Education
(B420)
IRS Verified
DX Registered
990 on File
NAZARETH UNIVERSITY
Financial strength (30%)
79/100
Reliability (20%)
70/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
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CharityAI™ Score
Not yet evaluated
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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