University of the Incarnate Word
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE UNIVERSITY IS COMMITTED TO EDUCATIONAL EXCELLENCE IN A CONTEXT OF FAITH IN JESUS CHRIST, THE INCARNATE WORD OF GOD. THUS, THROUGH A LIBERAL EDUCATION, THE UNIVERSITY CULTIVATES THE DEVELOPMENT OF THE WHOLE PERSON AND VALUES OF LIFE-LONG LEARNING. TO THAT END, FACULTY AND (CONTINUED ON SCHEDULE O)
- Income
- $285.8 million
- Spending
- $288.1 million
- Spent on programs
- 78%
- Reserves
- -4.6 months of spending
- Largest source of income
- fees for its services, 89%
- Employees
- 3,056
- Volunteers
- 1,066
- Highest pay
- $1.2 million, trustee/pres/ceo/ex officio
Source: Form 990 for the year ending May 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 48 out of 100. Higher than 18% of charities in its peer group (education, over $100m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
10 of 20It owes 41% of what it owns.
Living within its means
8 of 15Spending exceeded income by 1% of income.
Income trend
15 of 15Income rose 1% on the year before.
Spending floor
15 of 1578% of spending went to programs and raising each dollar of donations cost 9 cents.
Source: Form 990 for the year ending May 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 82 out of 100. Higher than 10% of charities in its peer group (education, over $100m).
Independent board
25 of 2527 of 29 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no 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
0 of 10Did not give 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 May 31, 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 (4)
- $95.0 million spent. HIGHER EDUCATION: INSTRUCTION: SERVICES UNDERGRADUATE AND GRADUATE STUDENTS IN SAN ANTONIO AND SOUTH TEXAS AND RELATED ACADEMIC SUPPORT, RESEARCH AND PUBLIC SERVICE. (Expenses $ 13,087,948 including grants of $)(Revenue $ 17,216,629) HIGHER ED.: AUX. ENTERPRISES: DORM & FOOD SVCS.
- $90.3 million spent. HIGHER EDUCATION: SCHOLARSHIPS AND FELLOWSHIPS: FINANCIAL AID FOR STUDENTS.
- $25.8 million spent. HIGHER EDUCATION: STUDENT SERVICES: ENROLLMENT SERVICES, REGISTRAR, ATHLETICS, HEALTH SERVICES AND COUNSELING. (Expenses $ 13,087,948 including grants of $)(Revenue $ 17,216,629) HIGHER ED.: AUX. ENTERPRISES: DORM & FOOD SVCS.
- $13.1 million spent. HIGHER ED.: AUX. ENTERPRISES: DORM & FOOD SVCS.
Source: Form 990 for the year ending May 31, 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 churches. 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? Passed.
Most recent return on file covers the year ending May 2025.
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.