ALBERTUS MAGNUS COLLEGE

NEW HAVEN, CT, 06511 (203) 773-8516 Est. 1925 EIN 06-0646520

B420 - Education 990 - Public charity return 501(c)(3)

www.albertus.edu

Mission

TO MAINTAIN AND OPERATE AN INSTITUTION OF HIGHER LEARNING WHICH PROVIDES INSTRUCTION IN THE LIBERAL ARTS AND SCIENCES AND CONFERS DEGREES UPON THE COMPLETION OF CURRICULA PRESCRIBED BY THE COLLEGE IN ACCORDANCE WITH ITS CHARTER AND THE LAWS OF THE STATE OF CONNECTICUT.

Financials

Total Revenue

$62,216,973

Total Expenses

$53,558,794

Net Assets

$46,412,455

524 employees 50 volunteers

From latest filing (tax period ending 2025-06-30)

Financial Health

Operating Reserve

10.4 months Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 45.6%

Expenses ↑ 13.4%

Revenue Sources

Contributions 9.3% Earned revenue 66.3% Investment 23.5% Other 1.0%

Expense Breakdown

Program 84.5% Management 5.0% Fundraising 10.5%

Officers & Key Employees (31)

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Grants Received (109)

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Filing History (7 filings)

Year	Revenue	Expenses	Net Assets
2024 990 - Public charity return Jul 1, 2024 to Jun 30, 2025	$62,216,973 ↑	$53,558,794	$46,412,455
2023 990 - Public charity return Jul 1, 2023 to Jun 30, 2024	$42,723,304 ↓	$47,250,170	$46,619,036
2022 990 - Public charity return Jul 1, 2022 to Jun 30, 2023	$48,432,638 ↑	$47,155,182	$43,684,843
2021 990 - Public charity return Jul 1, 2021 to Jun 30, 2022	$46,097,293 ↑	$47,345,230	$39,592,078
2020 990 - Public charity return Jul 1, 2020 to Jun 30, 2021	$43,630,497 ↑	$44,568,815	$53,516,379
2019 990 - Public charity return Jul 1, 2019 to Jun 30, 2020	$39,954,878 ↑	$43,502,723	$44,270,737
2017 990 - Public charity return Jul 1, 2017 to Jun 30, 2018	$32,422,367	$35,649,469	$51,322,934