Universal Education Foundation

Analysis

Universal Education Foundation is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in March 2005, 21 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 July 2024, Universal Education Foundation reported income of $1.1m and spending of $1.0m, spending 91% of its income. Across the 5 years on record, from July 2020 to July 2024, income grew from $461k to $1.1m (+147%), an average of +25% a year. The sharpest change came in the year to July 2022, when income rose by 52%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Universal Education Foundation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 79th percentile within PA. Charities of a similar size with the same main cause include Dxtera Institute Inc ($1.1m), Pleasant Ridge School Inc ($1.1m) and St Vincent St Mary High School Foundation ($1.1m).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 19% and program service revenue 80% of the total. Other salaries and wages came to $749k. At year end it held assets of $600k against liabilities of $120k, net assets of $480k. It reported 45 employees.