Saint Martins University
5000 Abbey Way SE, Lacey, WA · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $97,477,845 | $76,854,464 | $105,570,829 |
| FY2024 | $75,811,810 | $75,525,002 | $80,408,797 |
| FY2023 | $77,972,192 | $78,767,948 | $75,937,943 |
| FY2022 | $83,647,205 | $74,270,384 | $71,111,039 |
| FY2021 | $75,737,885 | $69,963,516 | $65,539,905 |
| FY2020 | $66,410,290 | $65,919,119 | $54,723,947 |
| FY2019 | $70,240,330 | $59,833,397 | $54,877,864 |
| FY2018 | $55,000,544 | $55,583,248 | $44,759,077 |
| FY2017 | $57,937,981 | $55,714,364 | $42,575,746 |
| FY2016 | $50,448,751 | $51,554,964 | $37,081,593 |
| FY2015 | $52,563,151 | $52,133,861 | $39,983,007 |
| FY2014 | $51,145,930 | $51,573,603 | $39,557,324 |
| FY2013 | $52,682,002 | $50,905,764 | $38,746,564 |
| FY2012 | $47,025,226 | $47,079,347 | $34,251,705 |
Form 990 filings
The returns filed by Saint Martins University (EIN 91-0564993), 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 | $31,451,468 | 32% |
| Program service revenue | $64,522,026 | 66% |
| Other revenue | $1,504,351 | 2% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $61,177,843 | 80% |
| Management & general | $12,251,451 | 16% |
| Fundraising | $3,425,170 | 4% |
What the numbers show
- Program service revenue made up 66% of total revenue in FY2025.
- Program services accounted for 80% of functional expenses, management & general 16%, and fundraising 4%.
- 80% of functional expenses went to program services in FY2025. That is higher than 40% of 65 Education organizations in WA.
- Net assets covered about 16.5 months of expenses at the end of the reporting year. That puts it in the 55th percentile among 1420 Education organizations in WA.
- Total revenue was higher than 99.4% of 1433 Education organizations in WA.
- Total revenue rose from $47,025,226 in FY2012 to $97,477,845 in FY2025. Revenue increased in 7 and decreased in 6 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 5 of 14 reported years (FY2012, FY2014, FY2016, FY2018, FY2023).
- Net assets grew from $34,251,705 to $105,570,829 between FY2012 and FY2025.
- Contributions and grants made up 13% of revenue in FY2012 and 32% 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
SAINT MARTIN'S UNIVERSITY IS A CATHOLIC BENEDICTINE INSTITUTE OF HIGHER EDUCATION THAT EMPOWERS STUDENTS TO PURSUE A LIFETIME OF LEARNING AND ACCOMPLISHMENT IN ALL ARENAS OF HUMAN ENDEAVOR.
IRS status
| Ruling year | 1946 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | B430 — Education (in WA) |
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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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