University of St Thomas
79% goes to programs $10 to raise $100 Strong reserves Growing revenue
University of St Thomas is a 501(c)(3) organization based in Houston, Texas, registered in 1998, with $135,677,178 in FY2023 revenue. CharityIndex grades it A, and it directs about 79% of spending to programs.
3800 Montrose Blvd, Houston, TX, 77006 EIN 74-1277664 Since 1998
Revenue (FY2023)
$135.7M
▲ 17.5% vs prior year
Education median: $200K
Expenses (FY2023)
$128.3M
Net assets
$213.6M
Employees
1,513
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
B+Program efficiency40% of the rating79% to programs · $10 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 University of St Thomas: 79% to programs · $10 to raise $100 earns a B+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating20 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 University of St Thomas: 20 mo reserves · +5% 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 University of St Thomas: 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 University of St Thomas: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
The university is committed to the catholic intellectual tradition and the dialogue between faith and reason. we educate students to think critically, communicate effectively, succeed professionally, and lead ethically.
What they do
The university has a comprehensive plan to assist qualified students through a program of scholarships, grants-in-aid, loans and part-time employment. administered on an individual basis, according to the particular circumstances of each applicant, this program is designed to assist all students who have a genuine need. the overwhelming majority of students receive financial aid either from the university or through state and federal government sources.
Auxiliary operations: student housing, dining services, parking garage, and bookstore services
Annual support from the university's endowment for student scholarships, endowed departmental chairs, faculty development, endowed lectures, and maintenance of campus facilities.
Contact & location
- Address
- 3800 Montrose Blvd, Houston, TX, 77006
- City
- Houston
- State
- Texas
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $92.0M (FY2013) to $135.7M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $56.2MNet assets $213.6M
Operating margin
5.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$269.8M
Total liabilities
$56.2M
Net assets
$213.6M
Salaries & benefits
$45.2M
35% of expenses
Board members
35
35 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $135,677,178▲17.5% | $128,317,638▲3.6% | $213,550,733▲8.0% | $269,750,395▲5.7% | 990 |
| 2022 | $115,485,700▲4.0% | $123,851,978▲3.5% | $197,699,113▼3.1% | $255,216,228▼0.5% | 990 |
| 2021 | $111,095,697▲5.0% | $119,648,787▲9.7% | $204,016,687▼10.5% | $256,375,738▼9.5% | 990 |
| 2020 | $105,820,865▲15.4% | $109,061,044▲6.1% | $227,982,580▲16.0% | $283,234,320▲15.9% | 990 |
| 2019 | $91,717,923▲1.1% | $102,787,921▲12.5% | $196,491,444▼4.6% | $244,463,640▲2.6% | 990 |
| 2018 | $90,738,445▲2.7% | $91,405,931▲8.5% | $206,039,105▲1.0% | $238,268,671▲0.4% | 990 |
| 2017 | $88,335,336▼3.3% | $84,223,716▲2.9% | $204,048,699▲5.4% | $237,304,390▲2.9% | 990 |
| 2016 | $91,347,662▲5.4% | $81,889,576▲2.4% | $193,674,251▲6.8% | $230,713,634▲8.2% | 990 |
| 2015 | $86,690,613▼15.1% | $79,983,673▲2.1% | $181,320,212▼0.4% | $213,307,600▲0.7% | 990 |
| 2014 | $102,084,281▲11.0% | $78,344,506▲1.3% | $182,045,007▲8.6% | $211,922,263▲6.7% | 990 |
| 2013 | $92,006,123 | $77,315,285▲6.3% | $167,671,350▲13.9% | $198,607,764▲10.4% | 990 |
| 2012 | — | $72,707,967▲10.0% | $147,160,206▲8.6% | $179,963,415▲6.6% | 990 |
| 2011 | — | $66,115,264▲12.6% | $135,522,799▲7.3% | $168,796,408▲5.7% | 990 |
| 2010 | — | $58,712,040▲8.1% | $126,288,290▲16.4% | $159,666,698▲13.0% | 990 |
| 2009 | — | $54,303,394 | $108,531,694 | $141,301,495 | 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: Dr Richard Ludwick — $451,801 (0.35% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Dr Richard Ludwick | University President | 40 | $451,801 |
| Mr John Simms | Faculty (through 8/1/23) | 40 | $292,236 |
| Dr Christopher Evans | Vice President of Academic Affairs | 40 | $227,454 |
| Ms Dawn Koenning | Chief Development Officer | 40 | $216,094 |
| Ms Gita Bolt | Chief Legal Counsel | 40 | $192,587 |
| Dr John Palasota | Faculty | 40 | $167,264 |
| Dr Claudine Dufrene | Faculty | 40 | $160,401 |
| Dr Dominic Aquila | Former Vice President / (current Faculty) | 40 | $155,597 |
| Dr James Monaghan | Associate Vp For Academic Affairs | 40 | $155,415 |
| Mr Spencer C Conroy | Former Vice President (through 3/15/23) | 0 | $148,467 |
| Dr Beena George | Chief Innovation Officer | 40 | $146,161 |
| Dr Ana-lisa Gonzalez | Faculty | 40 | $143,591 |
| Ms Carla Alsandor | Chief Univ. Services Officer | 40 | $123,278 |
| Mr Arthur Ortiz | Former Vice President | 0 | $113,386 |
| Jose Luis Del Aguila | Cfo | 40 | $62,983 |
| Archbishop J Michael Miller | Board Member | 1 | — |
| Bishop Brendan J Cahill | Board Member | 1 | — |
| Dr Craig Jarchow | Board Member | 1 | — |
| He Daniel Cardinal Dinardo | Board Member | 1 | — |
| Mr Aaron Stryk | Board Member | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Ellucian Company LP | Information Technology Services | $3,830,887 |
| Prestige Temp Staffing LLC | Temp Staffing Agency | $454,197 |
| Collegis Education LLC | Consulting | $338,936 |
| P&m Construction & Drywall | Construction | $234,460 |
| Dena Joy LLC | Printing Services | $214,666 |
Grants received · $3.4M total
131 grants to University of St Thomas totaling $3.4M, reported by foundations on their Schedule I filings — showing the 15 most recent.
Grants made · $784K in FY2021
1 grant totaling $784K in FY2021. All grants made by University of St Thomas →
| Recipient | Purpose | Amount |
|---|---|---|
| Ust Realty Company | General support | $784,498 |
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Frequently asked questions
- Is University of St Thomas a legitimate nonprofit?
- Yes. University of St Thomas is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 74-1277664, based in Houston, Texas. Donations are tax-deductible.
- What is University of St Thomas's EIN?
- University of St Thomas's Employer Identification Number (EIN) is 74-1277664.
- How much revenue does University of St Thomas report?
- University of St Thomas reported $135,677,178 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of University of St Thomas's spending goes to programs?
- University of St Thomas spends about 79% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does University of St Thomas have?
- CharityIndex grades University of St Thomas A, based on program efficiency and fundraising cost.
- How much does University of St Thomas's highest-paid employee make?
- The highest reported compensation on University of St Thomas's latest Form 990 is $451,801, paid to Dr Richard Ludwick (University President).
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Data for University of St Thomas (EIN 74-1277664) 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.