Carlow University
85% goes to programs $15 to raise $100 Strong reserves Growing revenue
Carlow University is a 501(c)(3) organization based in Pittsburgh, Pennsylvania, registered in 1946, with $76,145,615 in FY2023 revenue. CharityIndex grades it A, and it directs about 85% of spending to programs.
3333 5th Ave, Pittsburgh, PA, 15213 EIN 25-0965438 Since 1946
Revenue (FY2023)
$76.1M
▼ 9.7% vs prior year
Education median: $200K
Expenses (FY2023)
$81.8M
Net assets
$76.3M
Employees
1,118
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating85% to programs · $15 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Carlow University: 85% to programs · $15 to raise $100 earns a A on this criterion. See the exact thresholds →
B+Financial health25% of the rating11 mo reserves · -7% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Carlow University: 11 mo reserves · -7% margin earns a B+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Carlow University: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Carlow University: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Transformational higher educational opportunities for a diverse community.
Contact & location
- Address
- 3333 5th Ave, Pittsburgh, PA, 15213
- City
- Pittsburgh
- State
- Pennsylvania
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $53.6M (FY2013) to $76.1M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $45.6MNet assets $76.3M
Operating margin
-7.4%
Spent more than it raised in the latest fiscal year.
Total assets
$121.9M
Total liabilities
$45.6M
Net assets
$76.3M
Salaries & benefits
$35.2M
43% of expenses
Board members
26
25 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $76,145,615▼9.7% | $81,752,309▲4.8% | $76,338,252▼3.6% | $121,909,309▼3.8% | 990 |
| 2022 | $84,318,254▲11.9% | $78,038,341▲11.6% | $79,150,047▲13.8% | $126,780,809▲20.7% | 990 |
| 2021 | $75,353,671▲23.1% | $69,957,559▲10.7% | $69,551,718▼8.4% | $105,056,716▼4.5% | 990 |
| 2020 | $61,205,389▼2.2% | $63,181,144▲0.4% | $75,906,680▲8.0% | $109,959,970▲4.5% | 990 |
| 2019 | $62,596,783▲3.5% | $62,901,752▲5.1% | $70,276,360▼3.9% | $105,247,078▼2.3% | 990 |
| 2018 | $60,486,364▲1.2% | $59,850,188▲1.5% | $73,090,637▲2.5% | $107,730,337▲6.8% | 990 |
| 2017 | $59,766,776▲0.7% | $58,950,846▲5.1% | $71,293,617▲1.9% | $100,824,689▲8.7% | 990 |
| 2016 | $59,351,531▲3.8% | $56,077,933▲3.4% | $69,939,724▲8.8% | $92,769,694▲1.9% | 990 |
| 2015 | $57,167,689▼1.7% | $54,213,422▲4.5% | $64,308,067▲3.4% | $91,050,182▲2.3% | 990 |
| 2014 | $58,135,819▲8.4% | $51,892,085▲1.4% | $62,188,564▲9.6% | $88,995,954▲11.2% | 990 |
| 2013 | $53,648,924 | $51,159,148▲3.1% | $56,745,820▲9.3% | $80,067,263▲5.7% | 990 |
| 2012 | — | $49,619,336▼0.1% | $51,935,546▲8.3% | $75,771,703▲4.3% | 990 |
| 2011 | — | $49,692,057▲6.0% | $47,961,401▲10.8% | $72,668,928▲8.3% | 990 |
| 2010 | — | $46,884,072▲4.4% | $43,287,665▲12.4% | $67,111,069▲38.0% | 990 |
| 2009 | — | $44,890,396 | $38,521,846 | $48,632,946 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Kathy W Humphrey Phd — $518,069 (0.63% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Kathy W Humphrey Phd | President | 50 | $518,069 |
| Rhonda Maneval Dean College | Of Nursing, Interim Provost (6/24) | 50 | $219,613 |
| James Santucci | Operations Sergeant | 40 | $193,871 |
| Sibdas Ghosh Vpprovost | (thru 9/23), Adjunct (as of 10/23) | 40 | $180,039 |
| Caralynn Kassabov | Vp For Advancement | 40 | $177,197 |
| Thomas Fouse | Administrative Sergeant | 40 | $176,536 |
| Matthew Gordley Dean College | Of Arts, Interim Provost (6/24) | 50 | $154,410 |
| Mary Cercere | Vp For Enrollment Mgmt | 40 | $148,357 |
| Timothy Phillips | Vp of Student Affairs | 40 | $143,361 |
| John Cardone | Vp of Marketing & Communication | 40 | $136,682 |
| David Meadows | Former Officer | 0 | $132,439 |
| John Lea Vp of | Finance & Bus. Dev./univ. Treas. | 50 | $131,712 |
| Errika Fearbry Jones As of | 11/23) Chief of Staff/university Sec. | 50 | $9,846 |
| Alex Rodriguez | Trustee | 2 | — |
| Amie Downs | Trustee | 2 | — |
| Anita Courcoulas | Trustee | 2 | — |
| Anna Bamonte Torrance Esq | Trustee | 2 | — |
| Bart Gabler Jd Mba | Trustee | 2 | — |
| Bryan Dilucente | Chair | 2 | — |
| Caitlin Mclaughlin | Trustee | 2 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Chartwellscompass Group USA | Dining Services | $2,855,272 |
| Firewater Response | Water Damage Restoration | $1,210,799 |
| Risepoint | Online Educational Partner | $1,086,456 |
| Mele Mechanical | Hvac/mechanical Contractor | $995,949 |
| Ellucian Company LP | Software Service | $652,169 |
Grants received · $2.9M total
69 grants to Carlow University totaling $2.9M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Business Leadership Organized For Catholic Schools | Scholarships | 2024 | $574,383 |
| The Pittsburgh Foundation | Higher education | 2024 | $60,363 |
| Central Pennsylvania Scholarship Fund | Pennsylvania eitc scholarships | 2024 | $42,500 |
| American Online Giving Foundation Inc | General support | 2024 | $24,695 |
| American Endowment Foundation | Educational | 2024 | $6,000 |
| The Pittsburgh Foundation | Education | 2023 | $89,074 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $34,500 |
| American Online Giving Foundation Inc | General support | 2023 | $21,826 |
| Carnegie Mellon University | Program service | 2023 | $17,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $12,500 |
| Upmc | General support | 2023 | $10,000 |
| American Endowment Foundation | Educational | 2023 | $7,000 |
| The Pittsburgh Foundation | Higher education | 2022 | $66,988 |
| Central Pennsylvania Scholarship Fund | Pennsylvania eitc scholarships | 2022 | $42,500 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2022 | $41,000 |
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Compare Carlow University
Frequently asked questions
- Is Carlow University a legitimate nonprofit?
- Yes. Carlow University is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 25-0965438, based in Pittsburgh, Pennsylvania. Donations are tax-deductible.
- What is Carlow University's EIN?
- Carlow University's Employer Identification Number (EIN) is 25-0965438.
- How much revenue does Carlow University report?
- Carlow University reported $76,145,615 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Carlow University's spending goes to programs?
- Carlow University spends about 85% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Carlow University have?
- CharityIndex grades Carlow University A, based on program efficiency and fundraising cost.
- How much does Carlow University's highest-paid employee make?
- The highest reported compensation on Carlow University's latest Form 990 is $518,069, paid to Kathy W Humphrey Phd (President).
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Data for Carlow University (EIN 25-0965438) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.