Shawnee State University Foundation

Analysis

Shawnee State University Foundation is a registered charity in United States, based in Portsmouth, OH. It received its IRS tax-exemption ruling in December 1984, 42 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Shawnee State University Foundation reported income of $3.3m and spending of $2.1m, leaving 38% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.6m to $3.3m (+26%), an average of +6.0% a year. The sharpest change came in the year to June 2022, when income rose by 137%. Over the whole period it spent 64% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Shawnee State University Foundation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within OH. Charities of a similar size with the same main cause include 9 Dots Community Learning Center ($3.3m), Austin Public Education Foundation ($3.3m) and South Country Library ($3.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 79% of the total. Other salaries and wages came to $222k. At year end it held assets of $36.1m against liabilities of $3.5m, net assets of $32.6m. It reported 6 employees.