The Harrisburg University of Science and Technology

Analysis

The Harrisburg University of Science and Technology is a registered charity in United States, based in Harrisburg, PA. It received its IRS tax-exemption ruling in June 2003, 23 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, The Harrisburg University of Science and Technology reported income of $73.4m and spending of $82.0m, spending 112% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $77.9m to $73.4m (-5.8%), an average of -1.5% a year. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Harrisburg University of Science and Technology sits at the 99th percentile: it is larger than about 99% of them. 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 Earlham College ($73.2m), Brenau University Inc ($73.4m) and Community Action Council for Lex- Fayette Bourb Harr Nich Counties ($73.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 18% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $1.5m (1.8% of expenses). Other salaries and wages came to $29.1m. At year end it held assets of $222.6m against liabilities of $185.2m, net assets of $37.4m. It reported 681 employees.