Saginaw Valley State University Foundation

Analysis

Saginaw Valley State University Foundation is a registered charity in United States, based in University Center, MI. It received its IRS tax-exemption ruling in February 1964, 62 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 2023, Saginaw Valley State University Foundation reported income of $5.7m and spending of $7.0m, spending 122% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $15.8m to $5.7m (-64%), an average of -22% a year. The sharpest change came in the year to June 2021, when income rose by 100%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Saginaw Valley State University Foundation sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within MI. Charities of a similar size with the same main cause include Idcs Inc ($5.7m), Stride Learning Center ($5.7m) and Community Leadership Academy Inc ($5.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 70% of the total. At year end it held assets of $102.4m against liabilities of $464k, net assets of $102.0m.