | — | View 990 |
| 2019 | $70.1M | $85.7M | $129.5M | $45.9M | — | View 990 |
| 2018 | $71.7M | $79.2M | $137.1M | $43.3M | — | View 990 |
| 2017 | $76.7M | $75.1M | $141.2M | $42.7M | — | View 990 |
| 2016 | $69.2M | $71.6M | $138.4M | $43.9M | — | View 990 |
| 2015 | $69.4M | $68.3M | $144.8M | $45.0M | — | View 990 |
| 2014 | $65.2M | $65.5M | $149.7M | $48.1M | — | View 990 |
| 2013 | $59.8M | $63.5M | $145.3M | $49.7M | — | View 990 |
| 2012 | $54.7M | $57.3M | $145.8M | $52.7M | — | View 990 |
| 2011 | $52.9M | $52.1M | $146.9M | $51.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $186.9M, expenses of $120.9M, and assets of $506.0M (revenue +129.6% year-over-year).
- 2022: Revenue of $81.4M, expenses of $115.2M, and assets of $452.8M (revenue -9.2% year-over-year).
- 2021: Revenue of $89.7M, expenses of $104.9M, and assets of $411.6M (revenue +17.6% year-over-year).
- 2020: Revenue of $76.3M, expenses of $93.3M, and assets of $145.9M (revenue +8.9% year-over-year).
- 2019: Revenue of $70.1M, expenses of $85.7M, and assets of $129.5M (revenue -2.3% year-over-year).
- 2018: Revenue of $71.7M, expenses of $79.2M, and assets of $137.1M (revenue -6.4% year-over-year).
- 2017: Revenue of $76.7M, expenses of $75.1M, and assets of $141.2M (revenue +10.9% year-over-year).
- 2016: Revenue of $69.2M, expenses of $71.6M, and assets of $138.4M (revenue -0.3% year-over-year).
- 2015: Revenue of $69.4M, expenses of $68.3M, and assets of $144.8M (revenue +6.3% year-over-year).
- 2014: Revenue of $65.2M, expenses of $65.5M, and assets of $149.7M (revenue +9.1% year-over-year).
- 2013: Revenue of $59.8M, expenses of $63.5M, and assets of $145.3M (revenue +9.3% year-over-year).
- 2012: Revenue of $54.7M, expenses of $57.3M, and assets of $145.8M (revenue +3.5% year-over-year).
- 2011: Revenue of $52.9M, expenses of $52.1M, and assets of $146.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for St Francis College:
Data Sources and Methodology
This transparency report for St Francis College 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.