Mansfield University Foundation Inc

Analysis

Mansfield University Foundation Inc is a registered charity in United States, based in Mansfield, PA. It received its IRS tax-exemption ruling in October 1974, 52 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, Mansfield University Foundation Inc reported income of $1.2m and spending of $1.2m, spending 102% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.1m to $1.2m (+5.9%), an average of +1.9% a year. The sharpest change came in the year to June 2021, when income rose by 32%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mansfield University Foundation Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 79th percentile within PA. Charities of a similar size with the same main cause include Akiba Yavneh Foundation ($1.2m), The Forum for Urban Design Inc ($1.2m) and Homestead Christian Academy Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 26% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $115k (9.4% of expenses). Other salaries and wages came to $95k. At year end it held assets of $23.2m against liabilities of $299k, net assets of $23.0m. It reported 5 employees.