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Connecticut · Nonprofit

SACRED HEART UNIVERSITY INCORPORATED

SACRED HEART UNIVERSITY INCORPORATED (Connecticut) receives grants from 311 organizations whose IRS filings report $41,043,797 to it, the largest being CEDAR STREET CHARITABLE FOUNDATION INC ($8,519,500). 165 of them have funded it in more than one year.

Revenue FY2025
$576M
Funders on record
311
Grants received
$41M
Net assets
$976M
165/311 repeat funderspeak grant-dependency 1%
01What it does

What Sacred Heart University Incorporated does

Mission

At sacred heart university, we not only prepare students for the future, but also give them a deeper appreciation of who they are and all they can be. Through our distinctive mission and commitment to leadership in catholic higher education, we help students help others. The university is a co-education institution of higher learning offering undergraduate,graduate and doctoral degrees, as well as continuing education in a variety of disciplines, with a commitment to leadership in catholic higher education.

As stated on its FY2025 Form 990.

Programs

  1. Sacred heart university's student financial assistance office is dedicated to helping students and their families fin the most affordable options for attending college. Full-time undergraduate students can access two main types of financial assistance: (1) traditional merit or need-based aid, and (2) a variety of other resources available to all families, regardless of eligibility for traditional aid. Part-time undergraduate and graduate students may also qualify for several financial assistance options.

    $152,774,359 spentof which $152,774,359 as grants
    34% of program spending
  2. Sacred heart continues to offer a broad array of undergraduate and graduate programs regardless of which undergraduate or graduate program is chosen, our focus on academic opportunities - rooted in the catholic intellectual tradition and the principles of engaged learning-provides each student with a rich, personalized educational experience.

    $142,900,477 spent$430,541,854 earned by the program
    32% of program spending
  3. Sacred heart university is committed to meeting the needs of its student body by offering a wide range of services that support student success and enhance the overall student experience. Through academic advising, career services, the student success center, the office of accessibility, the maureen hamilton wellness center, and student life programs, the university provides resources aligned with its mission. The university also promotes active learning beyond the classroom through athletics, fraternity and sorority life, performing arts, and leadership opportunities that help students grow, build confidence, and develop leadership skills. Together, these efforts support a holistic student experience and prepare students to succeed during their time at the university and beyond.

    $73,443,900 spent$5,181,912 earned by the program
    16% of program spending
  4. Auxiliary enterprises and other miscellaneous services used to support the purpose and mission of sacred heart university.

    $77,468,538 spent$87,671,022 earned by the program
    17% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $446,587,274.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($313M) Expenses 100 ($271M) Net assets 100 ($369M)2018 Revenue 108 ($338M) Expenses 107 ($291M) Net assets 111 ($411M)2019 Revenue 114 ($358M) Expenses 116 ($314M) Net assets 124 ($456M)2020 Revenue 121 ($378M) Expenses 121 ($327M) Net assets 137 ($507M)2021 Revenue 135 ($421M) Expenses 131 ($355M) Net assets 166 ($612M)2022 Revenue 152 ($477M) Expenses 147 ($400M) Net assets 180 ($666M)2023 Revenue 163 ($509M) Expenses 156 ($425M) Net assets 208 ($768M)2024 Revenue 173 ($540M) Expenses 169 ($459M) Net assets 238 ($880M)2025 Revenue 184 ($576M) Expenses 186 ($504M) Net assets 264 ($976M)
'17'18'19'20'21'22'23'24'25
Revenue (184)Expenses (186)Net assets (264)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $899M to $1.1B (+24%).

$661M
$733M
$787M
$899M
$1.1B
$1.3B
$1.4B
$1.5B
$1.5B
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 1% · 2018 1% · 2019 1% · 2020 1% · 2021 3% · 2022 4% · 2023 2% · 2024 1% · 2025 2%. Grants only. Government contracts and fees sit inside program revenue.

5% of SACRED HEART UNIVERSITY INCORPORATED’s revenue is contributions — more earned-revenue than three-quarters of its peers (14% for the typical peer).

