Case Western Reserve University
Analysis
Case Western Reserve University is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in July 1952, 74 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, Case Western Reserve University reported income of $1.53bn and spending of $1.45bn, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.22bn to $1.53bn (+25%), an average of +5.8% a year. The sharpest change came in the year to June 2022, when income rose by 18%. Over the whole period it spent 93% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Case Western Reserve University sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within OH. Charities of a similar size with the same main cause include The Medical College of Wisconsin Inc ($1.49bn), Temple University-Of the Commonwealth System of Higher Educ ($1.54bn) and Baylor University ($1.45bn).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 43% and program service revenue 48% of the total. Compensation of current officers, directors and key employees was $6.2m (0.4% of expenses). Other salaries and wages came to $408.7m. It paid $124k in professional fundraising fees. At year end it held assets of $4.26bn against liabilities of $1.21bn, net assets of $3.05bn. It reported 10,207 employees.
Income and spending
Where the income comes from
- Contributions & grants 43%
- Program services 48%
- Other 8.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| The Medical College of Wisconsin Inc | Milwaukee | $1.49bn |
| Temple University-Of the Commonwealth System of Higher Educ | Philadelphia | $1.54bn |
| Baylor University | Waco | $1.45bn |
| Liberty University Inc | Lynchburg | $1.57bn |