Millersville University Foundation

Analysis

Millersville University Foundation is a registered charity in United States, based in Millersville, PA. It received its IRS tax-exemption ruling in March 1968, 58 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 2024, Millersville University Foundation reported income of $3.4m and spending of $1.7m, leaving 50% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income fell from $9.0m to $3.4m (-62%), an average of -21% a year. The sharpest change came in the year to June 2022, when income rose by 68%. Over the whole period it spent 36% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Millersville University Foundation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 88th percentile within PA. Charities of a similar size with the same main cause include Reading Assist Institute ($3.4m), Chattanooga Charter School of Excellence Middle ($3.4m) and Faith Academy of Marble Falls ($3.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 38% of the total. At year end it held assets of $66.6m against liabilities of $4.0m, net assets of $62.7m.