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Pennsylvania · Nonprofit

SALUS UNIVERSITY

SALUS UNIVERSITY (Pennsylvania) receives grants from 46 organizations whose IRS filings report $2,810,804 to it, the largest being DR ROBERT HENRY SCHOLARSHIP FUND ($472,981). 27 of them have funded it in more than one year.

Revenue FY2024
$60M
Funders on record
46
Grants received
$2.8M
Net assets
$0
27/46 repeat funderspeak grant-dependency 1%
01What it does

What Salus University does

Mission

The mission of Salus University is to advance integrated health care through innovative education, research and clinical services.

As stated on its FY2024 Form 990.

Programs

On its FY2023 return the organization reported a significant change in how it conducts a program.

On june 28, 2024, the middle states commission on higher education (msche) approved Salus University's merger with drexel university,a public charity. Salus University filed a statement of merger with the commonwealth of pennsylvania, which approved the merger to be effective end of day june 30, 2024. The merger still requires united states department of education (usde) approval. The transaction reflects recent, two-step usde guidance: current: in the current, pre-transaction state, drexel university, a pennsylvania nonprofit corporation, owns and controls drexel university, a nonprofit institution accredited by msche, which exists and operates separately from Salus University, a pennsylvania nonprofit corporation, that owns and controls Salus University, a nonprofit institution accredited by msche. Step one (merger): upon msche approval, drexel university, the pennsylvania nonprofit corporation, will own and control both drexel university, a nonprofit institution accredited by msche, and Salus University, a nonprofit institution temporarily accredited by msche. The board of trustees of Salus University, the pennsylvania nonprofit corporation, will dissolve, and three of its members will be appointed to the board of trustees of drexel university, the pennsylvania nonprofit corporation. The president of Salus University, the nonprofit institution temporarily accredited by msche, will report to the drexel president with dotted line reporting to the board of trustees of drexel…

Its own explanation, from Schedule O of that return (Part III, line 3).

  1. Post graduate program: Salus University is a post graduate educational institution. The university programs lead to doctoral degrees in optometry, audiology, and occupational therapy, a phd in biomedicine, and master's degrees in medical science, occupational therapy, speech and language, low vision rehabilitation, and others. The university enrolled 1,296 students. During the year, 485 students earned degrees, 35 earned certifications, and 7 students completed non-degree studies.

    $36,879,750 spentof which $3,476,850 as grants$48,452,212 earned by the program
    78% of program spending
  2. Clinical program: the university operates three clinical teaching facilities. Approximately 700 students are trained annually. The clinics provided eye care, ear care, and speech and language rehabilitation to over 40,000 patients.

    $9,215,424 spent$3,939,301 earned by the program
    19% of program spending
  3. Research program: the university receives federal, state, and private grants to support basic research, clinical research, specialized training, and student financial aid. These amounts are expended pursuant to the grant agreement.

    $1,448,897 spent
    3% of program spending

The 3 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $47,544,071.

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.

100 = 20172017 Revenue 100 ($50M) Expenses 100 ($50M) Net assets 100 ($15M)2018 Revenue 105 ($53M) Expenses 101 ($50M) Net assets 125 ($19M)2019 Revenue 104 ($52M) Expenses 108 ($54M) Net assets 113 ($17M)2020 Revenue 104 ($52M) Expenses 102 ($51M) Net assets 122 ($19M)2021 Revenue 108 ($54M) Expenses 104 ($52M) Net assets 176 ($27M)2022 Revenue 110 ($55M) Expenses 112 ($56M) Net assets 183 ($28M)2023 Revenue 114 ($57M) Expenses 119 ($59M) Net assets 174 ($27M)2024 Revenue 120 ($60M) Expenses 122 ($60M) Net assets 0 ($0)
'17'18'19'20'21'22'23'24
Revenue (120)Expenses (122)Net assets (0)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $70M to $0 (−100%).

$76M
$76M
$75M
$72M
$72M
$71M
$70M
$0
'17'18'19'20'21'22'23'24
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
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 10% · 2018 9% · 2019 7% · 2020 6% · 2021 6% · 2022 3% · 2024 5%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.

$574k
’17
$2.7M
’18
−$1.2M
’19
$1.3M
’20
$2.3M
’21
−$776k
’22
−$2.0M
’23
−$244k
’24
2.8
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

Ms Rebecca Delia

Chair

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed3232362932323434
Joined·+8+6+9+5+3+8+3
No longer listed·82162363
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 8 funders to 19 funders, grant income rose $168k → $404k.

10 of 46 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 9% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $11M from one payer (the payer shares this organization's board, largest Pennsylvania College of Optometry Foundation). These are real filings, and they are not money SALUS UNIVERSITY raised.

From the IRS filings of SALUS UNIVERSITY’s funders (the co-funder graph). Top 30 of 46 funders by total. 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

SALUS UNIVERSITY has a broad base — no single funder exceeds 17% of grant income, and it takes 6 funders to reach half.

the vertical line marks half of all grant income — 6 funders to its left

50% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund SALUS UNIVERSITY.

17%
largest funder
40%
top three
~14
effective funders

Largest funder’s share by year: 2017 74% · 2018 56% · 2019 42% · 2020 10% · 2021 60% · 2022 26% · 2023 24% — 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

33% of SALUS UNIVERSITY's funders are still giving 3 years after their first grant; 59% 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

SALUS UNIVERSITY draws 77% of its grant income from funders outside Pennsylvania, across 14 states in all.

ME
IL
NY
MA
NV
OH
PA
CA
CO
MO
WV
MD
TX
FL

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

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

Funder states come from each funder’s own filing. $247k arriving through sponsors registered in 8 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

Government funding SALUS UNIVERSITY receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $12.0M on record.

Federal$12.0M
grants $11.9Mcontracts $153k
17
18
19
20
21
22
23
24
25
Top agencies
  • Department of Education$7.2M
  • Department of Health and Human Services$4.7M
  • Department of Defense$153k

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 SALUS 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 Pennsylvania

Nationally

05Profile & governance

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

Where the money goes

79% of spending goes to programs.

Program 79%Management 20%Fundraising 1%

Governance

20
board members
90%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 11 states

AK
NH
WA
MI
NY
MA
PA
CA
CO
MD
SC

Part of a family of 1 related entity

  • Pennsylvania College of Optometry Foundation · exempt

Screen this organization

A dated, signed PDF of the compliance screen for SALUS 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 SALUS UNIVERSITY?
SALUS UNIVERSITY (Pennsylvania) receives grants from 46 organizations whose IRS filings report $2,810,804 to it, the largest being DR ROBERT HENRY SCHOLARSHIP FUND ($472,981). 27 of them have funded it in more than one year.
How many funders does SALUS UNIVERSITY have?
IRS filings report 46 organizations giving $2,810,804 in grants to SALUS UNIVERSITY, 27 of which have funded it in more than one year.
Who is the largest funder of SALUS UNIVERSITY?
DR ROBERT HENRY SCHOLARSHIP FUND is the largest funder on record, with $472,981 in grants. The full list of funders is on this page.
How can an organization like SALUS UNIVERSITY find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Pennsylvania. 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 FY2024 (financials across 2017–2024), and the filings of 46 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