Charity Search / NAZARETH UNIVERSITY
Education (B420) IRS Verified DX Registered 990 on File

NAZARETH UNIVERSITY

EIN: 16-0743088 · ROCHESTER, NY 14618-3703 · United States · FY 2023 Data
3 out of 5 59 / 100 Based on 2+ years of filings
Financial strength (30%) 79/100
Reliability (20%) 70/100
Effectiveness (25%) 88/100
Impact (25%) No data yet
Financial data: FY 2023 · Scored 9/13/2026
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CharityAI™ Score
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Mission Statement

he mission of Nazareth College is to provide a learning community that educates students in the liberal arts, sciences, visual and performing arts, and professional fields, fostering commitment to a life informed by intellectual, ethical, spiritual, and aesthetic values; to develop skills necessary for the pursuit of meaningful careers; and to inspire dedication to the ideal of service to their communities.

Financial Overview — FY 2023
$138.4M
Total Revenue
$124.7M
Total Expenses
$227.9M
Net Assets
2273
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 89.9%
Fundraising Efficiency 10854.6%
Operating Reserve 21.94x
Liability-to-Asset 21.3%
Revenue Diversification 78.6%
Executive Compensation $2.2M
Compared with Peers
FY 2023
Compared with 607 similar organizations (United States, Education, $100M and over in expenses), FY 2023.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
89.9% 87.4%
P10P90
Above median
Admin expense ratio
Management and general / total expenses · lower is better
8.9% 10.5%
P10P90
Above median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
1.2% 1.3%
P10P90
Above median
Fundraising efficiency
Fundraising expenses / gross fundraising income · lower is better
10854.6% 4415.8%
P10P90
Below median
Operating reserve
Months of expenses covered by net assets · higher is better
21.9 mo 20.3 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
21.3% 27.0%
P10P90
Above median
Revenue concentration
Share of revenue from the largest source · lower is better
78.6% 84.6%
P10P90
Above median
Revenue growth
Year over year revenue growth
11.6% -2.0%
P10P90
Expense growth
Year over year expense growth
0.5% 5.9%
P10P90
Surplus margin
Surplus as a share of revenue
10.0% 1.3%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $138.4M $124.7M $227.9M 89.9% 2273
2022 $124.1M $124.0M $220.4M 90.1% 2192
2021 $122.6M $116.5M N/A 2193
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Organization Details
EIN
16-0743088
State
NY
City
ROCHESTER
ZIP
14618-3703
Classification
B420
Category
Education
Rating
3★
Coverage
A
Last Updated
Aug 2026
Foundation Code
11
Form 990
On File
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