Middle Tennessee State University Foundation

Analysis

Middle Tennessee State University Foundation is a registered charity in United States, based in Murfreesboro, TN. It received its IRS tax-exemption ruling in May 1963, 63 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 2024, Middle Tennessee State University Foundation reported income of $28.4m and spending of $21.1m, leaving 26% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $11.9m to $28.4m (+139%), an average of +19% a year. The sharpest change came in the year to June 2021, when income rose by 163%. Over the whole period it spent 58% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Middle Tennessee State University Foundation sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within TN. Charities of a similar size with the same main cause include Republic Schools Inc ($28.4m), University of Toccoa Falls Inc ($28.4m) and Academy of Excellence ($28.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 72% of the total. At year end it held assets of $151.0m against liabilities of $3.1m, net assets of $148.0m.