Baldwin Wallace University

Analysis

Baldwin Wallace University is a registered charity in United States, based in Berea, OH. It received its IRS tax-exemption ruling in April 1954, 72 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, Baldwin Wallace University reported income of $147.0m and spending of $163.2m, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $142.5m to $147.0m (+3.2%), an average of +0.8% a year. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Baldwin Wallace 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 100th percentile within OH. Charities of a similar size with the same main cause include Friendship Public Charter School ($146.9m), Iowa State University Foundation ($147.0m) and Saint Leo University Inc ($146.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.2% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $1.9m (1.1% of expenses). Other salaries and wages came to $51.7m. At year end it held assets of $365.2m against liabilities of $58.1m, net assets of $307.1m. It reported 2,606 employees.