Education (B420) IRS Verified DX Registered 990 on File

CALDWELL UNIVERSITY INC

EIN: 22-1500483 · CALDWELL, NJ 07006-5310 · United States · FY 2023 Data

3 out of 5 54 / 100 Based on 2+ years of filings

Financial strength (30%) 69/100

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

Founded in 1939 by the Sisters of Saint Dominic, Caldwell University promotes intellectual, spiritual, and aesthetic growth to a diverse population and welcomes all cultures and faith traditions. Inspired by St. Dominic de Guzman and our Catholic heritage, we transform students' lives by preparing them through the liberal arts and professional studies to think critically, pursue truth, and contribute to a just society.

Financial Overview — FY 2023

$76.6M

Total Revenue

$77.5M

Total Expenses

$30.7M

Net Assets

892

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 85.1%

Fundraising Efficiency 1372.0%

Operating Reserve 4.75x

Liability-to-Asset 48.9%

Revenue Diversification 93.8%

Executive Compensation $1.7M

Compared with Peers

FY 2023

Compared with 3,578 similar organizations (United States, Education, $10M–$100M 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	85.1%	84.4%	P10P90	Above median
Admin expense ratio Management and general / total expenses · lower is better	13.3%	13.5%	P10P90	Above median
Fundraising expense ratio Fundraising expenses / total expenses · lower is better	1.6%	0.7%	P10P90	Below median
Fundraising efficiency Fundraising expenses / gross fundraising income · lower is better	1372.0%	631.2%	P10P90	Below median
Operating reserve Months of expenses covered by net assets · higher is better	4.8 mo	10.9 mo	P10P90	Below median
Liabilities to assets Total liabilities / total assets · lower is better	48.9%	34.2%	P10P90	Below median
Revenue concentration Share of revenue from the largest source · lower is better	93.8%	87.3%	P10P90	Below median
Revenue growth Year over year revenue growth	-10.3%	4.8%	P10P90
Expense growth Year over year expense growth	-8.3%	8.5%	P10P90
Surplus margin Surplus as a share of revenue	-1.2%	2.7%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2023	$76.6M	$77.5M	$30.7M	85.1%	892
2022	$85.5M	$84.6M	$32.6M	85.1%	863
2021	$79.0M	$75.7M	N/A	—	889

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Organization Details

EIN: 22-1500483
State: NJ
City: CALDWELL
ZIP: 07006-5310
Classification: B420
Category: Education
Rating: 3★
Coverage: A
Last Updated: Aug 2026
IRS Ruling Year: 1939
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

★★★★★ 80–100 ★★★★☆ 60–79 ★★★☆☆ 40–59 ★★☆☆☆ 20–39 ★☆☆☆☆ 1–19

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The coverage grade (A to D) says how much filing data the score rests on; NONE means there is not enough to rate.
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"Compared with peers" places the charity's key ratios against organizations of the same country, sector and size.

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