Assumption University

Education organization based in Worcester, MA. 1,093 employees. Exempt under §501(c)(3).

MissionASSUMPTION UNIVERSITY IS A COMPREHENSIVE, CATHOLIC LIBERAL ARTS INSTITUTION SPONSORED BY THE AUGUSTINIANS OF THE ASSUMPTION. WE AWAKEN IN STUDENTS A SENSE OF WONDER, DISCOVERY, AND PURPOSE, FORMING GRADUATES KNOWN FOR THEIR INTELLECTUAL SERIOUSNESS, THOUGHTFUL CITIZENSHIP, AND

Financial snapshot · TY 2023

$127.1M
Total revenue
$129.3M
Total expenses
$239.3M
Net assets

Financial health · TY 2023

80
Strong financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
73
13.1 months of expenses
Program efficiency
100
94.2% spent on programs
Revenue diversity
52
Mix of program fees, grants & contributions

Leadership compensation

$498,407
74th percentile vs. peers
Peter Wells
TREASURER, VP FIN. & ADMIN
$313,048
75th percentile vs. peers
William Boffi
VP ENROLLMENT
$278,452
75th percentile vs. peers
Kevin Hickey
PROFESSOR
$253,513
75th percentile vs. peers
$253,337
75th percentile vs. peers

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Assumption University Executive Compensation | 990 Data | DoubleNine