IONA UNIVERSITY

NEW ROCHELLE, NY, 10801-0000 (914) 633-2483 Est. 1940 EIN 13-3508093
B43— Education Form 990 501(c)(3)
WWW.IONA.EDU

Mission

IONA UNIVERSITY IS A CARING ACADEMIC COMMUNITY, INSPIRED BY THE LEGACY OF BLESSED EDMUND RICE AND THE CHRISTIAN BROTHERS, WHICH EMBODIES OPPORTUNITY, JUSTICE, AND THE LIBERATING POWER OF EDUCATION. IONA UNIVERSITY'S PURPOSE IS TO FOSTER INTELLECTUAL INQUIRY, COMMUNITY ENGAGEMENT AND AN APPRECIATION FOR DIVERSITY. IN THE TRADITION OF AMERICAN CATHOLIC HIGHER EDUCATION, IONA UNIVERSITY COMMITS ITS ENERGIES AND RESOURCES TO THE DEVELOPMENT OF GRADUATES RECOGNIZED FOR THEIR ETHICS, CREATIVITY AND PROBLEM-SOLVING ABILITIES; THEIR INDEPENDENT AND ADAPTIVE THINKING; THEIR JOY IN LIFELONG LEARNING; AND THEIR ENDURING INTEGRATION OF MIND, BODY AND SPIRIT.

Financials

Total Revenue
$194,178,098
Total Expenses
$198,656,772
Net Assets
$340,895,835
1,697 employees 33 volunteers
From latest filing (tax period ending 2024-06-30)

Financial Health

Operating Reserve
20.6 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 5.9%
Expenses ↑ 7.4%
Revenue Sources
Contributions 11.7% Earned revenue 84.6% Investment 0.4% Other 3.0%
Expense Breakdown
Program 89.8% Management 8.9% Fundraising 1.3%

Officers & Key Employees (45)

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Grants Received (240)

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Filing History (7 filings)

YearRevenueExpensesNet Assets
2023 Form 990$194,178,098 $198,656,772$340,895,835
2022 Form 990$183,290,865 $184,921,114$319,366,476
2021 Form 990$177,877,196 $176,036,683$306,512,278
2020 Form 990$164,703,199 $162,970,593$316,721,708
2019 Form 990$158,822,357 $161,328,353$270,996,935
2018 Form 990$168,780,145 $163,786,398$269,542,537
2017 Form 990$165,838,955 $161,718,971$255,200,202

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EIN: 13-3508093 · Source: IRS Form 990 e-file data