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Albertus Magnus College

New Haven, CT · EIN 06-0646520 · 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

Albertus Magnus College reported $62.2 million in revenue and $53.6 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $84.49 went to program services, $5.04 to management and general costs and $10.47 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 66.3% of the total. The highest compensation it reported for one person was $500,277 (PRESIDENT/TRUSTEE). 38 people received more than $100,000 in reportable compensation. Revenue rose 56% 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 $54M

Program services$84.49 $45M
Management & general$5.04 $2.7M
Fundraising$10.47 $5.6M

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 $62M

Contributions & grants (non-government)$8.92 $5.5M
Government grants$0.37 $231K
Program service revenue$66.30 $41M
Investment income$23.47 $15M
Other revenue$0.94 $582K

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.
Measure	FY2025	Median
Program services Part IX 25(B) ÷ 25(A)	84.5%	84.4%
Management & general Part IX 25(C) ÷ 25(A)	5.0%	13.4%
Fundraising Part IX 25(D) ÷ 25(A)	10.5%	0.8%
Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h	$0.97	$0.04
Contributions & grants share of revenue Part VIII 1h ÷ 12	9.3%	19.1%
Government grants share of revenue Part VIII 1e ÷ 12	0.4%	1.1%
Program service revenue share Part VIII 2g ÷ 12	66.3%	69.9%
Highest reported compensation Part VII-A, columns D–F	$500,277	$331,578
Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A)	0.93%	1.28%
People paid over $100,000 Part VII, line 2	38	8
Net assets, in months of expenses Part X 33(B) ÷ monthly expenses	10.4	13.3
Independent voting board members Part VI 1a–1b	22 of 25	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 expense

$34M expenses · 74.8% of program spending · grants $17M · revenue $38M

Instruction, library, and student aid of approximately 1,350 college students by approximately 120 qualified instructors and the operation of the physical plant

$11M expenses · 25.2% of program spending · revenue $3.6M

Student services and auxiliary (student support) services consisting of housing, food service, laundry service, infirmary and counseling of approximately 1,350 college students

Highest 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/TRUSTEE Director/trustee, officer, 40.00 hrs/week	$482,595	$0	$17,682	$500,277
VP FOR FINANCE AND ADMINISTRATION Officer, 40.00 hrs/week	$230,140	$0	$23,888	$254,028
DEAN OF THE TAGLIATELA SCHOOL PF BUSINESS AND LEAD Highest compensated employee, 40.00 hrs/week	$237,366	$0	$0	$237,366
VP FOR ACADEMIC AFFAIRSS Highest compensated employee, 40.00 hrs/week	$204,196	$0	$32,348	$236,544
VICE PRESIDENT FOR ENROLLMENT MANAGEMENT Highest compensated employee, 40.00 hrs/week	$189,208	$0	$36,283	$225,491
VP FOR MARKETING AND COMMUNITY RELATION Highest compensated employee, 40.00 hrs/week	$182,387	$0	$25,546	$207,933
VP FOR ADVANCEMENT Highest compensated employee, 40.00 hrs/week	$183,005	$0	$17,058	$200,063

38 people received more than $100,000 in reportable compensation from Albertus Magnus College (Part VII, line 2). Compensation of current officers, directors and key employees totaled $808K (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

Filing	Revenue	Expenses	Programs	Net assets	Top pay
FY2025 ⓘ	$62M	$54M	84.5%	$46M	$500,277
FY2024 ⓘ	$43M	$47M	80.1%	$47M	$641,521
FY2023 ⓘ	$48M	$47M	79.0%	$44M	$459,483
FY2022 ⓘ	$46M	$47M	81.5%	$40M	$467,576
FY2021 ⓘ	$44M	$45M	79.5%	$54M	$448,644
FY2020 ⓘ	$40M	$44M	84.5%	$44M	$489,517

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–1b25 · 22 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 4Yes
Over $15,000 of professional fundraising services Part IV 18No
Over $10,000 of activity outside the U.S. Part IV 14bNo
Employees Part I, line 5524
Volunteers Part I, line 650

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only

CHARTWELLS DINING SERVICES Dining hall services	$1,125,137
SECURITAS SECURITY Security services	$924,030
EAB GLOBAL INC Student recruitment and financial aid se	$556,255
SOUTHGATE NURSERYMEN LLC Landscaping	$189,493
VANCORD Network services	$145,775

Individuals listed as contractors are left out. 6 contractors were paid more than $100,000 in all.

Private foundation grants it received

12 private foundations reported grants to Albertus Magnus College totaling $94,058 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 Albertus Magnus College's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Albertus Magnus College, you can publish a response that is linked from this page.

Report a correction Respond as Albertus Magnus College How this works

Similar-sized charities in this cause

The Blake School
Hopkins, MN · revenue $62M · programs 82.2% · FY2025
St Margaret of Scotland Episcopal School
San Juan Capistrano, CA · revenue $62M · programs 87.7% · FY2025
The Claremont Colleges
Claremont, CA · revenue $62M · programs 88.5% · FY2025
The Campanile Foundation
San Diego, CA · revenue $62M · programs 93.7% · FY2025
Lubbock Christian University
Lubbock, TX · revenue $62M · programs 74.5% · FY2025

All education charities · Largest charities in Connecticut

Questions people ask

How much of Albertus Magnus College's spending goes to programs?

In the fiscal year ending June 30, 2025, Albertus Magnus College reported that 84.5% of its $53.6 million in expenses went to program services, 5.0% to management and general and 10.5% to fundraising (Form 990, Part IX).

How much does Albertus Magnus College pay its top executive?

The largest total compensation Albertus Magnus College reported for one person in the fiscal year ending June 30, 2025 was $500,277, for the role of PRESIDENT/TRUSTEE (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Albertus Magnus College get its money?

Of $62.2 million in revenue in the fiscal year ending June 30, 2025, 9.3% came from contributions and grants (including 0.4% from government grants) and 66.3% from program service revenue (Form 990, Part VIII).

Is Albertus Magnus College a registered charity?

The IRS lists EIN 06-0646520 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 202620659349300622 · read the filing · XML
FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202403189349301040 · read the filing
FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202343359349301004 · read the filing
FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202340279349301119 · read the filing
FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202241339349306474 · read the filing
FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202121379349302962 · read the filing

All filings for EIN 06-0646520: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.