Delaware Valley University

Analysis

Delaware Valley University is a registered charity in United States, based in Doylestown, PA. It received its IRS tax-exemption ruling in October 1945, 81 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Delaware Valley University reported income of $96.5m and spending of $99.0m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $93.1m to $96.5m (+3.6%), an average of +0.9% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Delaware Valley University sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within PA. Charities of a similar size with the same main cause include Community Research Foundation Inc ($96.3m), Lee University ($97.3m) and Airport Research and Development Foundation ($96.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.7% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $647k (0.7% of expenses). Other salaries and wages came to $26.7m. At year end it held assets of $114.2m against liabilities of $45.9m, net assets of $68.3m. It reported 1,166 employees.