Moravian University
Analysis
Moravian University is a registered charity in United States, based in Bethlehem, PA. It received its IRS tax-exemption ruling in January 1943, 83 years ago. 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, Moravian University reported income of $132.1m and spending of $132.6m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $114.1m to $132.1m (+16%), an average of +3.7% a year. Over the whole period it spent 98% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Moravian University sits at the 100th 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 Roosevelt University ($131.8m), St Paul Place Specialists Inc ($133.7m) and Pediatric Physicians Services Inc ($131.7m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.9% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $2.8m (2.1% of expenses). Other salaries and wages came to $34.6m. At year end it held assets of $297.6m against liabilities of $74.2m, net assets of $223.5m. It reported 1,644 employees.
Income and spending
Where the income comes from
- Contributions & grants 6.9%
- Program services 85%
- Other 8.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Roosevelt University | Chicago | $131.8m |
| St Paul Place Specialists Inc | Baltimore | $133.7m |
| Pediatric Physicians Services Inc | St Petersburg | $131.7m |
| Make- A- Wish Foundation of America | Phoenix | $135.3m |