Iona University
Iona University reported $208.1 million in revenue and $213.0 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $89.07 went to program services, $9.68 to management and general costs and $1.25 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 87.6% of the total. The highest compensation it reported for one person was $921,375 (PRESIDENT). 158 people received more than $100,000 in reportable compensation. Revenue rose 31% 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 $213MFor 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 $208MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 89.1% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 9.7% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 1.3% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.15 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 8.6% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 2.2% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 87.6% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $921,375 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.43% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 158 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 20.4 | 13.3 |
| Independent voting board members Part VI 1a–1b | 31 of 32 | 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 expenseTuition - founded by the congregation of christian brothers in 1940, Iona University is chartered by the state of new york and fully accredited by the federal department of education approved regional accreditor, the middle states commission on higher education (msche), to offer credit bearing coursework towards degrees and registered certificates at the undergraduate and graduate levels. In addition to msche, iona's academic programs hold multiple professional and special accreditations from independent accrediting bodies including the accreditation board for engineering and technology…
Student services - other academic and student support activities are provided for enrolled students and in support of faculty scholarship consistent with standards established by the new york state education department, the commission of higher education of the middle states association of schools and colleges and best practices in american higher education. These include fully staffed and operational libraries, a career development center, counseling center, health services center, it support center, faculty training center, tutoring and academic support center, campus ministries office…
Auxiliary enterprises - Iona University provides ancillary auxiliary services to both its student population and its employee base in an effort to support its educational mission: 1) residential services - as part of the student experience, Iona University offers on-campus residence hall housing and related services. The primary goal of iona's residential life program is to provide a safe, secure and comfortable environment where academic success, as well as the social, emotional, spiritual, physical and cultural development of each resident, is facilitated. 2) bookstore - the university has…
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 Director/trustee, officer, 65.0 hrs/week | $866,828 | $0 | $54,547 | $921,375 |
| HEAD COACH - MENS BASKETBALL Highest compensated employee, 50.0 hrs/week | $714,668 | $0 | $51,962 | $766,630 |
| PROVOST & SVP, ACADEMIC AFFAIRS Officer, 50.0 hrs/week | $328,868 | $0 | $65,833 | $394,701 |
| SVP, ENROLLMENT&STUDENT AFFAIR Key employee, 50.0 hrs/week | $325,992 | $0 | $38,918 | $364,910 |
| Dean OF THE NY-PRESBYTERIAN Highest compensated employee, 50.0 hrs/week | $321,570 | $0 | $35,929 | $357,499 |
| SVP, FACILITIES AND CAMPUS OPER. Key employee, 50.0 hrs/week | $344,159 | $0 | $6,603 | $350,762 |
| SVP, ADVN & EXTERNAL AFFAIRS Highest compensated employee, 50.0 hrs/week | $303,061 | $0 | $39,219 | $342,280 |
| SVP, FINANCE & ADMINISTRATION Officer, 50.0 hrs/week | $300,149 | $0 | $25,171 | $325,320 |
158 people received more than $100,000 in reportable compensation from Iona University (Part VII, line 2). Compensation of current officers, directors and key employees totaled $3.1M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, 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–1b32 · 31 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 4No
- Over $15,000 of professional fundraising services Part IV 18Yes
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 51,737
- Volunteers Part I, line 633
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| CHARTWELLS DINING SERVICES Food services | $7,671,348 |
| CONSIGLI CONSTRUCTION CO INC Construction | $2,138,205 |
| FOLLETT HIGHER EDUCATION GROUP LLC Retail | $1,969,165 |
| SLAM COLLABORATIVE INC Construction | $1,004,437 |
| CARNEGIE DARTLET Marketing | $649,921 |
Individuals listed as contractors are left out. 79 contractors were paid more than $100,000 in all.
Private foundation grants it received
13 private foundations reported grants to Iona University totaling $181K 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 Iona 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 Iona University, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Iona University spent in FY2025, $89.07 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Board of Trustees of Whitman CollegeWalla Walla, WA · revenue $208M · programs 79.7% · FY2025
- Clark Atlanta UniversityAtlanta, GA · revenue $209M · programs 78.5% · FY2025
- Trustees of Phillips AcademyAndover, MA · revenue $208M · programs 78.7% · FY2025
- University of LA VerneLA Verne, CA · revenue $209M · programs 81.0% · FY2025
- Tuskegee UniversityTuskegee Institute, AL · revenue $208M · programs 83.4% · FY2025
Questions people ask
How much of Iona University's spending goes to programs?
In the fiscal year ending June 30, 2025, Iona University reported that 89.1% of its $213.0 million in expenses went to program services, 9.7% to management and general and 1.3% to fundraising (Form 990, Part IX).
How much does Iona University pay its top executive?
The largest total compensation Iona University reported for one person in the fiscal year ending June 30, 2025 was $921,375, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Iona University get its money?
Of $208.1 million in revenue in the fiscal year ending June 30, 2025, 8.6% came from contributions and grants (including 2.2% from government grants) and 87.6% from program service revenue (Form 990, Part VIII).
Is Iona University a registered charity?
The IRS lists EIN 13-3508093 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 202641319349305589 · read the filing
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202501289349301740 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202411359349302641 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202311319349307631 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202241329349304869 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202101339349303090 · read the filing
All filings for EIN 13-3508093: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.