Lock Haven University Foundation

Analysis

Lock Haven University Foundation is a registered charity in United States, based in Lock Haven, PA. It received its IRS tax-exemption ruling in January 1969, 57 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, Lock Haven University Foundation reported income of $4.1m and spending of $2.6m, leaving 36% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.8m to $4.1m (+49%), an average of +10% a year. The sharpest change came in the year to June 2023, when income rose by 63%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lock Haven University Foundation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 89th percentile within PA. Charities of a similar size with the same main cause include Grace Academy Inc ($4.1m), Wilderness Education Project ($4.1m) and Rivers Edge Christian Academy ($4.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 59% and program service revenue 19% of the total. Other salaries and wages came to $315k. At year end it held assets of $29.0m against liabilities of $12.6m, net assets of $16.4m. It reported 38 employees.