West Liberty University Foundation Inc

Analysis

West Liberty University Foundation Inc is a registered charity in United States, based in West Liberty, WV. It received its IRS tax-exemption ruling in June 1965, 61 years ago. 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 2024, West Liberty University Foundation Inc reported income of $3.4m and spending of $2.2m, leaving 37% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.3m to $3.4m (+47%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 63%. Over the whole period it spent 63% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, West Liberty University Foundation Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within WV. Charities of a similar size with the same main cause include Consumer Watchdog ($3.4m), Habitat for Humanity International Inc ($3.4m) and Wscadv ($3.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 55% and program service revenue 5.3% of the total. Compensation of current officers, directors and key employees was $75k (3.5% of expenses). Other salaries and wages came to $138k. At year end it held assets of $28.0m against liabilities of $80k, net assets of $27.9m. It reported 9 employees.