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Quinnipiac University

EIN 06-0646701 · Hamden, CT

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood74 out of 100GovernanceStrong90 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

TO BUILD THE UNIVERSITY OF THE FUTURE WITH A STRATEGY PROPELLING US FROM OUR STORIED PAST TOWARD AN AMBITIOUS, INCLUSIVE & INNOVATIVE FUTURE BY PREPARING GRADUATES AS ENLIGHTENED GLOBAL CITIZENS EQUIPPED FOR THE CHALLENGES & OPPORTUNITIES OF CAREERS OF THE FUTURE. (SCH O) WE ARE A COMMUNITY THAT EMBRACES POSITIVE CHANGE, INCLUSIVE EXCELLENCE, KINDNESS AND GENEROSITY OF SPIRIT WITH A COMMITMENT TO LIFT THE COMMUNITIES IN WHICH WE LIVE. OUR STUDENTS, FACULTY AND STAFF ARE BOLD AND CURIOUS, INNOVATORS AND EXPLORERS. WE PARTNER WITH EMPLOYERS TO UNDERSTAND AND PREPARE GRADUATES WHO MEET THEIR TALENT AND TECHNOLOGICAL NEEDS, WE EMBRACE LIFELONG LEARNING, AND WE PURSUE LEARNING AND SCHOLARSHIP THAT ASKS AND ADDRESSES SIGNIFICANT SOCIETAL AND SCIENTIFIC QUESTIONS.

Income
$658.6 million
Spending
$578.1 million
Spent on programs
87%
Reserves
4.6 months of spending
Largest source of income
fees for its services, 85%
Employees
4,687
Volunteers
25
Highest pay
$1.3 million, president (until 06/25)

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 74 out of 100. Higher than 66% of charities in its peer group (education, over $100m).

  • Reserves

    20 of 35

    Spendable reserves would cover 4.6 months of spending.

  • Debt

    16 of 20

    It owes 24% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 12% of income.

  • Income trend

    15 of 15

    Income rose 11% on the year before.

  • Spending floor

    8 of 15

    87% of spending went to programs and raising each dollar of donations cost 41 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 90 out of 100. Higher than 14% of charities in its peer group (education, over $100m).

  • Independent board

    25 of 25

    24 of 25 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    0 of 10

    Did not give the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. $176.0 million spent. EDUCATIONAL PROGRAMS: INCLUDES THE PROVISION OF INSTRUCTION AS WELL AS RESEARCH ACTIVITIES. QUINNIPIAC UNIVERSITY OFFERS PROGRAMS OF INSTRUCTION LEADING TO UNDERGRADUATE AND GRADUATE DEGREES IN A WIDE RANGE OF PROFESSIONAL FIELDS RELATING TO HEALTH SCIENCES, BUSINESS LAW, AND COMMUNICATIONS, AS WELL AS IN VARIOUS THEORETICAL AND APPLIED DISCIPLINES OF ARTS AND SCIENCE. THE UNIVERSITY HAS APPROXIMATELY 6,500 FULL-TIME UNDERGRADUATE, 200 PART-TIME UNDERGRADUATE, AND 2,700 FULL-TIME AND PART-TIME GRADUATE ENROLLED STUDENTS.
  2. $78.2 million spent. AUXILIARY SERVICES: INCLUDES THE PROVISION OF DORMITORY AND DINING SERVICES FOR RESIDENTIAL STUDENTS AS WELL AS UPKEEP FOR STUDENT FACILITIES. STUDENTS AT QU DO MORE THAN EARN A DEGREE. THEY ARE PART OF A VIBRANT COMMUNITY WHERE STUDENTS RALLY AROUND COMMON INTERESTS, PASSIONS AND CAUSES. STUDENTS LIVE IN A DIVERSE COMMUNITY IN AN ENVIRONMENT PURPOSEFULLY DESIGNED TO CREATE A HEALTHY AND ACTIVE LIFESTYLE.
  3. $249.6 million spent. STUDENT SERVICE PROGRAMS: INCLUDES THE PROVISION FOR PROGRAMS AND SERVICES SUPPORTING THE STUDENT LIFE PROGRAM AND EXPENDITURES RELATING TO STUDENT FINANCIAL AID. QUINNIPIAC UNIVERSITY HAS A VAST ARRAY OF SERVICES TO SUPPORT ITS STUDENTS INCLUDING, BUT NOT LIMITED TO, HEALTH & WELLNESS COUNSELING AND SUPPORT, FINANCIAL AID GUIDANCE, ATHLETICS AND RECREATION, CLUBS AND ACTIVITIES, SPIRITUAL AND RELIGIOUS LIFE.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since April 1938.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.

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