Marywood University

Analysis

Marywood University is a registered charity in United States, based in Scranton, PA. It received its IRS tax-exemption ruling in December 1945, 81 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, Marywood University reported income of $116.2m and spending of $111.0m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $104.1m to $116.2m (+12%), an average of +2.8% a year. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Marywood 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 99th percentile, and in the 99th percentile within PA. Charities of a similar size with the same main cause include A Beka Academy Inc ($116.1m), Agora Cyber Charter School Hope B Hague ($116.3m) and Lawrence University of Wisconsin ($115.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 18% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $1.7m (1.5% of expenses). Other salaries and wages came to $27.0m. It paid $144k in professional fundraising fees. At year end it held assets of $234.4m against liabilities of $89.0m, net assets of $145.4m. It reported 1,216 employees.