University of Science & Philosophy

Analysis

University of Science & Philosophy is a registered charity in United States, based in Waynesboro, VA. It received its IRS tax-exemption ruling in December 1958, 68 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, University of Science & Philosophy reported income of $564k and spending of $290k, leaving 49% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $221k to $564k (+155%), an average of +26% a year. The sharpest change came in the year to December 2020, when income dropped by 180%. Over the whole period it spent 112% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University of Science & Philosophy sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within VA. Charities of a similar size with the same main cause include Institute for Advancing Computing Education ($564k), Coalition for a Tobacco Free Arkansas ($564k) and Vandegrift High School Band Booster Club ($564k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 5.1% of the total. Other salaries and wages came to $102k. At year end it held assets of $3.8m against liabilities of $6,851, net assets of $3.8m. It reported 4 employees.