Chesnut Hill College of the Sisters of St Joseph
89% goes to programs $11 to raise $100 Strong reserves
Chesnut Hill College of the Sisters of St Joseph is a 501(c)(3) organization based in Philadelphia, Pennsylvania, registered in 1941, with $51,197,650 in FY2023 revenue. CharityIndex grades it A, and it directs about 89% of spending to programs.
9601 Germantown Ave, Philadelphia, PA, 19118 EIN 23-1352626 Since 1941
Revenue (FY2023)
$51.2M
▼ 20.3% vs prior year
Education median: $200K
Expenses (FY2023)
$52.1M
Net assets
$56.4M
Employees
665
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 rating89% to programs · $11 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 Chesnut Hill College of the Sisters of St Joseph: 89% to programs · $11 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating13 mo reserves · -2% 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 Chesnut Hill College of the Sisters of St Joseph: 13 mo reserves · -2% margin earns a A 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 Chesnut Hill College of the Sisters of St Joseph: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 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 Chesnut Hill College of the Sisters of St Joseph: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Private liberal arts college sponsored by the congregation of the sisters of st. joseph of phila.
What they do
Financial aid at chestnut hill college provides access to higher education to every dear neighbor without distinction, including those with significant financial need. for traditional undergraduate students, approximately 99% of full-time students attending chestnut hill college receive institutional scholarships and grants, while 100% of first-time, full-time students received some form of financial aid in fiscal 2023-2024. chestnut hill college offers a variety of scholarships and grants to help ensure students have the access and means to fully realize the benefits of a great liberal arts education. these scholarships and grants, which do not need to be repaid, are generally renewable for an additional three years for first-year undergraduate students. (cont'd on schedule o.)the college offers comprehensive financial aid packages to support students' personal and professional goals. graduate and accelerated adult degree program tuition is billed per credit hour and the administrative costs of a student's education are covered through program fees. traditional full-time undergraduate students receive award letters detailing any aid for which they are eligible. aid packages cover tuition, fees, room, board, books, supplies, transportation, and additional miscellaneous expenses. a typical aid package includes grants or scholarships and campus employment (up to 20 hours per week). undergraduates will likely receive the same amount all four years as long as they submit the fafsa annually, continue to meet all award conditions, and their need remains essentially unchanged.
Contact & location
- Address
- 9601 Germantown Ave, Philadelphia, PA, 19118
- City
- Philadelphia
- State
- Pennsylvania
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $53.8M (FY2013) to $51.2M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $31.9MNet assets $56.4M
Operating margin
-1.8%
Spent more than it raised in the latest fiscal year.
Total assets
$88.2M
Total liabilities
$31.9M
Net assets
$56.4M
Salaries & benefits
$17.0M
33% of expenses
Board members
30
29 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $51,197,650▼20.3% | $52,111,900▼2.9% | $56,351,463▲0.6% | $88,216,633▼2.7% | 990 |
| 2022 | $64,229,295▲0.9% | $53,678,730▼3.7% | $56,030,433▲25.2% | $90,639,308▲18.6% | 990 |
| 2021 | $63,665,389▲20.5% | $55,714,330▲13.2% | $44,737,905▲14.4% | $76,444,726▲5.6% | 990 |
| 2020 | $52,837,937▼3.8% | $49,197,680▼10.4% | $39,119,332▲17.7% | $72,389,717▲8.9% | 990 |
| 2019 | $54,912,865▲5.2% | $54,922,271▲5.6% | $33,246,238▲0.1% | $66,492,677▲3.0% | 990 |
| 2018 | $52,190,053▼3.4% | $52,003,230▼2.5% | $33,205,334▲1.7% | $64,542,797▼2.0% | 990 |
| 2017 | $54,033,420▼0.3% | $53,352,021▲0.8% | $32,660,805▲2.0% | $65,840,224▲1.6% | 990 |
| 2016 | $54,217,323▲4.4% | $52,909,004▲0.6% | $32,020,141▲5.8% | $64,771,635▲1.0% | 990 |
| 2015 | $51,931,810▼1.5% | $52,568,317▼0.8% | $30,273,802▼2.2% | $64,143,440▼3.6% | 990 |
| 2014 | $52,707,761▼2.0% | $52,973,611▲2.5% | $30,945,642▼1.8% | $66,546,314▼3.2% | 990 |
| 2013 | $53,757,627 | $51,701,910▼1.4% | $31,525,695▲10.3% | $68,716,837▲2.1% | 990 |
| 2012 | — | $52,443,456▲3.2% | $28,583,925▲9.7% | $67,334,128▲0.2% | 990 |
| 2011 | — | $50,804,231▲3.4% | $26,067,076▲3.0% | $67,197,845▲2.6% | 990 |
| 2010 | — | $49,119,703▲6.1% | $25,296,477▲10.2% | $65,470,284▲5.2% | 990 |
