Student U

Analysis

Student U is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in September 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Student U reported income of $2.7m and spending of $3.7m, spending 136% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $2.7m (+35%), an average of +7.8% a year. The sharpest change came in the year to December 2021, when income rose by 86%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Student U sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within NC. Charities of a similar size with the same main cause include Building Brave Inc ($2.7m), Christian Home Educators of Colorado ($2.7m) and International Preschools ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 6.5% of the total. Compensation of current officers, directors and key employees was $238k (6.4% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $8.8m against liabilities of $757k, net assets of $8.0m. It reported 160 employees.