Marshall University Real Estate Foundation Inc

Analysis

Marshall University Real Estate Foundation Inc is a registered charity in United States, based in Huntington, WV. It received its IRS tax-exemption ruling in November 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Marshall University Real Estate Foundation Inc reported income of $18.9m and spending of $166k, leaving 99% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $115k to $18.9m (+16365%), an average of +258% a year. The sharpest change came in the year to June 2022, when income rose by 1277%. Over the whole period it spent 13% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Marshall University Real Estate Foundation Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within WV. Charities of a similar size with the same main cause include The Bloomsburg University Foundation Inc ($18.9m), Krell Institute Inc ($18.9m) and NMC Inc ($18.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.1% of the total. At year end it held assets of $22.2m against liabilities of $1.7m, net assets of $20.5m.