Otterbein University

Analysis

Otterbein University is a registered charity in United States, based in Westerville, OH. It received its IRS tax-exemption ruling in December 1945, 81 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, Otterbein University reported income of $106.5m and spending of $105.6m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $101.9m to $106.5m (+4.5%), an average of +1.1% a year. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Otterbein University 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 OH. Charities of a similar size with the same main cause include Washington State University Foundation ($106.0m), The Early Learning Coalition of Southwest Florida Inc ($106.5m) and Alfred University ($106.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.5% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $1.2m (1.1% of expenses). Other salaries and wages came to $27.3m. At year end it held assets of $248.9m against liabilities of $47.8m, net assets of $201.1m. It reported 1,517 employees.