Washington and Jefferson College

Analysis

Washington and Jefferson College is a registered charity in United States, based in Washington, PA. It received its IRS tax-exemption ruling in July 1935, 91 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 2023, Washington and Jefferson College reported income of $107.3m and spending of $95.3m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $91.8m to $107.3m (+17%), an average of +4.0% a year. The sharpest change came in the year to June 2023, when income rose by 20%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Washington and Jefferson College sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within PA. Charities of a similar size with the same main cause include California College of the Arts ($107.2m), L S U Foundation ($107.4m) and Ips Enterprises Inc ($107.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 23% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $1.2m (1.3% of expenses). Other salaries and wages came to $19.6m. It paid $54k in professional fundraising fees. At year end it held assets of $316.7m against liabilities of $61.1m, net assets of $255.7m. It reported 1,012 employees.