Mercyhurst University

Organization Overview

Mercyhurst University is located in Erie, PA. The organization was established in 1960. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 05/2022, Mercyhurst University employed 1,687 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mercyhurst University 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 05/2021, Mercyhurst University generated $158.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $151.9m during the year ending 05/2021. While expenses have increased by 1.2% per year over the past 6 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.

Since 2015, Mercyhurst University has awarded 12 individual grants totaling $423,498. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

MERCYHURST UNIVERSITY IS A FULLY ACCREDITED, FOUR-YEAR, CATHOLIC COMPREHENSIVE INSTITUTION FOUNDED BY THE SISTERS OF MERCY IN 1926. THE ERIE (PA.) CAMPUS OFFERS SIXTY-SIX (66) UNDERGRADUATE MAJORS WITH SIXTY-FOUR (64) MINORS, AS WELL AS UNIQUE ADULT PROGRAMS AND TWELVE (12) GRADUATE PROGRAMS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

AT THE FALL CENSUS DATE DURING THE 2021-22 ACADEMIC YEAR THERE WERE 3059 STUDENTS ENROLLED IN UNDERGRADUATE, GRADUATE, AND ASSOCIATE DEGREE PROGRAMS AT THE MAIN CAMPUS IN ERIE (2645) AND AT NORTH EAST AND OTHER SATELLITES (414). THE STUDENT POPULATION WAS COMPRISED OF 2418 FULL-TIME AND 241 PART-TIME UNDERGRADUATE STUDENTS ALONG WITH 274 FULL-TIME AND 126 PART-TIME GRADUATE STUDENTS. THERE WERE 151 FULL-TIME AND 95 PART-TIME FACULTY. DURING THE ACADEMIC YEAR, 943 TOTAL DEGREES WERE CONFERRED IN THE FOLLOWING CATEGORIES: BACCALAUREATE 553, ASSOCIATE 110, MASTERS 224, UG CERTIFICATES 40 AND GRAD CERTIFICATES 16. THE UNIVERSITY OFFERED 13 GRADUATE PROGRAMS, 65 UNDERGRADUATE MAJORS WITH 70 MINORS, AND 9 ASSOCIATE DEGREE PROGRAMS.


AUXILIARY SERVICES INCLUDES STUDENT HOUSING, FOODSERVICE, THE UNIVERSITY BOOKSTORE AND THE UNIVERSITY'S CONFERENCE CENTER ON THE MAIN CAMPUS, AND THE UNIVERSITY BOOKSTORE ON THE NORTH EAST CAMPUS. THE TOTAL STUDENT POPULATION IN UNIVERSITY HOUSING ON THE MAIN CAMPUS WAS 1,806 FOR THE 2021-22 FISCAL YEAR. 1,468 STUDENTS AT THE MAIN CAMPUS HAD PAID MEAL PLANS WHILE MANY OTHER STUDENTS AND EMPLOYEES DINE IN UNIVERSITY FACILITIES ON A PAY-AS-YOU-GO BASIS. THE UNIVERSITY MAINTAINS A BOOKSTORE ON THE MAIN CAMPUS AS WELL AS THE NORTH EAST CAMPUS. THE UNIVERSITY HAS A CONFERENCE CENTER FACILITY AT THE MAIN CAMPUS AND REGULARLY HOSTS OUTSIDE GROUPS AND ORGANIZATIONS.


ALL OTHER PROGRAM RELATED ACTIVITIES.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Parkhurst Dining Services
Dining Services
$7,400,580
Aramark Corporation
Maintenance
$4,670,749
Weber Murphy Fox
Architecture And Construction Management
$760,714
Otis Elevator Company
Elevator Repairs And Installation
$442,053
Aro
Mailroom And Printing
$380,172
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $19,039,872
All other contributions, gifts, grants, and similar amounts not included above$1,289,476
Noncash contributions included in lines 1a–1f $344,075
Total Revenue from Contributions, Gifts, Grants & Similar$20,329,348
Total Program Service Revenue$136,743,509
Investment income $577,364
Tax Exempt Bond Proceeds $0
Royalties $600
Net Rental Income $30,008
Net Gain/Loss on Asset Sales $825,663
Net Income from Fundraising Events $145,665
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $158,652,157

Grants Awarded

Over the last fiscal year, Mercyhurst University has awarded $181,098 in support to 6 organizations.

Grant RecipientAmount

COMMUNITY & ECONOMIC DEVELOPMENT DEPARTMENT

Org PageRecipient Profile

Erie, PA

PURPOSE: Support the Erie Downtown Development Corporation Fund

$50,000

COMMUNITY & ECONOMIC DEVELOPMENT DEPARTMENT

Org PageRecipient Profile

Erie, PA

PURPOSE: Support the Erie Downtown Development Corporation Fund

$50,000

COMMUNITY & ECONOMIC DEVELOPMENT DEPARTMENT

Org PageRecipient Profile

Erie, PA

PURPOSE: Support the Erie Downtown Development Corporation Fund

$50,000

Erie, PA

PURPOSE: To provide services to people victimized by domestic violence and relationship abuse.

$10,366

Erie, PA

PURPOSE: To provide services to people victimized by domestic violence and relationship abuse.

$10,366

Erie, PA

PURPOSE: To provide services to people victimized by domestic violence and relationship abuse.

$10,366
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 31 grants that Mercyhurst University has recieved totaling $443,610.

Awarding OrganizationAmount
Erie Community Foundation

Erie, PA

PURPOSE: VARIOUS PROJECTS

$109,781
Ayco Charitable Foundation

Cohoes, NY

PURPOSE: EDUCATION

$95,000
Statler Foundation

Buffalo, NY

PURPOSE: SUPPORT

$50,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$39,497
United Way Of Erie County

Erie, PA

PURPOSE: POC

$35,000
Statler Foundation

Buffalo, NY

PURPOSE: SCHOLARSHIPS

$18,523
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$38,484,278
Earnings-$3,790,437
Net Contributions$1,176,627
Grants$1,311,086
Ending Balance$34,559,382

Peer Organizations

Organization NameAssets
Ithaca College
Ithaca, NY
$365,679,639
Touro University
New York, NY
$321,976,604
Saint Josephs University
Philadelphia, PA
$347,052,680
Colgate University Treasurers Office
Hamilton, NY
$378,114,548
Oberlin College
Oberlin, OH
$305,531,376
Skidmore College
Saratoga Springs, NY
$268,742,242
Lafayette College
Easton, PA
$228,460,340
Swarthmore College
Swarthmore, PA
$364,464,007
Denison University
Granville, OH
$275,909,448
Barnard College
New York, NY
$267,817,606
Gettysburg College
Gettysburg, PA
$196,773,554
Trustees Of Hamilton College
Clinton, NY
$220,131,728

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