Assumption University
Assumption University reported $129.1 million in revenue and $137.6 million in expenses for the fiscal year ending May 31, 2025. Of every $100 it spent, $93.67 went to program services, $4.76 to management and general costs and $1.57 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 86.4% of the total. The highest compensation it reported for one person was $543,851 (PRESIDENT). 76 people received more than $100,000 in reportable compensation. Revenue fell 12% between FY2021 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending May 31, 2025 · Form 990, Part IX, line 25 · total expenses $138MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending May 31, 2025 · Form 990, Part VIII · total revenue $129MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 93.7% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 4.8% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 1.6% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.23 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 7.4% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 4.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 86.4% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $543,851 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.40% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 76 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 16.8 | 13.3 |
| Independent voting board members Part VI 1a–1b | 24 of 24 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseHighest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT Officer, 40.00 hrs/week | $443,422 | $0 | $100,429 | $543,851 |
| VP FINANCE & ADMIN (THRU 10/28/24) Officer, 40.00 hrs/week | $301,217 | $0 | $45,319 | $346,536 |
| VP ENROLLMENT Key employee, 40.00 hrs/week | $252,907 | $0 | $48,500 | $301,407 |
| PROVOST Officer, 40.00 hrs/week | $228,295 | $0 | $50,787 | $279,082 |
| SECRETARY TO THE BOARD Officer, 40.00 hrs/week | $253,910 | $0 | $11,790 | $265,700 |
| DEAN Highest compensated employee, 40.00 hrs/week | $214,021 | $0 | $46,959 | $260,980 |
| DIRECTOR OF CYBERSECURITY Highest compensated employee, 40.00 hrs/week | $216,347 | $0 | $29,520 | $245,867 |
| DEAN Highest compensated employee, 40.00 hrs/week | $174,719 | $0 | $41,164 | $215,883 |
76 people received more than $100,000 in reportable compensation from Assumption University (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.6M (Part IX, line 5).
5 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b24 · 24 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18Yes
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 51,107
- Volunteers Part I, line 675
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| SODEXO INC & AFFILIATES Dining and facilities services | $5,953,797 |
| ARAMARK SERVICES INC Food services | $2,929,924 |
| DYNAMIC CAMPUS SOLUTIONS It services | $2,329,034 |
| LAURING CONSTRUCTION General contractor | $591,435 |
| 3 ENROLLMENT MARKETING Digital marketing agency | $508,082 |
Individuals listed as contractors are left out. 41 contractors were paid more than $100,000 in all.
Private foundation grants it received
16 private foundations reported grants to Assumption University totaling $130K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Assumption University's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Assumption University, you can publish a response that is linked from this page.
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Of every $100 Assumption University spent in FY2025, $93.67 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Hispanic Scholarship FundEl Segundo, CA · revenue $129M · programs 96.0% · FY2026
- The Moody Bible Institute of ChicagoChicago, IL · revenue $130M · programs 83.8% · FY2025
- University at Buffalo FoundationBuffalo, NY · revenue $129M · programs 99.3% · FY2025
- Loyalist College of Applied Arts & TechnologyCanada, · revenue $130M · programs 70.2% · FY2024
- Hampden-Sydney CollegeHampden Sydney, VA · revenue $129M · programs 81.5% · FY2025
All education charities · Largest charities in Massachusetts
Questions people ask
How much of Assumption University's spending goes to programs?
In the fiscal year ending May 31, 2025, Assumption University reported that 93.7% of its $137.6 million in expenses went to program services, 4.8% to management and general and 1.6% to fundraising (Form 990, Part IX).
How much does Assumption University pay its top executive?
The largest total compensation Assumption University reported for one person in the fiscal year ending May 31, 2025 was $543,851, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Assumption University get its money?
Of $129.1 million in revenue in the fiscal year ending May 31, 2025, 7.4% came from contributions and grants (including 4.0% from government grants) and 86.4% from program service revenue (Form 990, Part VIII).
Is Assumption University a registered charity?
The IRS lists EIN 04-2105776 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending May 31, 2025, object 202640999349301404 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending May 31, 2024, object 202541059349302204 · read the filing
- FY2023: Form 990 for the fiscal year ending May 31, 2023, object 202411029349301731 · read the filing
- FY2022: Form 990 for the fiscal year ending May 31, 2022, object 202321089349300637 · read the filing
- FY2021: Form 990 for the fiscal year ending May 31, 2021, object 202211049349300246 · read the filing
All filings for EIN 04-2105776: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.