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New York · Nonprofit

EXCELSIOR UNIVERSITY

EXCELSIOR UNIVERSITY (New York) receives grants from 28 organizations whose IRS filings report $937,004 to it, the largest being THE KRESGE FOUNDATION ($300,000). 13 of them have funded it in more than one year.

Revenue FY2025
$87M
Funders on record
28
Grants received
$937k
Net assets
$65M
13/28 repeat funderspeak grant-dependency 0%
01What it does

What Excelsior University does

Mission

Excelsior University provides educational opportunity to adult learners with an emphasis on those historically underrepresented in higher education. The University meets students where they are - academically and geographically, offering quality instruction and the assessment of prior learning.

As stated on its FY2025 Form 990.

Programs

  1. Undergrad and Graduate Tuition and Fees. During this period, 145,035 undergraduate hours of course instruction, and 13,594 hours of graduate level course instruction were delivered.

    $26,853,048 spentof which $1,156,235 as grants$81,348,656 earned by the program
    61% of program spending
  2. Enrollment in higher education. During this period, 6,031 new students enrolled in the University while there were 9,536 actively enrolled students as of 6/30/25. 3,765 degrees were awarded from July 1, 2024 through June 30, 2025.

    $17,349,043 spent$2,014,942 earned by the program
    39% of program spending
  3. Other program services, not described on the e-filed return.

    $0 spent
    0% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $44,202,091.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($101M) Expenses 100 ($99M) Net assets 100 ($37M)2018 Revenue 86 ($87M) Expenses 87 ($87M) Net assets 103 ($38M)2019 Revenue 79 ($80M) Expenses 75 ($75M) Net assets 119 ($44M)2020 Revenue 75 ($76M) Expenses 74 ($73M) Net assets 128 ($47M)2021 Revenue 77 ($78M) Expenses 77 ($77M) Net assets 148 ($54M)2022 Revenue 71 ($72M) Expenses 76 ($75M) Net assets 120 ($44M)2023 Revenue 73 ($74M) Expenses 71 ($70M) Net assets 136 ($50M)2024 Revenue 82 ($83M) Expenses 78 ($77M) Net assets 159 ($58M)2025 Revenue 86 ($87M) Expenses 83 ($82M) Net assets 177 ($65M)
'17'18'19'20'21'22'23'24'25
Revenue (86)Expenses (83)Net assets (177)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $79M to $65M (−17%).

$67M
$65M
$69M
$73M
$79M
$65M
$69M
$75M
$78M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 2% · 2018 2% · 2019 1% · 2020 1% · 2021 1% · 2022 5% · 2023 0% · 2024 0% · 2025 0%. Grants only. Government contracts and fees sit inside program revenue.

1% of EXCELSIOR UNIVERSITY’s revenue is contributions — more earned-revenue than three-quarters of its peers (23% for the typical peer).

This organization
Typical peer · 4,251 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.

$2.2M
’17
−$175
’18
$5.1M
’19
$2.6M
’20
$1.6M
’21
−$3.4M
’22
$4.4M
’23
$6.0M
’24
$4.8M
’25
3.0
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Matthew Loeb

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed454241373635342931
Joined·+7+7+8+7+3+7+5+7
No longer listed·10812848105
03Who funds it

Who funds it, year by year

2017 → 2023: the base held at 6 funders, grant income fell $208k → $25k.

6 of 28 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 14% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of EXCELSIOR UNIVERSITY’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

EXCELSIOR UNIVERSITY has a broad base — no single funder exceeds 32% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

32%
largest funder
58%
top three
~6
effective funders

Largest funder’s share by year: 2017 96% · 2018 75% · 2019 85% · 2020 43% · 2021 57% · 2022 68% · 2023 39% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

26% of EXCELSIOR UNIVERSITY's funders are still giving 3 years after their first grant; 46% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

EXCELSIOR UNIVERSITY draws 58% of its grant income from funders outside New York, across 12 states in all.

ID
IL
MI
NY
MA
IN
OH
PA
MO
MD
NC
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
New York out of state home

Funder states come from each funder’s own filing. $129k arriving through sponsors registered in 5 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

EXCELSIOR UNIVERSITY runs a healthier operating margin than half of the 3,758 education nonprofits its size.

Operating margin6% · above the median
Months of reserve3.0mo · below the median
Revenue growth (annualized)−2% · bottom quartile

this organization peer median middle 50% of peers· 3,758 education nonprofits $10M–$100M, FY2025

Government funding EXCELSIOR UNIVERSITY receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $4.8M on record — $4.8M federal, $13 state.

Federal$4.8M
grants $4.8Mcontracts $500
17
18
20
21
24
25
Top agencies
  • Department of Education$3.3M
  • National Science Foundation$865k
  • Department of Health and Human Services$322k
  • Department of Energy$273k
  • Department of Defense$500
State$13
Top programs
  • REFUNDS - GENERAL $13

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like EXCELSIOR UNIVERSITY

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In New York

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

54% of spending goes to programs.

Program 54%Management 45%Fundraising 1%

Governance

14
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Part of a family of 1 related entity

  • Education Upward Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for EXCELSIOR UNIVERSITY: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds EXCELSIOR UNIVERSITY?
EXCELSIOR UNIVERSITY (New York) receives grants from 28 organizations whose IRS filings report $937,004 to it, the largest being THE KRESGE FOUNDATION ($300,000). 13 of them have funded it in more than one year.
How many funders does EXCELSIOR UNIVERSITY have?
IRS filings report 28 organizations giving $937,004 in grants to EXCELSIOR UNIVERSITY, 13 of which have funded it in more than one year.
Who is the largest funder of EXCELSIOR UNIVERSITY?
THE KRESGE FOUNDATION is the largest funder on record, with $300,000 in grants. The full list of funders is on this page.
How can an organization like EXCELSIOR UNIVERSITY find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 28 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing