Miami University Foundation Inc

Analysis

Miami University Foundation Inc is a registered charity in United States, based in Oxford, OH. It received its IRS tax-exemption ruling in April 1952, 74 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, Miami University Foundation Inc reported income of $27.3m and spending of $25.2m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $29.5m to $27.3m (-7.4%), an average of -1.9% a year. The sharpest change came in the year to June 2021, when income rose by 51%. Over the whole period it spent 72% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Miami University Foundation Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within OH. Charities of a similar size with the same main cause include Cape Henry Collegiate School Inc ($27.2m), Providence Academy ($27.3m) and Lionsgate Academy ($27.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $781.6m against liabilities of $307.8m, net assets of $473.8m.