Missouri State University Foundation

Analysis

Missouri State University Foundation is a registered charity in United States, based in Springfield, MO. It received its IRS tax-exemption ruling in October 1981, 45 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, Missouri State University Foundation reported income of $35.5m and spending of $37.4m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $30.8m to $35.5m (+15%), an average of +3.6% a year. The sharpest change came in the year to June 2020, when income rose by 41%. Over the whole period it spent 73% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Missouri State University Foundation sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within MO. Charities of a similar size with the same main cause include Iota Community Schools ($35.5m), California Virtual Academy at San Joaquin -A California NPRFT Corp- ($35.5m) and Cushing Academy Trustees ($35.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 85% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $208k (0.6% of expenses). Other salaries and wages came to $4.1m. At year end it held assets of $195.8m against liabilities of $13.5m, net assets of $182.3m. It reported 104 employees.