Mcphs University

Mcphs University Overview

Mcphs University is located in Boston, MA. The organization was established in 1934. According to its NTEE Classification (B50) the organization is classified as: Graduate & Professional Schools, under the broad grouping of Education and related organizations. As of 06/2020, Mcphs University employed 3,037 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 06/2020, Mcphs University generated $345.4m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $239.9m during the year ending 06/2020. While expenses have increased by 5.9% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

MCPHS UNIVERSITY IS A PRIVATE, ACCREDITED EDUCATIONAL INSTITUTION SPECIALIZING IN PREPARING STUDENTS FOR MEDICAL CAREERS BY PROVIDING INTENSIVE PROGRAMS OF STUDY IN PHARMACY AND OTHER HEALTH SCIENCES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE UNIVERSITY PROVIDED EDUCATIONAL PROGRAMS TO STUDENTS PURSUING UNDERGRADUATE AND GRADUATE DEGREES IN PHARMACY AND HEALTH SCIENCE DISCIPLINES.


THE UNIVERSITY PROVIDED DORMITORY ACCOMODATIONS FOR STUDENTS.


THE UNIVERSITY PROVIDED CONTINUING EDUCATION COURSES AND PROGRAMS FOR PHARMACISTS AND OTHER HEALTH CARE PROFESSIONALS.


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Mcphs University Board, Officers & Key Employees

Mcphs University Vendors

Vendor Name (Service)Compensation
Harvard Maintenance
Maintenance Services
$1,612,983
Chartwells Dining Services
Food & Catering Services
$1,433,270
Securitas Security Services
Security Services
$547,319
Canon Business Process Services
Document Management Services
$468,086
Professional Staffing Group
Staffing Services
$255,388
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$19,159
Related organizations$0
Government grants $645,759
All other contributions, gifts, grants, and similar amounts not included above$648,352
Noncash contributions included in lines 1a–1f $6,938
Total Revenue from Contributions, Gifts, Grants & Similar$1,313,270
Total Program Service Revenue$308,548,248
Investment income $33,052,007
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income -$270,001
Net Gain/Loss on Asset Sales $2,718,395
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $345,361,919

Mcphs University Grants Recieved

Over the last fiscal year, we have identified 1 grants that Mcphs University has recieved totaling $17,000.

Awarding OrganizationAmount
$17,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$45,152,623
Earnings$685,508
Net Contributions$185,286
Other Expense$620,298
Grants$368,240
Ending Balance$45,034,879

Mcphs University Peer Organizations

Organization NameAssets
Southern New Hampshire University
Manchester, NH
$997,084,962
Albert Einstein College Of Medicine
Bronx, NY
$364,446,517
Bentley University
Waltham, MA
$316,624,866
Teachers College Columbia University
New York, NY
$299,754,373
Mcphs University
Boston, MA
$345,361,919
Bryant University
Smithfield, RI
$218,647,857
Rhode Island School Of Design
Providence, RI
$216,882,419
Feinberg Graduate School Of The Weizmann Institute Of Science
New York, NY
$152,113,198
New York Medical College
Valhalla, NY
$119,697,970
New York Law School
New York, NY
$75,645,849
Brooklyn Law School
Brooklyn, NY
$65,236,818
Touro University
New York, NY
$91,677,502

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