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Maryland · Nonprofit

STEVENSON UNIVERSITY

STEVENSON UNIVERSITY (Maryland) receives grants from 104 organizations whose IRS filings report $13,057,257 to it, the largest being WOMEN'S HOSPITAL FOUNDATION INC ($2,250,000). 63 of them have funded it in more than one year.

Revenue FY2025
$188M
Funders on record
104
Grants received
$13M
Net assets
$196M
63/104 repeat funderspeak grant-dependency 2%
01What it does

What Stevenson University does

Mission

The university is an innovative, coeducational, independent institution offering undergraduate and graduate students a career-focused education marked by individualized attention, civility, and respect for difference. The university blends the liberal arts with career exploration and planning, complementing a traditional education with applied learning beyond the classroom. The university meets students where they are and supports and challenges them to become reflective and accomplished individuals committed to a lifetime of learning and contribution. Students graduate with the competence and confidence needed to address creatively the opportunities and problems facing their communities, the nation and the world.

As stated on its FY2025 Form 990.

Programs

  1. Stevenson University is a four year university providing educational services to approximately 2,805 full time, 301 part time and 578 graduate students.

    $78,473,958 spent$145,773,070 earned by the program
    51% of program spending
  2. The number of students receiving grants is as follows: pell 1,212, seog 167, work study 141, federal direct sub 1,177, federal direct unsub 1,828, parent loans 614, and stevenson grants and scholarships 2,946.

    $73,967,330 spentof which $73,967,330 as grants
    49% of program spending

The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $152,441,288.

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 ($154M) Expenses 100 ($147M) Net assets 100 ($121M)2018 Revenue 99 ($152M) Expenses 98 ($144M) Net assets 113 ($137M)2019 Revenue 94 ($145M) Expenses 97 ($142M) Net assets 118 ($143M)2020 Revenue 95 ($146M) Expenses 96 ($140M) Net assets 124 ($151M)2021 Revenue 101 ($155M) Expenses 95 ($139M) Net assets 153 ($186M)2022 Revenue 105 ($162M) Expenses 103 ($151M) Net assets 141 ($171M)2023 Revenue 103 ($158M) Expenses 107 ($156M) Net assets 148 ($180M)2024 Revenue 111 ($170M) Expenses 114 ($168M) Net assets 149 ($181M)2025 Revenue 122 ($188M) Expenses 117 ($172M) Net assets 161 ($196M)
'17'18'19'20'21'22'23'24'25
Revenue (122)Expenses (117)Net assets (161)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 2020 to 2021, from $303M to $354M (+17%).

$279M
$286M
$294M
$303M
$354M
$339M
$343M
$348M
$363M
'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 7% · 2018 6% · 2019 7% · 2020 7% · 2021 12% · 2022 14% · 2023 11% · 2024 9% · 2025 13%. Grants only. Government contracts and fees sit inside program revenue.

15% of STEVENSON UNIVERSITY’s revenue is contributions — more donation-reliant than the typical peer (14% for the typical peer).

This organization
Typical peer · 732 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.

$7.1M
’17
$8.3M
’18
$2.8M
’19
$6.0M
’20
$16M
’21
$11M
’22
$1.6M
’23
$2.6M
’24
$16M
’25
0.3
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

T Scott Pugatch

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed403938433838384046
Joined·+5+7+7+4+6+5+5+9
No longer listed·68296533
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 22 funders to 39 funders, grant income rose $215k → $2.9M.

14 of 104 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 8% 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 STEVENSON UNIVERSITY’s funders (the co-funder graph). Top 30 of 104 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

STEVENSON UNIVERSITY has a broad base — no single funder exceeds 17% of grant income, and it takes 4 funders to reach half.

the vertical line marks half of all grant income — 4 funders to its left

29% 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 STEVENSON UNIVERSITY.

17%
largest funder
43%
top three
~11
effective funders

Largest funder’s share by year: 2017 34% · 2018 18% · 2019 30% · 2020 45% · 2021 55% · 2022 25% · 2023 36% — growing more concentrated.

“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 STEVENSON UNIVERSITY's funders are still giving 3 years after their first grant; 61% 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

90% of STEVENSON UNIVERSITY's grant income comes from Maryland funders.

WA
MN
NY
MA
PA
NJ
RI
CA
UT
MO
VA
MD
NC
SC
DC
OK
GA
TX

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

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

Funder states come from each funder’s own filing. $988k arriving through sponsors registered in 10 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

STEVENSON UNIVERSITY runs a healthier operating margin than half of the 684 education nonprofits its size.

Operating margin9% · above the median
Months of reserve0.3mo · bottom quartile
Revenue growth (annualized)3% · bottom quartile

this organization peer median middle 50% of peers· 684 education nonprofits over $100M, FY2025

Government funding STEVENSON UNIVERSITY receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $92.9M on record — $13.8M federal, $79.1M state.

Federal$13.8M
grants $13.8Mcontracts $0
20
21
25
Top agencies
  • Department of Education$13.6M
  • National Science Foundation$150k
State$79.1M
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
By state
  • MD$79.1M
  • NJ$25k
  • VT$6k
  • DE$3k

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 STEVENSON 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 Maryland

Nationally

05Profile & governance

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

Where the money goes

89% of spending goes to programs.

Program 89%Management 11%Fundraising 1%

Governance

28
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy–Document retention✓Board reviewed the 990✓Audited financials

Public support

86%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

MD

Part of a family of 2 related entities

  • Boulevard Realty No 2 LLC · disregarded
  • Owings Mills East LLC · disregarded

Screen this organization

A dated, signed PDF of the compliance screen for STEVENSON 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 STEVENSON UNIVERSITY?
STEVENSON UNIVERSITY (Maryland) receives grants from 104 organizations whose IRS filings report $13,057,257 to it, the largest being WOMEN'S HOSPITAL FOUNDATION INC ($2,250,000). 63 of them have funded it in more than one year.
How many funders does STEVENSON UNIVERSITY have?
IRS filings report 104 organizations giving $13,057,257 in grants to STEVENSON UNIVERSITY, 63 of which have funded it in more than one year.
Who is the largest funder of STEVENSON UNIVERSITY?
WOMEN'S HOSPITAL FOUNDATION INC is the largest funder on record, with $2,250,000 in grants. The full list of funders is on this page.
How can an organization like STEVENSON UNIVERSITY find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Maryland. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Stevenson University →

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 104 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 22, 2026. What this page cannot tell you · view filing