West Chester University Foundation

Analysis

West Chester University Foundation is a registered charity in United States, based in West Chester, PA. It received its IRS tax-exemption ruling in November 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, West Chester University Foundation reported income of $11.8m and spending of $10.6m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $13.4m to $11.8m (-11%), an average of -3.0% a year. The sharpest change came in the year to June 2021, when income rose by 51%. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, West Chester University Foundation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within PA. Charities of a similar size with the same main cause include United Charter High School for Advanced Math and Science II ($11.8m), Riverbend Head Start Delegate Inc ($11.8m) and Elevate Academy ($11.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 65% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $768k (7.2% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $56.0m against liabilities of $2.7m, net assets of $53.3m. It reported 45 employees.