University Student Housing

Analysis

University Student Housing is a registered charity in United States, based in West Chester, PA. It received its IRS tax-exemption ruling in July 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, University Student Housing reported income of $34.2m and spending of $24.2m, leaving 29% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $31.5m to $34.2m (+8.6%), an average of +2.1% a year. The sharpest change came in the year to June 2022, when income rose by 622%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University Student Housing 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 PA. Charities of a similar size with the same main cause include Allen-Chase Foundation ($34.2m), Southwestern College ($34.2m) and Colorado School of Mines Foundation ($34.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.9% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $145k (0.6% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $170.1m against liabilities of $199.7m, net assets of -$29.6m. It reported 105 employees.