| 2009 | — | $46,280,042 | $22,947,783 | $62,223,379 | 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: William W Latimer Phd — $418,311 (0.80% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| William W Latimer Phd | President | 50 | $418,311 |
| Brian Mccloskey | Acting President/cfo/vp Finance | 50 | $200,632 |
| Krista Murphy | Vp Strategic Innovations | 50 | $162,686 |
| Vincent Tunstall - Assoc Vp | Finance/inter Controller To Sep 2024 | 50 | $143,722 |
| Cheryll Rothery | Professor | 50 | $133,975 |
| Christopher N Spangler | Chief Communications Officer | 50 | $133,793 |
| Joseph P Conley | Chief Human Resource Officer | 50 | $120,349 |
| Barbara Crawford | Board Sec'y (non-voting) To Oct 2023 | 0.5 | — |
| Carol Steinour Young Esq | Board Member | 0.5 | — |
| Catherine Lockyer Moulton | Board Chair | 50 | — |
| David Gunn | Board Member | 0.5 | — |
| Deborah Flint | Board Member | 0.5 | — |
| Deborah Hughes Ssj | Board Member To Dec 2023 | 0.5 | — |
| Devin Devoue | Board Member | 0.5 | — |
| Eileen Marnien Ssj | Board Member | 0.5 | — |
| Frances R Pierce | Board Member | 0.5 | — |
| Herman C Fala Jd | Board Member | 0.5 | — |
| Jill Kimberly Banks | Board Member | 0.5 | — |
| J Michael Fitzpatrick | Board Member | 0.5 | — |
| Joanne Mcfadden Mcbride | Board Member | 0.5 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Chartwell's College & University Dining | Dining Services | $2,615,039 |
| Allied Universal | Security Services | $1,243,542 |
| Emcor Services Fluidics | Physical Plant Services | $1,019,895 |
| Interstate Maintenance Corporation | Janitorial Services | $746,763 |
| Jenspark Inc | Advertising & Marketing Services | $457,084 |
Grants received · $5.7M total
55 grants to Chesnut Hill College of the Sisters of St Joseph totaling $5.7M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Charities Aid Foundation America | Charitable donation | 2024 | $10,000 |
| Ayco Charitable Foundation | Education | 2024 | $5,500 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $304,956 |
| National Collegiate Athletic Association | Grants | 2023 | $74,641 |
| San Francisco Foundation | For scholarship support. for griffin fund support. | 2023 | $55,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $50,500 |
| Ayco Charitable Foundation | Education | 2023 | $27,000 |
| The Us Charitable Gift Trust | For recipient's exempt purpose | 2023 | $5,500 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $655,917 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2022 | $30,500 |
| Ayco Charitable Foundation | Education | 2022 | $26,000 |
| San Francisco Foundation | Advised - for griffin fund support. | 2022 | $15,000 |
| National Collegiate Athletic Association | Grants | 2022 | $14,660 |
| National Philanthropic Tr | Education | 2022 | $12,500 |
| San Francisco Foundation | Advised - for the beyond resilience campaign. advised - for the sugarloaf entrance project. advised - to support the h.o.p.e. scholarship. | 2021 | $1,500,000 |
Grants made · $21K in FY2023
1 grant totaling $21K in FY2023. All grants made by Chesnut Hill College of the Sisters of St Joseph →
| Recipient | Purpose | Amount |
|---|---|---|
| African Sisters Education Collaborative (asec) | Operating support | $21,000 |
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Compare Chesnut Hill College of the Sisters of St Joseph
Frequently asked questions
- Is Chesnut Hill College of the Sisters of St Joseph a legitimate nonprofit?
- Yes. Chesnut Hill College of the Sisters of St Joseph is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 23-1352626, based in Philadelphia, Pennsylvania. Donations are tax-deductible.
- What is Chesnut Hill College of the Sisters of St Joseph's EIN?
- Chesnut Hill College of the Sisters of St Joseph's Employer Identification Number (EIN) is 23-1352626.
- How much revenue does Chesnut Hill College of the Sisters of St Joseph report?
- Chesnut Hill College of the Sisters of St Joseph reported $51,197,650 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Chesnut Hill College of the Sisters of St Joseph's spending goes to programs?
- Chesnut Hill College of the Sisters of St Joseph spends about 89% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Chesnut Hill College of the Sisters of St Joseph have?
- CharityIndex grades Chesnut Hill College of the Sisters of St Joseph A, based on program efficiency and fundraising cost.
- How much does Chesnut Hill College of the Sisters of St Joseph's highest-paid employee make?
- The highest reported compensation on Chesnut Hill College of the Sisters of St Joseph's latest Form 990 is $418,311, paid to William W Latimer Phd (President).
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Data for Chesnut Hill College of the Sisters of St Joseph (EIN 23-1352626) 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.