HARRISBURG UNIVERSITY OF SCIENCE AND TECHNOLOGY

HARRISBURG UNIVERSITY OF SCIENCE AND TECHNOLOGY

HARRISBURG, PA, US
501(c)(3)
EIN
25-1900793
School

HARRISBURG UNIVERSITY OF SCIENCE AND TECHNOLOGY

HARRISBURG, PA, US
501(c)(3)
EIN
25-1900793
School

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$78,734,415

Program Services
82%
Other
8%
Contributions
8%
Government Grants
1%
Investments
<1%
Fundraising Events
<1%
Membership Dues
0%
Expenses in 2024

$88,712,168

Salaries & Benefits
44%
Interest
11%
Fees to Service Providers
11%
Grants
9%
Offices, Occupancy & IT
8%
Other
8%
Depreciation
7%
Advertising & Promotion
2%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$10,171,543
$5,956,502
-41%
Government Grants
$3,175,497
$823,332
-74%
Fundraising Events
$124,050
$93,900
-24%
Program Services
$56,995,090
$64,595,309
+13%
Membership Dues
$0
$0
-
Investments
$535,384
$632,895
+18%
Other
$2,359,022
$6,632,477
+181%
Total Revenues
$73,360,586
$78,734,415
+7%
Expenses
2023
2024
Change
Grants
$8,747,800
$7,748,917
-11%
Benefits to Members
$0
$0
-
Salaries & Benefits
$37,879,066
$39,243,781
+4%
Fees to Service Providers
$9,255,817
$9,585,436
+4%
Advertising & Promotion
$2,269,135
$1,814,196
-20%
Offices, Occupancy & IT
$7,317,987
$6,830,119
-7%
Interest
$5,383,053
$10,033,585
+86%
Depreciation
$4,316,654
$6,643,792
+54%
Other
$6,831,074
$6,812,342
0%
Total Expenses
$82,000,586
$88,712,168
+8%
Net income
2023
2024
Change
Net income
-$8,640,000
-$9,977,753
-15%
Functional Expenses
Summary
2023
2024
Change
Program
$65,371,912
$70,411,810
+8%
Admin
$15,636,381
$17,313,896
+11%
Fundraising
$992,293
$986,462
-1%
Total Expenses
$82,000,586
$88,712,168
+8%
Income Statement
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