Quinnipiac University
Quinnipiac University reported $658.6 million in revenue and $578.1 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $87.16 went to program services, $11.80 to management and general costs and $1.04 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 84.7% of the total. The highest compensation it reported for one person was $1,313,227 (PRESIDENT (UNTIL 06/25)). 437 people received more than $100,000 in reportable compensation. Revenue rose 32% 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 $578MFor 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 $659MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 87.2% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 11.8% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 1.0% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.41 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 2.2% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.9% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 84.7% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $1,313,227 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.23% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 437 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 32.7 | 13.3 |
| Independent voting board members Part VI 1a–1b | 24 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 expenseEducational programs: includes the provision of instruction as well as research activities. Quinnipiac University offers programs of instruction leading to undergraduate and graduate degrees in a wide range of professional fields relating to health sciences, business law, and communications, as well as in various theoretical and applied disciplines of arts and science. The university has approximately 6,500 full-time undergraduate, 200 part-time undergraduate, and 2,700 full-time and part-time graduate enrolled students
Auxiliary services: includes the provision of dormitory and dining services for residential students as well as upkeep for student facilities. Students at qu do more than earn a degree. They are part of a vibrant community where students rally around common interests, passions and causes. Students live in a diverse community in an environment purposefully designed to create a healthy and active lifestyle
Student service programs: includes the provision for programs and services supporting the student life program and expenditures relating to student financial aid. Quinnipiac University has a vast array of services to support its students including, but not limited to, health & wellness counseling and support, financial aid guidance, athletics and recreation, clubs and activities, spiritual and religious life
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 (UNTIL 06/25) Officer, 40.00 hrs/week | $1,253,068 | $0 | $60,159 | $1,313,227 |
| MEN'S ICE HOCKEY COACH Highest compensated employee, 40.00 hrs/week | $737,820 | $0 | $76,314 | $814,134 |
| DEAN OF THE SCHOOL OF MED. Highest compensated employee, 40.00 hrs/week | $645,229 | $0 | $17,250 | $662,479 |
| PROVOST Highest compensated employee, 40.00 hrs/week | $582,388 | $0 | $63,698 | $646,086 |
| CFO Officer, 40.00 hrs/week | $566,110 | $0 | $57,715 | $623,825 |
| MEN'S BASKETBALL COACH Highest compensated employee, 40.00 hrs/week | $504,458 | $0 | $46,719 | $551,177 |
| WOMEN'S BASKETBALL COACH Highest compensated employee, 40.00 hrs/week | $416,638 | $0 | $34,500 | $451,138 |
| FORMER PRESIDENT EMERITUS Former, 40.00 hrs/week | $224,631 | $0 | $48,659 | $273,290 |
437 people received more than $100,000 in reportable compensation from Quinnipiac University (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.0M (Part IX, line 5).
6 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–1b25 · 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 11aNo
- 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 14bYes
- Employees Part I, line 54,687
- Volunteers Part I, line 625
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| API Student educational services | $2,267,375 |
| STARCOM SYSTEMS It infrastructure | $1,059,965 |
| STRATEGIC SPACES LLC Interior design and furniture | $602,737 |
| ALL AREA LANDSCAPING LLC Landscaping | $544,818 |
Individuals listed as contractors are left out. 30 contractors were paid more than $100,000 in all.
Private foundation grants it received
50 private foundations reported grants to Quinnipiac University totaling $1.0M 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 Quinnipiac 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 Quinnipiac University, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Quinnipiac University spent in FY2025, $87.16 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Seton Hall UniversitySouth Orange, NJ · revenue $657M · programs 88.3% · FY2025
- University of Louisville Research FoundationLouisville, KY · revenue $659M · programs 97.9% · FY2025
- The New SchoolNew York, NY · revenue $631M · programs 85.4% · FY2025
- Universite de SherbrookeCanada, · revenue $662M · programs 76.9% · FY2025
- University of Illinois FoundationChampaign, IL · revenue $614M · programs 80.0% · FY2025
Questions people ask
How much of Quinnipiac University's spending goes to programs?
In the fiscal year ending June 30, 2025, Quinnipiac University reported that 87.2% of its $578.1 million in expenses went to program services, 11.8% to management and general and 1.0% to fundraising (Form 990, Part IX).
How much does Quinnipiac University pay its top executive?
The largest total compensation Quinnipiac University reported for one person in the fiscal year ending June 30, 2025 was $1,313,227, for the role of PRESIDENT (UNTIL 06/25) (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Quinnipiac University get its money?
Of $658.6 million in revenue in the fiscal year ending June 30, 2025, 2.2% came from contributions and grants (including 0.9% from government grants) and 84.7% from program service revenue (Form 990, Part VIII).
Is Quinnipiac University a registered charity?
The IRS lists EIN 06-0646701 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 202601339349302020 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202511349349307731 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202401359349310725 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202341359349302194 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202211369349309291 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202121379349308037 · read the filing
All filings for EIN 06-0646701: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.