EIN 04-2105776

Assumption University

IRS 501(c) type
501(c)(3)
Num. employees
1,107
Year formed
1904
Most recent tax filings
2023-05-01
Description
Assumption University awakens a sense of wonder, discovery, and purpose in its students through comprehensive, Catholic liberal arts education. The university strives to form graduates known for their critical intelligence, thoughtful citizenship, and compassionate service. It provides undergraduate and graduate degree programs while awarding 543 undergraduate degrees, 166 graduate degrees, and one certificate at commencement. Aux. Enterprises also provide board, books, etc. to approximately 2,000 students.
Also known as...
Assumption College
Total revenues
$116,907,832
2023
Total expenses
$121,995,531
2023
Total assets
$237,826,109
2023
Num. employees
1,107
2023

Program areas at Assumption University

Higher education: provides college degree programs at the undergraduate and graduate level. The University awarded 450 undergraduate degrees and 148 graduate degrees at its 2023 commencement.
Auxiliary enterprises: provided board, books, etc. To approximately 2,000 students.
Auxiliary enterprises: provided on campus housing to approximately 1,800 students.

Who funds Assumption University

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
American Endowment FoundationEducational$200,000
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$180,400
Yhb Charitable EndowmentGeneral Support$117,000
...and 40 more grants received totalling $762,139

Personnel at Assumption University

NameTitleCompensation
Anthony AielloFounders
Peter WellsTreasurer , Vice President Finance and Admin.$244,409
Christina GrazianoGeneral Counsel and Vice President for Strategy$0
Michael Rubino Sec of theBoard , General Counsel and Vice President Strategy$94,844
Robert MirabileVice President of Enrollment Management$141,318
...and 24 more key personnel

Financials for Assumption University

RevenuesFYE 05/2023
Total grants, contributions, etc.$8,062,333
Program services$103,836,251
Investment income and dividends$2,993,053
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$148,859
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$1,867,336
Total revenues$116,907,832

Form 990s for Assumption University

Fiscal year endingDate received by IRSFormPDF link
2023-052024-04-11990View PDF
2022-052023-04-18990View PDF
2021-052022-04-14990View PDF
2020-052022-04-09990View PDF
2019-052020-08-25990View PDF
...and 9 more Form 990s

Organizations like Assumption University

OrganizationLocationRevenue
Molloy UniversityRockville Centre, NY$159,204,626
Saint Mary's College of CaliforniaMoraga, CA$166,493,857
Madonna UniversityLivonia, MI$54,779,071
Saint Martin's UniversityLacey, WA$77,972,192
Canisius UniversityBuffalo, NY$99,933,030
Chaminade University of HonoluluHonolulu, HI$74,102,364
Le Moyne CollegeSyracuse, NY$148,595,597
Saint Michael's CollegeColchester, VT$95,658,452
Fontbonne UniversitySaint Louis, MO$32,156,221
St Mary's UniversitySan Antonio, TX$152,784,251
Data update history
October 3, 2024
Updated personnel
Identified 5 new personnel
August 26, 2024
Received grants
Identified 23 new grant, including a grant for $12,500 from Deloitte Foundation
May 20, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 20, 2024
Updated personnel
Identified 21 new personnel
May 18, 2024
Used new vendors
Identified 3 new vendors, including , , and
Nonprofit Types
SchoolsHigher ed institutions
Issues
Education
Characteristics
CatholicChristianReligiousOperates internationallyState / local levelReceives government fundingEndowed supportProvides scholarshipsFundraising races, competitions, and tournamentsTax deductible donationsAccepts online donations
General information
Address
500 Salisbury St
Worcester, MA 01609
Metro area
Worcester, MA-CT
County
Worcester County, MA
Website URL
assumption.edu/ 
Phone
(508) 767-7000
Facebook page
assumptioncollege 
Twitter profile
@assumptionnews 
IRS details
EIN
04-2105776
Fiscal year end
May
Taxreturn type
Form 990
Year formed
1904
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B42: Undergraduate College (4-year)
NAICS code, primary
611310: Colleges, Universities, and Professional Schools
Parent/child status
Independent
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