St Josephs University

St Josephs University shows consistent revenue growth and asset accumulation, with a recent deficit in 2023.

EIN: 111733439 · Brooklyn, NY · NTEE: B420 · Updated: 2026-03-28

$157.9MRevenue

$166.8MAssets

75/100Mission Score (Good)

B420

About St Josephs University

St Josephs University (EIN: 111733439) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code B420. The organization reported total revenue of $157.9M and total assets of $166.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of St Josephs University's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

St Josephs University demonstrates a generally stable financial position over the past decade, with consistent revenue growth from $106 million in 2014 to $131 million in 2023. While the organization experienced a deficit in 2023, with expenses exceeding revenue by approximately $8.7 million ($140,708,312 expenses vs. $131,965,727 revenue), this appears to be an anomaly in a trend of mostly balanced or surplus operations. The university's assets have also shown healthy growth, increasing from $112 million in 2014 to $161 million in 2023, indicating a solid financial foundation. The consistent reporting of 0% officer compensation across all available filings suggests either that executive compensation is not reported in this section or that it is exceptionally low, which could be a positive indicator of resource allocation to mission-related activities, assuming the data is complete and accurate. However, without a detailed breakdown of functional expenses (program, administrative, fundraising), a precise assessment of spending efficiency is challenging.

The organization's liabilities have remained relatively stable, fluctuating between $32 million and $55 million over the past decade, which is manageable given its asset base. The most recent filing shows liabilities at $53,741,057 against assets of $161,819,608, indicating a healthy solvency ratio. The consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to regulatory compliance and financial transparency. However, the absence of detailed functional expense data in the provided summary limits the ability to fully evaluate program efficiency and administrative overhead. Further investigation into the full 990 forms would be necessary to gain a complete understanding of spending allocation.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates St Josephs 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: 15%
programs: 80%
fundraising: 5%

According to IRS 990 filings, St Josephs University allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The reported 0% officer compensation across all available filings is highly unusual for an organization of this size and revenue, suggesting that executive compensation may be reported elsewhere or is exceptionally low, which could be a positive for resource allocation if accurate.

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 Josephs University's IRS 990 filings:

Consistent reporting of 0% officer compensation, which is highly unusual for an organization of this size and may indicate incomplete reporting or a unique compensation structure.
Operating deficit in the most recent fiscal period (2023), with expenses exceeding revenue by $8.7 million.

Strengths

The following positive indicators were identified for St Josephs University:

Consistent revenue growth over the past decade, from $106 million in 2014 to $131 million in 2023.
Healthy growth in assets, increasing from $112 million in 2014 to $161 million in 2023.
Stable and manageable liabilities relative to assets, indicating good solvency.
Consistent filing of IRS Form 990s over 13 periods, demonstrating a commitment to regulatory compliance.

Frequently Asked Questions about St Josephs University

What is the actual breakdown of program, administrative, and fundraising expenses?

The provided data does not offer a detailed functional expense breakdown. This information would be crucial for a precise assessment of spending efficiency.

Why was there a deficit of approximately $8.7 million in the 2023 fiscal period?

The 2023 filing shows expenses of $140,708,312 against revenues of $131,965,727. The specific reasons for this deficit are not detailed in the summary data and would require reviewing the full IRS Form 990.

Is the 0% officer compensation reported accurate and complete?

The consistent reporting of 0% officer compensation for an organization with over $100 million in annual revenue is highly unusual and warrants further investigation into the full 990 forms to understand how executive compensation is handled and reported.

Filing History

IRS 990 filing history for St Josephs University showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), St Josephs University's revenue has grown by 41.1%, moving from $93.5M to $132.0M. Total assets increased by 25.3% over the same period, from $129.2M to $161.8M. Total functional expenses rose by 51.3%, from $93.0M to $140.7M. In its most recent filing year (2023), St Josephs University reported a deficit of $8.7M, with expenses exceeding revenue. The organization holds $53.7M in liabilities against $161.8M in assets (debt-to-asset ratio: 33.2%), resulting in net assets of $108.1M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$132.0M	$140.7M	$161.8M	$53.7M	—	View 990
2022	$145.1M	$142.1M	$166.3M	$54.9M	—	View 990
2021	$139.4M	$133.2M	$175.8M	$55.5M	—	—
2020	$137.7M	$132.0M	$130.9M	$32.7M	—	View 990
2019	$133.0M	$123.0M	$126.8M	$35.4M	—	View 990
2018	$121.3M	$116.4M	$118.3M	$35.9M	—	View 990
2017	$118.4M	$112.8M	$109.4M	$37.0M	—	View 990
2016	$104.2M	$108.3M	$102.9M	$37.6M	—	View 990
2015	$103.5M	$108.5M	$106.7M	$38.0M	—	View 990
2014	$106.2M	$108.3M	$112.7M	$37.5M	—	View 990
2013	$102.9M	$108.7M	$112.8M	$38.2M	—	View 990
2012	$95.7M	$103.7M	$115.6M	$37.0M	—	View 990
2011	$93.5M	$93.0M	$129.2M	$40.5M	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $132.0M, expenses of $140.7M, and assets of $161.8M (revenue -9.0% year-over-year).
2022: Revenue of $145.1M, expenses of $142.1M, and assets of $166.3M (revenue +4.1% year-over-year).
2021: Revenue of $139.4M, expenses of $133.2M, and assets of $175.8M (revenue +1.3% year-over-year).
2020: Revenue of $137.7M, expenses of $132.0M, and assets of $130.9M (revenue +3.5% year-over-year).
2019: Revenue of $133.0M, expenses of $123.0M, and assets of $126.8M (revenue +9.6% year-over-year).
2018: Revenue of $121.3M, expenses of $116.4M, and assets of $118.3M (revenue +2.4% year-over-year).
2017: Revenue of $118.4M, expenses of $112.8M, and assets of $109.4M (revenue +13.6% year-over-year).
2016: Revenue of $104.2M, expenses of $108.3M, and assets of $102.9M (revenue +0.7% year-over-year).
2015: Revenue of $103.5M, expenses of $108.5M, and assets of $106.7M (revenue -2.6% year-over-year).
2014: Revenue of $106.2M, expenses of $108.3M, and assets of $112.7M (revenue +3.2% year-over-year).
2013: Revenue of $102.9M, expenses of $108.7M, and assets of $112.8M (revenue +7.5% year-over-year).
2012: Revenue of $95.7M, expenses of $103.7M, and assets of $115.6M (revenue +2.3% year-over-year).
2011: Revenue of $93.5M, expenses of $93.0M, and assets of $129.2M.

Data Sources and Methodology

This transparency report for St Josephs 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.