Strongest financial health – private nonprofit universities

These 50 private nonprofit universities rank highest by NACUBO Composite Financial Index (CFI), drawn from 644 institutions with reported data in the U.S. Department of Education data for 2024-25. Long Island University (Brookville, NY) leads at 9.9.

Institutions ranked by Financial Health Index (CFI).
#InstitutionFinancial Health Index (CFI)
1Long Island UniversityNY9.9
2Wayland Baptist UniversityTX9.7
3Dunwoody College of TechnologyMN9.6
4Yeshivath ViznitzNY9.6
5Everglades UniversityFL9.5
6Lindsey Wilson UniversityKY9.4
7Massachusetts College of Pharmacy and Health SciencesMA9.2
8Geneva CollegePA9.1
9University of the CumberlandsKY9.1
10Saint Louis UniversityMO9.0
11Fisher CollegeMA8.8
12Grove City CollegePA8.8
13Hillsdale CollegeMI8.8
14Mercy UniversityNY8.8
15Saint Ambrose UniversityIA8.8
16Hardin-Simmons UniversityTX8.7
17John Brown UniversityAR8.7
18Taylor UniversityIN8.7
19Berea CollegeKY8.6
20Freed-Hardeman UniversityTN8.6
21Pontifical Catholic University of Puerto Rico-PoncePR8.6
22Saint Johns UniversityMN8.6
23Wilmington UniversityDE8.6
24Carleton CollegeMN8.5
25EDP University of Puerto Rico Inc-San JuanPR8.5
26Asbury UniversityKY8.4
27Augustana CollegeIL8.4
28Indiana Wesleyan University-MarionIN8.4
29Liberty UniversityVA8.4
30Randolph-Macon CollegeVA8.4
31Savannah College of Art and DesignGA8.4
32Bellevue UniversityNE8.3
33Belmont UniversityTN8.3
34Beth Medrash GovohaNJ8.3
35College of the Holy CrossMA8.3
36Occidental CollegeCA8.3
37Oklahoma Baptist UniversityOK8.3
38Universidad Politecnica de Puerto RicoPR8.3
39Austin CollegeTX8.2
40Colorado CollegeCO8.2
41Dartmouth CollegeNH8.2
42Northwood UniversityMI8.2
43Reed CollegeOR8.2
44Ave Maria UniversityFL8.1
45Grinnell CollegeIA8.1
46University of New EnglandME8.1
47Wilmington CollegeOH8.1
48Bay Path UniversityMA8.0
49Berry CollegeGA8.0
50Carnegie Mellon UniversityPA8.0

The Composite Financial Index (CFI) is the NACUBO/accreditor balance-sheet health score; bond-rating agencies track similar ratios. The CFI clamps and rewards reserves relative to budget size, so this list is limited to institutions with at least 1,000 undergraduates for comparability. A data ranking, not an Ibex endorsement or quality rating. Ranked solely on the metric named above using U.S. Department of Education data for 2024-25; federal collections lag the current academic year, and some measures are no longer published at all, so the most recent figure is not always a recent one. Institutions that do not report this metric are excluded. Figures and peer context appear on each institution’s profile.

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Which of these private nonprofit universities ranks highest by NACUBO Composite Financial Index (CFI)?

Long Island University (Brookville, NY), at 9.9. It leads 50 institutions shown here, drawn from 644 with reported data.

How is this ranking calculated?

On one disclosed metric only: by NACUBO Composite Financial Index (CFI), from College Scorecard & IPEDS, 2024-25. Institutions that do not report the metric are excluded. It is a data ranking, not an Ibex endorsement, quality rating or reputation survey, and no part of it is estimated or AI-generated.

How current is the data?

This list is built from the College Scorecard release of June 10, 2026 and the newest IPEDS collection on disk, using the most recent figure each of them publishes for the metric it ranks: College Scorecard & IPEDS, 2024-25. Federal collections lag the current academic year by two to three years, so the newest published figure is not always a recent one; the release the leaderboard is dated on is printed under it.

Source: U.S. Department of Education, College Scorecard & IPEDS (each measure carries its own collection year; see the methodology), with NSF NCSES (HERD), the Clery Act & EADA collections, Census ACS, BLS Employment Projections, WICHE & the FSA Direct Loan Dashboard. Compiled by Ibex Insights. For informational benchmarking only, not financial, investment, or accreditation advice. See the methodology.