Susquehanna University

Analysis

Susquehanna University is a registered charity in United States, based in Selinsgrove, PA. It received its IRS tax-exemption ruling in December 1937, 89 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Susquehanna University reported income of $155.8m and spending of $170.9m, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $145.9m to $155.8m (+6.7%), an average of +1.6% a year. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Susquehanna University sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 99th percentile within PA. Charities of a similar size with the same main cause include Education Loan Finance Inc ($155.5m), Niagara University ($156.3m) and Xavier University of Louisiana ($155.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.2% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $1.8m (1.1% of expenses). Other salaries and wages came to $33.5m. It paid $8,900 in professional fundraising fees. At year end it held assets of $350.6m against liabilities of $56.5m, net assets of $294.1m. It reported 1,805 employees.