St Ambrose University
518 W Locust St, Davenport, IA · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $230,527,484 | $114,570,414 | $478,709,442 |
| FY2024 | $121,522,041 | $116,195,488 | $345,803,299 |
| FY2023 | $120,947,375 | $113,414,845 | $318,139,786 |
| FY2022 | $125,922,880 | $113,433,185 | $290,275,625 |
| FY2021 | $124,435,505 | $104,786,592 | $294,760,326 |
| FY2020 | $111,513,726 | $103,581,494 | $238,152,591 |
| FY2019 | $113,122,096 | $101,522,632 | $240,915,632 |
| FY2018 | $111,531,603 | $99,538,840 | $226,601,146 |
| FY2017 | $105,326,908 | $99,481,879 | $207,637,495 |
| FY2016 | $105,404,035 | $99,542,905 | $187,208,997 |
| FY2015 | $111,560,612 | $99,416,519 | $190,752,014 |
| FY2014 | $113,936,748 | $96,120,074 | $184,115,162 |
| FY2013 | $101,072,928 | $91,800,452 | $164,707,121 |
| FY2012 | $94,770,704 | $87,922,588 | $138,357,525 |
Form 990 filings
The returns filed by St Ambrose University (EIN 42-0703280), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $120,260,222 | 52% |
| Program service revenue | $97,753,751 | 42% |
| Other revenue | $12,513,511 | 5% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $96,445,500 | 84% |
| Management & general | $16,170,324 | 14% |
| Fundraising | $1,954,590 | 2% |
What the numbers show
- Contributions & grants made up 52% of total revenue in FY2025.
- Program services accounted for 84% of functional expenses, management & general 14%, and fundraising 2%.
- 84% of functional expenses went to program services in FY2025. That is higher than 39.5% of 38 Education organizations in IA.
- Net assets covered about 50.1 months of expenses at the end of the reporting year. That puts it in the 62nd percentile among 635 Education organizations in IA.
- Total revenue was higher than 99.7% of 643 Education organizations in IA.
- Total revenue rose from $94,770,704 in FY2012 to $230,527,484 in FY2025. Revenue increased in 8 and decreased in 5 of 13 year-over-year comparisons.
- Revenue covered expenses in each of the 14 reported years, FY2012 to FY2025.
- Net assets grew from $138,357,525 to $478,709,442 between FY2012 and FY2025.
- Contributions and grants made up 5% of revenue in FY2012 and 52% in FY2025.
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
ST. AMBROSE UNIVERSITY - INDEPENDENT, DIOCESAN AND CATHOLIC - ENABLES ITS STUDENTS TO DEVELOP INTELLECTUALLY, SPIRITUALLY, ETHICALLY, SOCIALLY, ARTISTICALLY AND PHYSICALLY TO ENRICH THEIR OWN LIVES AND THE LIVES OF OTHERS.
IRS status
| Ruling year | 1946 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | B430 — Education (in IA) |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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