Won Institute of Graduate Studies

Analysis

Won Institute of Graduate Studies is a registered charity in United States, based in Warminster, PA. It received its IRS tax-exemption ruling in May 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Won Institute of Graduate Studies reported income of $3.0m and spending of $2.8m, spending 96% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.7m to $3.0m (+71%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 99%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Won Institute of Graduate Studies sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 87th percentile within PA. Charities of a similar size with the same main cause include Bais Yaakov School for Girls ($3.0m), Prime Educational Solutions ($3.0m) and Renaissance Academy Inc ($3.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 11% and program service revenue 86% of the total. Other salaries and wages came to $1.6m. At year end it held assets of $6.8m against liabilities of $443k, net assets of $6.4m. It reported 88 employees.