Mercyhurst University
93% goes to programs $4 to raise $100 Strong reserves
Mercyhurst University is a 501(c)(3) organization based in Erie, Pennsylvania, registered in 1960, with $149,357,453 in FY2024 revenue. CharityIndex grades it A, and it directs about 93% of spending to programs.
501 E 38th St, Erie, PA, 16546 EIN 25-0965430 Since 1960
Revenue (FY2024)
$149.4M
▲ 1.7% vs prior year
Education median: $200K
Expenses (FY2024)
$156.4M
Net assets
$90.2M
Employees
1,635
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
A+Program efficiency40% of the rating93% to programs · $4 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 Mercyhurst University: 93% to programs · $4 to raise $100 earns a A+ on this criterion. See the exact thresholds →
B+Financial health25% of the rating7 mo reserves · -5% 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 Mercyhurst University: 7 mo reserves · -5% 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 Mercyhurst University: 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 Mercyhurst University: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Mercyhurst university is a fully accredited, four-year, catholic comprehensive institution founded by the sisters of mercy in 1926. the erie (pa.) campus offers sixty-five (61) undergraduate majors with sixty-seven (67) minors, as well as unique adult programs and thirteen (13) graduate programs.
What they do
Auxiliary services includes student housing, foodservice, the university bookstore and the university's conference center on the main campus. the total student population in university housing on the main campus was 1,658 for the 2024-25 fiscal year. during the 2024-25 fiscal year 1,581 students at the main campus had paid meal plans while many other students and employees dine in university facilities on a pay-as-you-go basis. the university maintains a bookstore on the main campus. the university has a conference center facility at the main campus and regularly hosts outside groups and organizations.
Athletic expenses include all expenses for athletic and club sports including but not limited to salaries and wages, travel and living, game expenses, meetings and events, vehicle leases, recruitment and financial aid.
Contact & location
- Address
- 501 E 38th St, Erie, PA, 16546
- City
- Erie
- State
- Pennsylvania
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $132.0M (FY2013) to $149.4M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $64.1MNet assets $90.2M
Operating margin
-4.7%
Spent more than it raised in the latest fiscal year.
Total assets
$154.3M
Total liabilities
$64.1M
Net assets
$90.2M
Salaries & benefits
$37.7M
24% of expenses
Board members
24
22 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $149,357,453▲1.7% | $156,350,154▲0.8% | $90,195,179▼6.2% | $154,258,981▼4.5% | 990 |
| 2023 | $146,858,763▼1.7% | $155,032,916▲2.3% | $96,176,809▼3.9% | $161,603,499▼4.0% | 990 |
| 2022 | $149,337,359▼8.3% | $151,539,948▼3.8% | $100,091,855▼6.6% | $168,302,499▼3.3% | 990 |
| 2021 | $162,924,977▲2.7% | $157,564,444▲3.7% | $107,187,890▼0.1% | $174,010,156▼0.5% | 990 |
| 2020 | $158,652,157▲1.5% | $151,916,613▼3.1% | $107,336,100▲11.6% | $174,865,954▲4.0% | 990 |
| 2019 | $156,288,555▼1.5% | $156,810,507▲1.9% | $96,194,367▼6.8% | $168,118,238▼1.6% | 990 |
| 2018 | $158,615,240▲5.6% | $153,852,696▲5.2% | $103,179,786▲4.4% | $170,865,677▼0.8% | 990 |
| 2017 | $150,222,776▲2.1% | $146,287,157▼1.3% | $98,814,954▲5.4% | $172,278,805▲28.2% | 990 |
| 2016 | $147,096,452▲6.8% | $148,192,236▲4.6% | $93,773,033▲0.9% | $134,419,916▼0.3% | 990 |
| 2015 | $137,737,320▲2.6% | $141,623,921▲3.2% | $92,946,615▼6.6% | $134,866,406▼9.3% | 990 |
| 2014 | $134,289,423▲1.7% | $137,178,918▲3.3% | $99,561,033▼3.4% | $148,696,003▼3.2% | 990 |
| 2013 | $132,034,613 | $132,751,671▲1.4% | $103,049,831▲1.9% | $153,565,904▲0.9% | 990 |
| 2012 | — | $130,904,151▲20.0% | $101,170,106▲26.2% | $152,225,154▲9.4% | 990 |
| 2009 | — | $109,087,432 | $80,146,168 | $139,173,227 | 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 (FY2024)
Highest-paid: Getz Kathleen A — $402,472 (0.26% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Getz Kathleen A | President and Board of Trustees | 45 | $402,472 |
