Stevenson University Inc

Analysis

Stevenson University Inc is a registered charity in United States, based in Owings Mills, MD. It received its IRS tax-exemption ruling in June 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Stevenson University Inc reported income of $158.0m and spending of $156.4m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $145.1m to $158.0m (+8.9%), an average of +2.2% a year. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Stevenson University Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 99th percentile within MD. Charities of a similar size with the same main cause include Foundation for California Community Colleges ($157.7m), Pacific Lutheran University Inc ($158.6m) and Berea College ($157.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 15% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $2.3m (1.5% of expenses). Other salaries and wages came to $35.7m. It paid $4,185 in professional fundraising fees. At year end it held assets of $343.2m against liabilities of $163.0m, net assets of $180.2m. It reported 1,588 employees.