Eastern University

Organization Overview

Eastern University is located in St Davids, PA. The organization was established in 1953. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 06/2021, Eastern University employed 1,311 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Eastern University is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2020, Eastern University generated $80.2m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $80.7m during the year ending 06/2020. As we would expect to see with falling revenues, expenses have declined by (1.1%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

EASTERN UNIVERSITY IS A DIVERSE, CHRIST-CENTERED COMMUNITY PREPARING GRADUATES TO IMPACT THE WORLD.

Describe the Organization's Program Activity:

Part 3 - Line 4a

INSTRUCTION - EXPENDITURES FOR ALL ACTIVITIES THROUGH WHICH STUDENTS EARN CREDIT TOWARD POSTSECONDARY DEGREES OR CERTIFICATES, AND THE SUPPORT SERVICES FOR THE DELIVERY OF INSTRUCTION. INCLUDES EXPENDITURES FOR CURRICULUM DEVELOPMENT, DEPARTMENTAL RESEARCH, EDUCATION MATERIALS (E.G., LIBRARIES), LABORATORIES AND OTHER SERVICES THAT DIRECTLY ASSIST THE INSTITUTION'S ACADEMIC FUNCTIONS, FACULTY DEVELOPMENT, AND ACADEMIC ADMINISTRATION.


STUDENT SERVICES - FUNDS EXPENDED FOR OFFICES OF ADMISSIONS AND REGISTRAR AND THOSE ACTIVITIES THAT CONTRIBUTE TO THE EMOTIONAL AND PHYSICAL WELLBEING OF STUDENTS, AS WELL AS THEIR INTELLECTUAL, CULTURAL, AND SOCIAL DEVELOPMENT OUTSIDE OF THE CONTEXT OF THE FORMAL INSTRUCTIONAL ENVIRONMENT INCLUDING STUDENT ACTIVITIES, COUNSELING AND CAREER GUIDANCE, INTERCOLLEGIATE ATHLETICS, AND STUDENT ORGANIZATIONS.


AUXILIARY AND OTHER OPERATIONS - FUNDS EXPENDED FOR AUXILIARY ENTERPRISES THAT GENERALLY OPERATE AS SELF-SUPPORTING PROGRAMS BY CHARGING FEES FOR THE PROVISION OF GOODS AND SERVICES; ALSO INCLUDES EXPENDITURES FOR INSTITUTIONAL SUPPORT AND PLANT OPERATIONS ATTRIBUTABLE AND/OR ALLOCABLE TO THE PROGRAMMATIC DEPARTMENTS OF THE INSTITUTION.


ACADEMIC SUPPORT - FUNDS EXPENDED TO PROVIDE SUPPORT SERVICES FOR THE CORE, INSTRUCTIONAL MISSION OF THE UNIVERSITY INCLUDING OPERATION OF LIBRARIES AND LABORATORIES, INSTRUCTIONAL TECHNOLOGIES, ASSESSMENT, AND ACADEMIC ADMINISTRATION.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Csi International
Facility Services
$786,839
Tustin Mechanical Service
Mechanical Services
$445,498
Blackman & Co Inc
Building Construction
$441,682
Sodexo Inc
Dining Services
$1,998,739
Whole Health Co Llc
Health Care Services
$278,075
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$6,862,154
Investment income $717,526
Tax Exempt Bond Proceeds $52,606
Royalties $0
Net Rental Income $11,601
Net Gain/Loss on Asset Sales -$458,092
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $80,183,384

Grants Recieved

Over the last fiscal year, we have identified 29 grants that Eastern University has recieved totaling $1,570,840.

Awarding OrganizationAmount
Lilly Endowment Inc

Indianapolis, IN

PURPOSE: PATHWAYS FOR TOMORROW INITIATIVE

$1,000,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: EDUCATION

$146,100
Eula Mae And John Baugh Foundation

Jersey Village, TX

PURPOSE: CHRISTIANS FOR SOCIAL ACTION, CAMPOLO CENTER FOR MINISTRY

$86,000
Rockley Family Foundation Inc

Golden, CO

PURPOSE: Education of Students

$55,580
Lilly Endowment Inc

Indianapolis, IN

PURPOSE: PATHWAYS FOR TOMORROW INITIATIVE

$50,000
Robert & Sara S Comloquoy Char Fd Td 1513076670

Las Vegas, NV

PURPOSE: GENERAL OPERATING

$48,800
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$29,772,965
Earnings$6,060,035
Net Contributions$146,605
Other Expense$1,119,949
Grants$447,432
Ending Balance$34,412,224

Peer Organizations

Organization NameAssets
Fordham University
Bronx, NY
$953,892,663
Rochester Institute Of Technology
Rochester, NY
$1,071,324,345
St Johns University New York
Jamaica, NY
$798,473,536
University Of Dayton
Dayton, OH
$747,930,230
Villanova University
Villanova, PA
$872,271,471
Rensselaer Polytechnic Institute
Troy, NY
$653,047,178
Rockefeller University
New York, NY
$535,346,959
Lehigh University
Bethlehem, PA
$713,288,867
The New School
New York, NY
$558,997,855
Hofstra University
Hempstead, NY
$606,887,297
American University Of Beirut
New York, NY
$608,300,843
Seton Hall University
South Orange, NJ
$473,034,000

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