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Sacred Heart University

Fairfield, CT · EIN 06-0776644 · 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

Sacred Heart University reported $575.7 million in revenue and $504.1 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $88.58 went to program services, $10.54 to management and general costs and $0.88 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 90.9% of the total. The highest compensation it reported for one person was $1,524,281 (PRESIDENT). 372 people received more than $100,000 in reportable compensation. Revenue rose 52% 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 $504M

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 $576M

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)
88.6%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
10.5%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.9%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.17$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
4.5%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
1.5%1.1%
Program service revenue share
Part VIII 2g ÷ 12
90.9%69.9%
Highest reported compensation
Part VII-A, columns D–F
$1,524,281$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.30%1.28%
People paid over $100,000
Part VII, line 2
3728
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
23.213.3
Independent voting board members
Part VI 1a–1b
21 of 22100.0%

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
$153M expenses · 34.2% of program spending · grants $153M

Sacred Heart University's student financial assistance office is dedicated to helping students and their families fin the most affordable options for attending college. Full-time undergraduate students can access two main types of financial assistance: (1) traditional merit or need-based aid, and (2) a variety of other resources available to all families, regardless of eligibility for traditional aid. Part-time undergraduate and graduate students may also qualify for several financial assistance options

$143M expenses · 32.0% of program spending · revenue $431M

Sacred Heart continues to offer a broad array of undergraduate and graduate programs regardless of which undergraduate or graduate program is chosen, our focus on academic opportunities - rooted in the catholic intellectual tradition and the principles of engaged learning-provides each student with a rich, personalized educational experience

$73M expenses · 16.4% of program spending · revenue $5.2M

Sacred Heart University is committed to meeting the needs of its student body by offering a wide range of services that support student success and enhance the overall student experience. Through academic advising, career services, the student success center, the office of accessibility, the maureen hamilton wellness center, and student life programs, the university provides resources aligned with its mission. The university also promotes active learning beyond the classroom through athletics, fraternity and sorority life, performing arts, and leadership opportunities that help students grow…

$77M all other programs (line 4d)

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
Director/trustee, officer, 35.0 hrs/week
$1,394,216$0$130,065$1,524,281
PROVOST
Officer, 35.0 hrs/week
$487,965$0$83,794$571,759
SR VICE PRESIDENT FOR FINANCE
Officer, 35.0 hrs/week
$484,714$0$72,035$556,749
DEAN
Highest compensated employee, 35.0 hrs/week
$451,724$0$47,174$498,898
SR VP FOR STUDENT ENGAGEMENT
Key employee, 35.0 hrs/week
$367,269$0$76,579$443,848
SR VP FOR UNIVERSITY ADVANCEMENT
Highest compensated employee, 35.0 hrs/week
$385,142$0$30,702$415,844
SR VICE PRESIDENT FOR ADMINISTRATION
Key employee, 35.0 hrs/week
$366,942$0$41,092$408,034
GENERAL COUNSEL
Officer, 35.0 hrs/week
$347,746$0$48,063$395,809

372 people received more than $100,000 in reportable compensation from Sacred Heart University (Part VII, line 2). Compensation of current officers, directors and key employees totaled $4.4M (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$200M$400M$600M$800MFY2020FY2021FY2022FY2023FY2024FY2025$576M$504M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$576M$504M88.6%$976M$1,524,281
FY2024 ⓘ$540M$459M89.0%$880M$1,476,595
FY2023 ⓘ$509M$425M89.5%$768M$1,391,683
FY2022 ⓘ$477M$400M88.7%$666M$1,316,501
FY2021 ⓘ$421M$355M88.5%$612M$2,212,775
FY2020 ⓘ$378M$327M87.3%$507M$1,167,558

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–1b22 · 21 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 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 55,843
  • Volunteers Part I, line 6150

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
Compass Group Inc (Chartwell's Higher Education)
Food services for Meal Plans and University functions
$22,958,749
Consigli Construction Co Inc
Construction Services
$15,424,696
Southeast Service Corporation
Janitorial Services
$6,977,240
DATTCO Inc
Transportation Services
$3,477,417
Risepoint LLC
Education Technology Services
$2,966,400

Individuals listed as contractors are left out. 118 contractors were paid more than $100,000 in all.

Private foundation grants it received

68 private foundations reported grants to Sacred Heart University totaling $1.3M 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 Sacred Heart 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 Sacred Heart University, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Connecticut

Questions people ask

How much of Sacred Heart University's spending goes to programs?

In the fiscal year ending June 30, 2025, Sacred Heart University reported that 88.6% of its $504.1 million in expenses went to program services, 10.5% to management and general and 0.9% to fundraising (Form 990, Part IX).

How much does Sacred Heart University pay its top executive?

The largest total compensation Sacred Heart University reported for one person in the fiscal year ending June 30, 2025 was $1,524,281, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Sacred Heart University get its money?

Of $575.7 million in revenue in the fiscal year ending June 30, 2025, 4.5% came from contributions and grants (including 1.5% from government grants) and 90.9% from program service revenue (Form 990, Part VIII).

Is Sacred Heart University a registered charity?

The IRS lists EIN 06-0776644 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 202641349349301749 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202511359349306401 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202411359349308146 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202331339349300423 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202221349349301002 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202131349349305293 · read the filing

All filings for EIN 06-0776644: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.