Walsh University

Analysis

Walsh University is a registered charity in United States, based in N Canton, OH. It received its IRS tax-exemption ruling in November 1961, 65 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, Walsh University reported income of $77.8m and spending of $74.3m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $82.4m to $77.8m (-5.5%), an average of -1.4% a year. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Walsh 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 OH. Charities of a similar size with the same main cause include Nebraska Wesleyan University ($77.7m), Thurgood Marshall College Fund Inc ($77.8m) and Berry Foundation ($77.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.9% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $699k (0.9% of expenses). Other salaries and wages came to $18.6m. It paid $109k in professional fundraising fees. At year end it held assets of $128.8m against liabilities of $14.6m, net assets of $114.2m. It reported 1,133 employees.