Youngstown State University Foundation

Analysis

Youngstown State University Foundation is a registered charity in United States, based in Youngstown, OH. It received its IRS tax-exemption ruling in December 1966, 60 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 June 2024, Youngstown State University Foundation reported income of $34.4m and spending of $20.0m, leaving 42% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $16.6m to $34.4m (+107%), an average of +20% a year. The sharpest change came in the year to June 2021, when income rose by 127%. Over the whole period it spent 59% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Youngstown State University Foundation 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 Frisch School ($34.3m), Albuquerque Academy ($34.4m) and Bluffton University ($34.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 37% of the total. Compensation of current officers, directors and key employees was $475k (2.4% of expenses). Other salaries and wages came to $937k. At year end it held assets of $359.4m against liabilities of $12.6m, net assets of $346.8m. It reported 28 employees.