East Stroudsburg University Foundation

Analysis

East Stroudsburg University Foundation is a registered charity in United States, based in East Stroudsburg, PA. It received its IRS tax-exemption ruling in September 1987, 39 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, East Stroudsburg University Foundation reported income of $9.5m and spending of $5.9m, leaving 38% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.4m to $9.5m (+50%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 56%. Over the whole period it spent 69% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, East Stroudsburg University Foundation sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within PA. Charities of a similar size with the same main cause include Marvelwood Preparatory School ($9.5m), Academy for Urban School Leadership ($9.5m) and Path School Inc ($9.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 60% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $409k (6.9% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $36.8m against liabilities of $894k, net assets of $35.9m. It reported 17 employees.