SPALDING UNIVERSITY INC

LOUISVILLE, KY, 402032188 (502) 585-9911 Est. 1984 EIN 61-0444780

B42Z - Education 990 - Public charity return 501(c)(3)

www.spalding.edu

Mission

SPALDING UNIVERSITY IS A DIVERSE COMMUNITY OF LEARNERS DEDICATED TO MEETING THE NEEDS OF THE TIMES IN THE TRADITION OF THE SISTERS OF CHARITY OF NAZARETH THROUGH QUALITY UNDERGRADUATE AND GRADUATE LIBERAL AND PROFESSIONAL STUDIES, GROUNDED IN SPIRITUAL VALUES, WITH EMPHASIS ON SERVICE AND THE PROMOTION OF PEACE AND JUSTICE.

Financials

Total Revenue

$39,941,671

Total Expenses

$42,350,166

Net Assets

$74,737,933

732 employees 58 volunteers

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

Financial Health

Operating Reserve

21.2 months Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↓ 15.1%

Expenses ↑ 0.1%

Revenue Sources

Contributions 12.2% Earned revenue 81.1% Investment 2.7% Other 4.0%

Expense Breakdown

Program 82.3% Management 16.7% Fundraising 0.9%

Officers & Key Employees (37)

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Grants Received (142)

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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	$39,941,671 ↓	$42,350,166	$74,737,933
2022 990 - Public charity return Jul 1, 2022 to Jun 30, 2023	$43,373,851 ↓	$42,586,174	$72,056,116
2021 990 - Public charity return Jul 1, 2021 to Jun 30, 2022	$44,315,139 ↑	$42,181,404	$70,088,897
2020 990 - Public charity return Jul 1, 2020 to Jun 30, 2021	$39,864,108 ↑	$37,413,352	$71,581,437
2019 990 - Public charity return Jul 1, 2019 to Jun 30, 2020	$38,440,740 ↓	$38,738,803	$64,786,716
2018 990 - Public charity return Jul 1, 2018 to Jun 30, 2019	$43,446,972 ↓	$40,686,089	$64,922,290
2017 990 - Public charity return Jul 1, 2017 to Jun 30, 2018	$44,791,533	$40,980,719	$62,046,526