The Waynesburg University

Analysis

The Waynesburg University is a registered charity in United States, based in Waynesburg, PA. It received its IRS tax-exemption ruling in September 1946, 80 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, The Waynesburg University reported income of $64.8m and spending of $61.4m, spending 95% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $52.8m to $64.8m (+23%), an average of +5.3% a year. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Waynesburg University sits at the 99th percentile: it is larger than about 99% of them. 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 Walla Walla University ($64.8m), Buckingham Browne and Nichols School ($64.8m) and University of Maine Foundation ($64.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 27% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $1.1m (1.9% of expenses). Other salaries and wages came to $14.5m. At year end it held assets of $122.4m against liabilities of $43.6m, net assets of $78.9m. It reported 807 employees.