Ohio Wesleyan University

Analysis

Ohio Wesleyan University is a registered charity in United States, based in Delaware, OH. It received its IRS tax-exemption ruling in June 1939, 87 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, Ohio Wesleyan University reported income of $112.1m and spending of $124.5m, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $143.3m to $112.1m (-22%), an average of -6.0% a year. The sharpest change came in the year to June 2020, when income dropped by 24%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ohio Wesleyan 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 Lebanon Valley College ($111.5m), Dominican University ($112.1m) and Benedictine College ($111.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 18% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $1.2m (1.0% of expenses). Other salaries and wages came to $23.2m. At year end it held assets of $489.5m against liabilities of $77.8m, net assets of $411.6m. It reported 1,438 employees.