St Thomas University Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
ST. THOMAS UNIVERSITY, INC. IS A CATHOLIC UNIVERSITY WITH RICH CULTURAL AND INTERNATIONAL DIVERSITY COMMITTED TO THE ACADEMIC AND PROFESSIONAL SUCCESS OF ITS STUDENTS WHO BECOME ETHICAL LEADERS IN OUR GLOBAL COMMUNITY.
- Income
- $99.1 million
- Spending
- $95.4 million
- Spent on programs
- 78%
- Reserves
- -1.3 months of spending
- Largest source of income
- fees for its services, 92%
- Employees
- 1,718
- Volunteers
- 170
- Highest pay
- $691,716, president
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
Fair: 55 out of 100.
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
10 of 20It owes 49% of what it owns.
Living within its means
15 of 15Income exceeded spending by 4% of income.
Income trend
15 of 15Income rose 12% on the year before.
Spending floor
15 of 1578% of spending went to programs and raising each dollar of donations cost 28 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: 100 out of 100.
Independent board
25 of 2525 of 26 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports 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)
- $63.0 million spent. UNIVERSITY WAS ACCEPTED AS A MEMBER OF THE SOUTHERN ASSOCIATION OF COLLEGES AND SCHOOLS AND FIRST ACCREDITED BY THE COMMISSION ON COLLEGES IN 1968. ST. THOMAS IS ACCREDITED TO AWARD BACHELORS, MASTER, DOCTORATE AND JURIS DOCTORATE DEGREES. THE FALL 2024 FTE (IPEDS DEFINITION) ENROLLMENT SHOWS A TOTAL OF 3,026 UNDERGRADUATE STUDENTS INCLUDING DUAL ENROLLMENT, 2,026 GRADUATE STUDENTS AND 917 LAW STUDENTS. TUITION FOR ACADEMIC YEAR 2024-2025 WAS $34,770 FOR FULL TIME UNDERGRADUATE STUDENTS AND $45,960 FOR FULL TIME LAW STUDENTS. GRADUATE TUITION RANGED BETWEEN $500 AND $1,055 PER CREDIT. CERTAIN PROGRAMS WERE OFFERED AT A DISCOUNTED RATE.
- $11.3 million spent. ST. THOMAS UNIVERSITY PROVIDES THE OPPORTUNITY FOR COMMUNITY LIVING BASED UPON THE CATHOLIC PHILOSOPHY OF MUTUAL RESPECT FOR THE RIGHTS OF EACH INDIVIDUAL. THE RESIDENCE HALL ARRANGEMENTS ENCOURAGE AUTONOMY, THE DEVELOPMENT OF INTERPERSONAL RELATIONSHIPS, ALONG WITH THE CONVENIENCE OF RESIDING ON CAMPUS. ST. THOMAS UNIVERSITY HAD 874 STUDENTS LIVING ON CAMPUS DURING THE FALL 2024 AND 844 DURING SPRING 2025.
- HUMAN RIGHTS INSTITUTE - THE INSTITUTE IS FUNDED BY THE U.S. DEPARTMENT OF HEALTH AND HUMAN SERVICES PROVIDING IMMIGRATION LEGAL SERVICES TO QUALIFIED CUSTOMERS FREE OF CHARGE. ST. THOMAS UNIVERSITY IS REIMBURSED BY THE STATE OF FLORIDA DEPARTMENT OF CHILDREN AND FAMILIES (PASS THROUGH AGENCY) VIA YOUTH CO-OP. ST. THOMAS UNIVERSITY IS REIMBURSED BASED ON A NEGOTIATED FEE FOR SERVICES UP TO THE AMOUNT OF EXPENSES INCURRED. IN ADDITION TO REPORTING THE NUMBER OF CLIENTS SERVED, ST. THOMAS UNIVERSITY REPORTS OPERATIONAL EXPENSES OF THE HUMAN RIGHTS INSTITUTE ON A QUARTERLY BASIS. APPROXIMATELY 1,859 CLIENTS WERE SERVED IN FISCAL YEAR 2025.
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
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.
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 October 13, 2026.
Are donations tax-deductible? Worth knowing.
Not individually listed by the IRS as eligible, which is usual for local chapters covered by a parent organization's exemption. The master file records contributions to it as deductible.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Worth knowing.
The IRS does not require this organization to file annual returns.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since March 1946.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
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 October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.