This organization
Typical peer · 732 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.

$41M
’17
$47M
’18
$44M
’19
$51M
’20
$66M
’21
$77M
’22
$84M
’23
$81M
’24
$72M
’25
2.8
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

John Vazquez

Chairman

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed393736383836374036
Joined·+3+3+6+4+6+6+14+6
No longer listed·5444851110
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 55 funders to 113 funders, grant income rose $3.2M → $6.0M.

27 of 311 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 33% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of SACRED HEART UNIVERSITY INCORPORATED’s funders (the co-funder graph). Top 30 of 311 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

SACRED HEART UNIVERSITY INCORPORATED has a broad base — no single funder exceeds 21% of grant income, and it takes 4 funders to reach half.

the vertical line marks half of all grant income — 4 funders to its left

80% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund SACRED HEART UNIVERSITY INCORPORATED.

21%
largest funder
49%
top three
~10
effective funders

Largest funder’s share by year: 2017 30% · 2018 32% · 2019 35% · 2020 30% · 2021 22% · 2022 22% · 2023 23% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

41% of SACRED HEART UNIVERSITY INCORPORATED's funders are still giving 3 years after their first grant; 53% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

SACRED HEART UNIVERSITY INCORPORATED draws 88% of its grant income from funders outside Connecticut, across 31 states in all.

ME
NH
WA
MN
IL
MI
NY
MA
WY
IN
OH
PA
NJ
CT
RI
CA
CO
MO
KY
VA
MD
DE
NC
DC
HI
OK
LA
AL
GA
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Connecticut out of state home

Funder states come from each funder’s own filing. $14M arriving through sponsors registered in 15 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

SACRED HEART UNIVERSITY INCORPORATED runs a healthier operating margin than half of the 684 education nonprofits its size.

Operating margin12% · above the median
Months of reserve2.8mo · above the median
Revenue growth (annualized)8% · above the median

this organization peer median middle 50% of peers· 684 education nonprofits over $100M, FY2025

Government funding SACRED HEART UNIVERSITY INCORPORATED receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $59.6M on record — $47.6M federal, $12.0M state.

Federal$47.6M
grants $47.6Mcontracts $0
17
18
19
20
21
22
23
24
25
26
Top agencies
  • Department of Education$31.0M
  • Department of Health and Human Services$8.6M
  • National Science Foundation$7.4M
  • Department of Justice$599k
State$12.0M
03
04
05
06
07
08
09
10
11
12
13
14
15
16
18
19
20
21
22
23
24
25
26
By state
  • CT$11.8M
  • NJ$193k
  • FL$407

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like SACRED HEART UNIVERSITY INCORPORATED

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Connecticut

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

89% of spending goes to programs.

Program 89%Management 11%Fundraising 1%

Governance

22
board members
95%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Public support

65%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

CT

Part of a family of 2 related entities

  • Coram Lane LLC · disregarded
  • Sacred Heart Campus in Dingle · disregarded

Screen this organization

A dated, signed PDF of the compliance screen for SACRED HEART UNIVERSITY INCORPORATED: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds SACRED HEART UNIVERSITY INCORPORATED?
SACRED HEART UNIVERSITY INCORPORATED (Connecticut) receives grants from 311 organizations whose IRS filings report $41,043,797 to it, the largest being CEDAR STREET CHARITABLE FOUNDATION INC ($8,519,500). 165 of them have funded it in more than one year.
How many funders does SACRED HEART UNIVERSITY INCORPORATED have?
IRS filings report 311 organizations giving $41,043,797 in grants to SACRED HEART UNIVERSITY INCORPORATED, 165 of which have funded it in more than one year.
Who is the largest funder of SACRED HEART UNIVERSITY INCORPORATED?
CEDAR STREET CHARITABLE FOUNDATION INC is the largest funder on record, with $8,519,500 in grants. The full list of funders is on this page.
How can an organization like SACRED HEART UNIVERSITY INCORPORATED find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Connecticut. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 311 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing