Education
(B110)
IRS Verified
DX Registered
990 on File
SALISBURY UNIVERSITY FOUNDATION INC
Financial strength (30%)
80/100
Reliability (20%)
55/100
Effectiveness (25%)
78/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
The Salisbury University Foundation, Inc. was created in 1973 to accumulate funds, by gift and investment, and to foster, encourage and enrich the activities, educational programs, athletics and scholarships of Salisbury University. It is the intent of the Foundation to promote, sponsor and carry out educational, scientific and charitable purposes and objectives for the benefit of Salisbury University and its students. Through the generosity of major benefactors, corporations, foundations, faculty, staff, parents, alumni and friends, the Salisbury University Foundation is fulfilling its promise to the Salisbury University community.
Financial Overview — FY 2025
$14.7M
Total Revenue
$7.4M
Total Expenses
$143.2M
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
76.4%
Fundraising Efficiency
223.7%
Operating Reserve
231.35x
Liability-to-Asset
1.7%
Revenue Diversification
80.2%
Compared with Peers
FY 2025
Compared with 5,743 similar organizations
(United States, Education, $1M–$10M in expenses), FY 2025.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
76.4% | 84.3% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
15.2% | 12.8% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
8.3% | 0.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
223.7% | 64.2% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
231.4 mo | 9.0 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
1.7% | 21.0% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
80.2% | 89.6% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
76.5% | 5.0% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
19.0% | 6.0% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
49.5% | 3.0% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $14.7M | $7.4M | $143.2M | 76.4% | 0 |
| 2024 | $8.3M | $6.2M | $122.9M | 77.6% | 0 |
| 2023 | $7.8M | $5.4M | $108.1M | 77.8% | 0 |
| 2022 | $9.5M | $4.6M | N/A | — | 0 |
| 2021 | $7.3M | $4.0M | N/A | — | 0 |
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