Education (B430) IRS Verified DX Registered 990 on File

SALVE REGINA UNIVERSITY

EIN: 05-0259080 · NEWPORT, RI 02840-4149 · United States · FY 2023 Data

3 out of 5 57 / 100 Based on 2+ years of filings

Financial strength (30%) 79/100

Reliability (20%) 55/100

Effectiveness (25%) 88/100

Impact (25%) No data yet

Financial data: FY 2023 · Scored 9/13/2026

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Mission Statement

Salve Dance Marathon is a student-run organization at Salve Regina University that hosts a fundraiser, the proceeds of which go to Hasbro Children’s Hospital located in Providence, Rhode Island. This is the second year that Salve Regina will be hosting a Dance Marathon. Students pledge to stand for eighteen consecutive hours in honor of the patients at Hasbro Children’s Hospital. Our goal is to raise $15,000, which will help change the lives of children struggling with disease or other ailments. We hope to have about 350 participants, with each participant raising at least $50. The Salve Regina community, including students, faculty, and alumni, would like to partner with you in making a difference in the lives of these children. With your cooperation, we want to show these children that we support them through their recovery. Please, help us make miracles happen as we stand for those who can’t. For the kids!

Financial Overview — FY 2023

$136.6M

Total Revenue

$135.4M

Total Expenses

$172.8M

Net Assets

1549

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 88.6%

Fundraising Efficiency N/A

Operating Reserve 15.32x

Liability-to-Asset 22.1%

Revenue Diversification 91.6%

Executive Compensation $2.2M

Compared with Peers

FY 2023

Compared with 607 similar organizations (United States, Education, $100M and over in expenses), FY 2023.

This organization Middle half of peers (P25–P75) Peer median

Ratio	This org	Peer median	Position (P10 → P90)
Program expense ratio Program expenses / total expenses · higher is better	88.6%	87.4%	P10P90	Above median
Admin expense ratio Management and general / total expenses · lower is better	9.8%	10.5%	P10P90	Above median
Fundraising expense ratio Fundraising expenses / total expenses · lower is better	1.6%	1.3%	P10P90	Below median
Operating reserve Months of expenses covered by net assets · higher is better	15.3 mo	20.3 mo	P10P90	Below median
Liabilities to assets Total liabilities / total assets · lower is better	22.1%	27.0%	P10P90	Above median
Revenue concentration Share of revenue from the largest source · lower is better	91.6%	84.6%	P10P90	Below median
Revenue growth Year over year revenue growth	-4.1%	-2.0%	P10P90
Expense growth Year over year expense growth	5.7%	5.9%	P10P90
Surplus margin Surplus as a share of revenue	0.9%	1.3%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2023	$136.6M	$135.4M	$172.8M	88.6%	1549
2022	$142.5M	$128.0M	$166.7M	88.5%	1487
2021	$125.9M	$119.6M	N/A	—	1474

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Organization Details

EIN: 05-0259080
State: RI
City: NEWPORT
ZIP: 02840-4149
Classification: B430
Category: Education
Rating: 3★
Coverage: A
Last Updated: Aug 2026
IRS Ruling Year: 2012
Foundation Code: 11
Form 990: On File

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

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