University Of Scranton

Organization Overview

University Of Scranton is located in Scranton, PA. The organization was established in 1963. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 05/2022, University Of Scranton employed 2,469 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University Of Scranton is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 05/2022, University Of Scranton generated $255.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $249.0m during the year ending 05/2022. While expenses have increased by 1.6% per year over the past 7 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 990T Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE UNIVERSITY OF SCRANTON IS A CATHOLIC AND JESUIT UNIVERSITY DEDICATED TO EDUCATION.

Describe the Organization's Program Activity:

HIGHER EDUCATION; STUDENT FINANCIAL AID TOTAL INSTITUTIONAL FINANCIAL AID AWARDS PROCESSED AND DISBURSED BY THE FINANCIAL AID OFFICE AMOUNTED TO $83,938,709 TO RECIPIENTS. ADDITIONALLY, THE FINANCIAL AID OFFICE PROCESSED $47,452,849 OF FINANCIAL AID IN THE FORM OF LOANS TO STUDENTS. DURING THE 2021-2022 ACADEMIC YEAR 3,543 UNDUPLICATED RECIPIENTS RECEIVED SOME FORM OF FINANCIAL AID. LOANS PROVIDED TO STUDENTS AND THEIR PARENTS INCLUDE FEDERAL STAFFORD, PLUS, AND ALTERNATIVE LOANS. HIGHER EDUCATION; INSTRUCTION PROVIDES UNDERGRADUATE AND GRADUATE INSTRUCTION TO 3,487 UNDERGRADUATE AND 1,205 GRADUATE STUDENTS. THERE ARE 70 UNDERGRADUATE MAJOR PROGRAMS, 34 GRADUATE (MASTERS) LEVEL PROGRAMS, FOUR DOCTORAL PROGRAMS, AND OVER 100 CONTINUING AND PROFESSIONAL EDUCATION PROGRAMS TAUGHT AT THE UNIVERSITY.


HIGHER EDUCATION; AUXILIARY SERVICES: PROVIDES DORMITORY AND FOOD SERVICES TO APPROXIMATELY 2,070 RESIDENT STUDENTS AND FOOD SERVICES TO COMMUTER STUDENTS, FACULTY, STAFF AND ADMINISTRATION.


HIGHER EDUCATION; STUDENT SERVICES AND ACTIVITIES: EXPENDITURES OR ACTIVITIES WHOSE PURPOSE IS TO CONTRIBUTE TO STUDENTS' EMOTIONAL AND PHYSICAL WELL-BEING AND DEVELOPMENT OUTSIDE THE CLASSROOM.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Trustee
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Aramark
Food Service Provider
$9,115,735
Cambridge Incubator Inc
Covid Testing
$770,140
Dougherty Clifford & Wadsworth Corporation
Advertising
$457,455
Aj Guzzi General Contr Inc
Construction Contractor
$1,809,741
Scranton Electric Heating & Cooling Services Inc
Construction Contractor
$998,299
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$768,083
Related organizations$0
Government grants $13,422,141
All other contributions, gifts, grants, and similar amounts not included above$7,901,093
Noncash contributions included in lines 1a–1f $361,395
Total Revenue from Contributions, Gifts, Grants & Similar$22,091,317
Total Program Service Revenue$218,985,275
Investment income $5,420,918
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income -$20,290
Net Gain/Loss on Asset Sales $5,592,687
Net Income from Fundraising Events -$19,826
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $255,085,812

Grants Recieved

Over the last fiscal year, we have identified 3 grants that University Of Scranton has recieved totaling $59,032.

Awarding OrganizationAmount
Leslie E Morgan Charitable Tr

Pittsburgh, PA

PURPOSE: GENERAL SUPPORT

$29,032
Ra Rendich Foundation For The Educational Fund 365463

Dallas, TX

PURPOSE: RICHARD A RENDICH

$25,000
John Charles & Kathryn S Redmond Foundation

Blue Bell, PA

PURPOSE: EDUCATION

$5,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$275,733,702
Earnings-$7,407,766
Admin Expense$1,570,399
Net Contributions$4,537,824
Other Expense$4,047,702
Grants$4,487,046
Ending Balance$262,758,613

Peer Organizations

Organization NameAssets
Fordham University
Bronx, NY
$953,892,663
Rochester Institute Of Technology
Rochester, NY
$1,071,324,345
St Johns University New York
Jamaica, NY
$798,473,536
University Of Dayton
Dayton, OH
$747,930,230
Villanova University
Villanova, PA
$872,271,471
Rensselaer Polytechnic Institute
Troy, NY
$653,047,178
Rockefeller University
New York, NY
$535,346,959
Lehigh University
Bethlehem, PA
$713,288,867
The New School
New York, NY
$558,997,855
Hofstra University
Hempstead, NY
$606,887,297
American University Of Beirut
New York, NY
$608,300,843
Seton Hall University
South Orange, NJ
$473,034,000

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