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Suffolk University

Boston, MA · EIN 04-2133255 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Suffolk University reported $358.6 million in revenue and $386.5 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $85.01 went to program services, $14.24 to management and general costs and $0.75 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 91.7% of the total. The highest compensation it reported for one person was $964,487 (PRESIDENT, EX-OFFICIO TRUSTEE). 331 people received more than $100,000 in reportable compensation. Revenue rose 9% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $386M

For 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 June 30, 2025 · Form 990, Part VIII · total revenue $359M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
85.0%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
14.2%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.7%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.21$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
3.9%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
1.7%1.1%
Program service revenue share
Part VIII 2g ÷ 12
91.7%69.9%
Highest reported compensation
Part VII-A, columns D–F
$964,487$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.25%1.28%
People paid over $100,000
Part VII, line 2
3318
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
8.813.3
Independent voting board members
Part VI 1a–1b
25 of 26100.0%

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 expense
$150M expenses · 45.6% of program spending · grants $66M · revenue $157M

The college of arts and sciences prepares students of all ages and backgrounds to live more fulfilling lives, to appreciate and contribute to the communities of which they are members and to reach their ethical, personal, intellectual and financial goals. To help its students maximize their potential, the college emphasizes critical and analytical thinking through a rigorous "success skills" undergraduate core program in written and oral communication, computing, analyzing, and integrating. Faculty scholarship supports diversified liberal arts concentrations available in the humanities, the…

$108M expenses · 32.9% of program spending · grants $44M · revenue $102M

The sawyer business school (sbs) creates a learning environment that enables students to emerge as successful leaders in the practice of global business and public services. The sbs values excellence in education and research, and works with its students, alumni, and business partners to achieve their goals. The programs are built on the core values of promoting opportunity, excellence, quality teaching, inclusion and collaboration, and exceptional service

$71M expenses · 21.5% of program spending · grants $23M · revenue $71M

The law school is dedicated to welcoming students from all backgrounds and circumstances and educating them to become highly skilled and ethical lawyers who are well-prepared to serve in their local communities, across the nation, and around the world. The law school seeks to develop in its students the skills necessary to serve the profession's changing needs in an increasingly diverse, global, and technologically-dependent society. The law school's goal is to provide its students with access to an excellent legal education, inspire a commitment to justice, and provide its graduates the…

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT, EX-OFFICIO TRUSTEE
Director/trustee, officer, 50.00 hrs/week
$888,855$0$75,632$964,487
DEAN, LAW SCHOOL
Key employee, 50.00 hrs/week
$455,318$0$82,813$538,131
DEAN, SAWYER BUSINESS SCHOOL
Key employee, 50.00 hrs/week
$394,258$0$47,123$441,381
VP OF ADVANCEMENT
Key employee, 50.00 hrs/week
$347,745$0$77,988$425,733
CFO/TREASURER (UNITL FEB. 2025)
Officer, 50.00 hrs/week
$341,163$0$68,727$409,890
GENERAL COUNSEL
Key employee, 50.00 hrs/week
$319,994$0$79,655$399,649
VP/MARKETING & COMMUNICATION
Key employee, 50.00 hrs/week
$312,125$0$70,211$382,336
VP OF ADMINISTRATION
Key employee, 50.00 hrs/week
$346,438$0$33,088$379,526

331 people received more than $100,000 in reportable compensation from Suffolk University (Part VII, line 2). Compensation of current officers, directors and key employees totaled $5.3M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$100M$200M$300M$400MFY2020FY2021FY2022FY2023FY2024FY2025$359M$386M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$359M$386M85.0%$285M$964,487
FY2024 ⓘ$352M$388M86.1%$296M$988,141
FY2023 ⓘ$339M$370M86.7%$312M$1,004,885
FY2022 ⓘ$382M$340M86.3%$321M$787,376
FY2021 ⓘ$328M$335M85.2%$373M$708,031
FY2020 ⓘ$330M$339M85.9%$315M$713,057

Governance 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–1b26 · 25 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 26Yes
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 53,334
  • Volunteers Part I, line 6701

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
ABM INDUSTRY GROUPS LLC
Facilities maintenance & cleaning
$13,926,349
ONE SIXTY OVER NINETY LLC
Marketing campaign development
$1,699,377
DAPA RESEARCH INC
Market research
$1,238,450
NBBJ LP
Architecture & design
$1,002,099
COGNIZANT TECHNOLOGY US CORP
Erp system implementation
$844,989

Individuals listed as contractors are left out. 17 contractors were paid more than $100,000 in all.

Private foundation grants it received

41 private foundations reported grants to Suffolk University totaling $418K 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 Suffolk 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 Suffolk University, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Massachusetts

Questions people ask

How much of Suffolk University's spending goes to programs?

In the fiscal year ending June 30, 2025, Suffolk University reported that 85.0% of its $386.5 million in expenses went to program services, 14.2% to management and general and 0.7% to fundraising (Form 990, Part IX).

How much does Suffolk University pay its top executive?

The largest total compensation Suffolk University reported for one person in the fiscal year ending June 30, 2025 was $964,487, for the role of PRESIDENT, EX-OFFICIO TRUSTEE (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Suffolk University get its money?

Of $358.6 million in revenue in the fiscal year ending June 30, 2025, 3.9% came from contributions and grants (including 1.7% from government grants) and 91.7% from program service revenue (Form 990, Part VIII).

Is Suffolk University a registered charity?

The IRS lists EIN 04-2133255 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 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 June 30, 2025, object 202601339349309120 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202521339349306567 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202421369349311672 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202311359349307876 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202231369349307828 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202101339349302700 · read the filing

All filings for EIN 04-2133255: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.