| Martin John J | Cvc Hidta Executive Director | 45 | $227,316 |
| Hartman Gary | Deputy Director of Hidta | 45 | $201,711 |
| Heller Michael E | Vice President of Finance | 45 | $178,216 |
| Ferry Steven J | Central Valley Hidta Program Manager | 45 | $170,510 |
| Joseph Michael | Interim Vp For Enrollment | 45 | $154,124 |
| Britt Jeanette | Vp For Technology and Cio | 45 | $152,207 |
| Newhook Robin L | Associate Professor of PA Program | 45 | $141,520 |
| Kelsey Jane M | Assistant Vp For Finance/treasurer | 45 | $120,886 |
| Baker Gregory J | Vp For Mission Integration/secretary | 45 | $116,654 |
| Soltis Nicole | Director of Student Financial Services | 45 | $86,557 |
| Frampton Lisa | Assistant Vp For Finance/treasurer | 45 | $69,150 |
| Breckenridge James G | Board of Trustees | 1 | — |
| Cipriani Dario | Board of Trustees | 1 | — |
| Courneen Sister Joanne K | Vice Chair of the Board & Interim Co-chair of the Board of Trustees | 1 | — |
| Deeb Bassam | Board of Trustees | 1 | — |
| Durkin Rosemary D | Board of Trustees | 1 | — |
| English Philip | Board of Trustees | 1 | — |
| Fiedler Stephen J | Vice Chair of the Board of Trustees | 1 | — |
| Gibson Ryan | Board of Trustees | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Parkhurst Dining Services | Dining Services | $8,431,577 |
| Aramark Corporation | Maintenance | $5,565,187 |
| Velocity Network | Managed It Services | $516,454 |
| Jungle Inc | Athletic Apparel | $406,831 |
| Campbell Bus Lines | Transportation | $353,610 |
Grants received · $7.8M total
85 grants to Mercyhurst University totaling $7.8M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Ayco Charitable Foundation | Education | 2024 | $174,000 |
| Erie Community Foundation | Various projects | 2024 | $140,608 |
| Erie Community Foundation | Various projects | 2024 | $56,158 |
| American Online Giving Foundation Inc | General support | 2024 | $20,620 |
| The Pittsburgh Foundation | Higher education | 2024 | $16,000 |
| Erie Community Foundation | Various projects | 2024 | $11,247 |
| Raymond James Charitable Endowment Fund | General support | 2024 | $5,000 |
| Ayco Charitable Foundation | Education | 2023 | $125,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $86,320 |
| Erie Community Foundation | Various projects | 2023 | $50,782 |
| American Online Giving Foundation Inc | General support | 2023 | $46,991 |
| Donor Advised Charitable Giving | Education | 2023 | $45,250 |
| Erie Community Foundation | Various projects | 2023 | $44,408 |
| Erie Community Foundation | Various projects | 2023 | $32,714 |
| National Collegiate Athletic Association | Grants | 2023 | $20,641 |
Grants made · $13K in FY2021
1 grant totaling $13K in FY2021. All grants made by Mercyhurst University →
| Recipient | Purpose | Amount |
|---|---|---|
| Erie Downtown Development Corporation | Support the erie downtown development corporation fund. | $13,073 |
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Frequently asked questions
- Is Mercyhurst University a legitimate nonprofit?
- Yes. Mercyhurst University is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 25-0965430, based in Erie, Pennsylvania. Donations are tax-deductible.
- What is Mercyhurst University's EIN?
- Mercyhurst University's Employer Identification Number (EIN) is 25-0965430.
- How much revenue does Mercyhurst University report?
- Mercyhurst University reported $149,357,453 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Mercyhurst University's spending goes to programs?
- Mercyhurst University spends about 93% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Mercyhurst University have?
- CharityIndex grades Mercyhurst University A, based on program efficiency and fundraising cost.
- How much does Mercyhurst University's highest-paid employee make?
- The highest reported compensation on Mercyhurst University's latest Form 990 is $402,472, paid to Getz Kathleen A (President and Board of Trustees).
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Data for Mercyhurst University (EIN 25-0965430) 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.