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Alvernia University

Reading, PA · EIN 23-1522643 · 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

Alvernia University reported $120.7 million in revenue and $116.6 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $84.71 went to program services, $13.73 to management and general costs and $1.56 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 84.5% of the total. Government grants made up 9.9%. The highest compensation it reported for one person was $526,097 (PRESIDENT). 33 people received more than $100,000 in reportable compensation. Revenue rose 34% 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 $117M

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 $121M

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)
84.7%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
13.7%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
1.6%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.12$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
13.0%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
9.9%1.1%
Program service revenue share
Part VIII 2g ÷ 12
84.5%69.9%
Highest reported compensation
Part VII-A, columns D–F
$526,097$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.45%1.28%
People paid over $100,000
Part VII, line 2
338
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
12.313.3
Independent voting board members
Part VI 1a–1b
36 of 38100.0%

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
$99M expenses · 100.0% of program spending · grants $39M · revenue $102M

Conduct, operate and maintain a college for the education, training and spiritual guidance of men and women, with the power to confer upon students, who have successfully completed the required courses, the degree of bachelor of arts and the degree of bachelor of science, and such other degrees as may be approved and authorized by the department of education of the commonwealth of pennsylvania. The college has approximately 3,000 students, including undergraduates, graduates, and phd students

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, 40.00 hrs/week
$465,442$0$60,655$526,097
SVP, COO, SECRETARY
Director/trustee, officer, 40.00 hrs/week
$279,615$0$43,612$323,227
SVP, PROVOST
Officer, 40.00 hrs/week
$229,490$0$35,912$265,402
SVP, ENROLLMENT MGMT & STUDENT AFFAIRS
Former, 40.00 hrs/week
$236,479$0$16,430$252,909
CONSULTING EXECUTIVE DIRECTOR
Former, 40.00 hrs/week
$232,631$0$17,081$249,712
VP, CHIEF OPERATIONS OFFICER
Officer, 40.00 hrs/week
$199,251$0$39,377$238,628
VP, ADVANCEMENT & GOVERNMENT
Officer, 40.00 hrs/week
$208,109$0$26,438$234,547
DEAN, COLLEGE OF HEALTH SCIENCES
Key employee, 40.00 hrs/week
$170,338$0$37,424$207,762

33 people received more than $100,000 in reportable compensation from Alvernia 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, linked
RevenueExpenses
$0$50M$100M$150M$200MFY2020FY2021FY2022FY2023FY2024FY2025$121M$117M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$121M$117M84.7%$120M$526,097
FY2024 ⓘ$109M$109M84.1%$115M$631,749
FY2023 ⓘ$111M$105M84.1%$112M$629,629
FY2022 ⓘ$111M$96M84.0%$104M$586,532
FY2021 ⓘ$95M$87M82.5%$95M$471,789
FY2020 ⓘ$90M$89M83.6%$79M$520,471

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–1b38 · 36 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 51,364
  • Volunteers Part I, line 650

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
DUNMORE ROOFING & SUPPLY CO INC
Construction
$610,650
DIPINI CONSTRUCTION
Construction
$558,135
KRE SECURITY LLC
Security
$471,544
ETHOSOURCE LLC
Furniture
$270,957
JOHNSON CONTROLS FIRE PROPTECTION LP
Alarm systems
$257,703

Individuals listed as contractors are left out. 8 contractors were paid more than $100,000 in all.

Private foundation grants it received

22 private foundations reported grants to Alvernia University totaling $696K 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 Alvernia 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 Alvernia University, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Pennsylvania

Questions people ask

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

In the fiscal year ending June 30, 2025, Alvernia University reported that 84.7% of its $116.6 million in expenses went to program services, 13.7% to management and general and 1.6% to fundraising (Form 990, Part IX).

How much does Alvernia University pay its top executive?

The largest total compensation Alvernia University reported for one person in the fiscal year ending June 30, 2025 was $526,097, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Alvernia University get its money?

Of $120.7 million in revenue in the fiscal year ending June 30, 2025, 13.0% came from contributions and grants (including 9.9% from government grants) and 84.5% from program service revenue (Form 990, Part VIII).

Is Alvernia University a registered charity?

The IRS lists EIN 23-1522643 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 202631039349301703 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202541259349301119 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202420969349300117 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202341229349300524 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202210949349300611 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202120859349301317 · read the filing

All filings for EIN 23-1522643: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.