Delaware Valley University
501(c)(3) Donations tax-deductible
88% goes to programs $28 to raise $100 Strong reserves
Delaware Valley University is a 501(c)(3) organization based in Doylestown, Pennsylvania, registered in 1945, with $100,573,627 in FY2023 revenue. CharityIndex grades it A, and it directs about 88% of spending to programs.
700 E Butler Ave, Doylestown, PA, 18901 EIN 23-1352665 Since 1945
Revenue (FY2023)
$100.6M
▲ 4.2% vs prior year
Expenses (FY2023)
$102.5M
Net assets
$67.4M
Employees
1,224
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating88% to programs · $28 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Delaware Valley University: 88% to programs · $28 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating8 mo reserves · -2% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Delaware Valley University: 8 mo reserves · -2% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Delaware Valley University: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Delaware Valley University: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
A private four-year university providing higher education to individuals seeking advancement.
Contact & location
- Address
- 700 E Butler Ave, Doylestown, PA, 18901
- City
- Doylestown
- State
- Pennsylvania
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $78.5M (FY2013) to $100.6M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $46.7MNet assets $67.4M
Operating margin
-1.9%
Spent more than it raised in the latest fiscal year.
Total assets
$114.1M
Total liabilities
$46.7M
Net assets
$67.4M
Salaries & benefits
$35.0M
34% of expenses
Board members
20
20 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $100,573,627▲4.2% | $102,512,168▲3.6% | $67,436,675▼1.2% | $114,134,488 | 990 |
| 2022 | $96,502,047▲2.7% | $98,956,037▲7.5% | $68,283,325▼1.6% | $114,159,276▼1.5% | 990 |
| 2021 | $93,931,517▲1.0% | $92,075,288▲1.0% | $69,372,740▼5.6% | $115,886,881▼1.5% | 990 |
| 2020 | $92,994,574▲2.6% | $91,157,645▼1.6% | $73,524,372▲13.5% | $117,620,537▲8.1% | 990 |
| 2019 | $90,646,449▼2.7% | $92,683,768▼2.3% | $64,775,195▼2.8% | $108,794,895▼2.2% | 990 |
| 2018 | $93,127,496▲2.4% | $94,879,759▲3.9% | $66,616,687▼1.8% | $111,285,862▼2.8% | 990 |
| 2017 | $90,957,035▲2.2% | $91,343,342▲4.2% | $67,864,250 | $114,492,950▼0.8% | 990 |
| 2016 | $88,994,652▲7.9% | $87,638,212▲0.9% | $67,876,053▲3.5% | $115,398,070▲0.8% | 990 |
| 2015 | $82,467,125▲5.2% | $86,847,743▲8.5% | $65,561,989▼5.5% | $114,460,662▼4.3% | 990 |
| 2014 | $78,373,767▼0.1% | $80,049,033▲4.5% | $69,395,262▼4.6% | $119,548,255▼5.5% | 990 |
| 2013 | $78,462,754 | $76,596,449▲0.4% | $72,767,496▲4.3% | $126,443,403▲2.8% | 990 |
| 2012 | — | $76,286,457▲5.6% | $69,772,899▲0.5% | $123,051,921▲16.1% | 990 |
| 2011 | — | $72,275,005▲7.6% | $69,401,709▼0.9% | $106,021,110▲1.1% | 990 |
| 2010 | — | $67,188,879▲7.0% | $70,022,778▲113% | $104,843,198▲50.1% | 990 |
| 2009 | — | $62,822,052 | $32,857,084 | $69,859,576 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Benjamin Rusiloski — $352,216 (0.34% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Benjamin Rusiloski | President | 55 | $352,216 |
| Gloria Oikelome | Provost&vp of Academic Affairs | 55 | $225,270 |
| Joseph Fiochetta | Vp of Develop & Alumni Affairs | 55 | $216,489 |
| Kathryn Payne | Vp of Enrollment Management | 55 | $203,801 |
| Stephen Rieks | Chief Information Officer | 55 | $200,318 |
| Broc Sandelin | Dean of Agriculture & Environm | 55 | $192,500 |
| Curtis Topper | Vp of Finance & Administration | 0 | $105,302 |
| Robert Hite | Interim Vp of Finance & Admin. | 55 | $100,602 |
| James Cooper | Vp of Finance & Administration | 55 | $27,288 |
| Amy Tait | Trustee | 0.3 | — |
| Andrew Dougherty | Chair | 0.3 | — |
| Blair Rush | Trustee | 0.3 | — |
| Cam Maio | Trustee | 0.3 | — |
| Carol Aichele | Trustee | 0.3 | — |
| Celina Burgueno | Trustee | 0.3 | — |
| Francine Babik | Trustee | 0.3 | — |
| Fred Cope | Trustee | 0.3 | — |
| Gary Ulrich | Trustee | 0.3 | — |
| Hakim Richard Savoy | Vice-chair | 0.3 | — |
| Jeff Marshall | Trustee | 0.3 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Eat 'n Park Hospitality Group Inc | Food Services | $5,741,232 |
| Allied Universal Security Services | Security Services | $842,871 |
| Delran Builders Company Inc | Construction Srvcs | $820,360 |
| Independence Property Services LLC | Snow Removal & Lawn | $599,282 |
| Synergi Partners Inc | Tax Services | $551,454 |
Grants received · $597K total
38 grants to Delaware Valley University totaling $597K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $17,000 |
| Charities Aid Foundation America | Charitable donation | 2024 | $9,150 |
| National Philanthropic Tr | Education | 2023 | $33,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $23,950 |
| Hispanic Scholarship Fund | To provide scholarships for students | 2023 | $19,789 |
| American Endowment Foundation | Educational | 2023 | $18,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2023 | $15,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $10,250 |
| Philadelphia Foundation | Education | 2023 | $7,065 |
| American Online Giving Foundation Inc | General support | 2023 | $5,681 |
| National Philanthropic Tr | Education | 2022 | $50,000 |
| American Endowment Foundation | Educational | 2022 | $18,000 |
| The Blackbaud Giving Fund | General support | 2022 | $14,176 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $12,700 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2022 | $9,500 |
Frequently asked questions
- Is Delaware Valley University a legitimate nonprofit?
- Yes. Delaware Valley University is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 23-1352665, based in Doylestown, Pennsylvania. Donations are tax-deductible.
- What is Delaware Valley University's EIN?
- Delaware Valley University's Employer Identification Number (EIN) is 23-1352665.
- How much revenue does Delaware Valley University report?
- Delaware Valley University reported $100,573,627 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Delaware Valley University's spending goes to programs?
- Delaware Valley University spends about 88% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Delaware Valley University have?
- CharityIndex grades Delaware Valley University A, based on program efficiency and fundraising cost.
- How much does Delaware Valley University's highest-paid employee make?
- The highest reported compensation on Delaware Valley University's latest Form 990 is $352,216, paid to Benjamin Rusiloski (President).
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Data for Delaware Valley University (EIN 23-1352665) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.