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Mercy University

Dobbs Ferry, NY · EIN 13-1967321 · 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

Mercy University reported $228.0 million in revenue and $214.2 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $79.78 went to program services, $19.52 to management and general costs and $0.70 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 82.4% of the total. Government grants made up 6.1%. The highest compensation it reported for one person was $657,134 (PRESIDENT). 155 people received more than $100,000 in reportable compensation. Revenue rose 7% 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 $214M

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 $228M

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)
79.8%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
19.5%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
$0.09$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
7.6%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
6.1%1.1%
Program service revenue share
Part VIII 2g ÷ 12
82.4%69.9%
Highest reported compensation
Part VII-A, columns D–F
$657,134$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.31%1.28%
People paid over $100,000
Part VII, line 2
1558
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
26.613.3
Independent voting board members
Part VI 1a–1b
16 of 23100.0%

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
$171M expenses · 100.0% of program spending · grants $44M · revenue $188M

Mercy University is a private, non-sectarian, non-profit institution accredited by the middle states commission on higher educationanddriven by a student-centered mission: to change lives through the power of higher education. Founded in 1950 by the sisters of mercy, the institution has grown from a junior college to a comprehensive university offering over 100 undergraduate and graduate degree and certificate programs across six schools: business, education, health and natural sciences, liberal arts, nursing, and social and behavioral sciences. In 2023, mercy received approval from 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
Director/trustee, officer, 35.00 hrs/week
$567,734$0$89,400$657,134
PROVOST (THRU 05/2025)
Key employee, 35.00 hrs/week
$467,399$0$73,321$540,720
VP, OPERATIONS & FACILITIES
Key employee, 35.00 hrs/week
$333,685$0$62,036$395,721
VP, ADMISSIONS
Key employee, 35.00 hrs/week
$343,552$0$52,152$395,704
CHIEF INFORMATION OFFICER
Highest compensated employee, 35.00 hrs/week
$283,902$0$78,087$361,989
DEAN, SCHOOL OF NURSING
Highest compensated employee, 35.00 hrs/week
$287,711$0$73,589$361,300
CHIEF OF STAFF (THRU 05/2025)
Officer, 35.00 hrs/week
$296,100$0$52,548$348,648
GENERAL COUNSEL/ACTING SECRETARY
Officer, 35.00 hrs/week
$260,597$0$75,142$335,739

155 people received more than $100,000 in reportable compensation from Mercy University (Part VII, line 2). Compensation of current officers, directors and key employees totaled $4.1M (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$228M$214M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$228M$214M79.8%$475M$657,134
FY2024 ⓘ$203M$206M80.8%$445M$589,316
FY2023 ⓘ$202M$196M80.0%$429M$986,431
FY2022 ⓘ$239M$209M79.3%$396M$974,192
FY2021 ⓘ$205M$189M81.3%$411M$860,426
FY2020 ⓘ$212M$200M80.8%$333M$833,697

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–1b23 · 16 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 2Yes
  • 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 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 52,508
  • Volunteers Part I, line 617

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
UG2 LLC
Facility management
$5,489,293
ELLUCIAN COMPANY LP
Information technology
$4,709,389
COMPASS GROUP USA INC
Food service
$3,865,590
EAB GLOBAL INC
Educational services
$1,417,437

Individuals listed as contractors are left out. 39 contractors were paid more than $100,000 in all.

Private foundation grants it received

18 private foundations reported grants to Mercy University totaling $915K 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 Mercy 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 Mercy University, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in New York

Questions people ask

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

In the fiscal year ending June 30, 2025, Mercy University reported that 79.8% of its $214.2 million in expenses went to program services, 19.5% to management and general and 0.7% to fundraising (Form 990, Part IX).

How much does Mercy University pay its top executive?

The largest total compensation Mercy University reported for one person in the fiscal year ending June 30, 2025 was $657,134, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Mercy University get its money?

Of $228.0 million in revenue in the fiscal year ending June 30, 2025, 7.6% came from contributions and grants (including 6.1% from government grants) and 82.4% from program service revenue (Form 990, Part VIII).

Is Mercy University a registered charity?

The IRS lists EIN 13-1967321 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 202621319349304872 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202541349349303744 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202431349349303998 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202321359349320552 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202221369349306282 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202111379349307216 · read the filing

All filings for EIN 13-1967321: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.