University of Northwestern Ohio

Analysis

University of Northwestern Ohio is a registered charity in United States, based in Lima, OH. It received its IRS tax-exemption ruling in September 1992, 34 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, University of Northwestern Ohio reported income of $41.5m and spending of $42.4m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $48.4m to $41.5m (-14%), an average of -3.8% a year. The sharpest change came in the year to June 2023, when income dropped by 22%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University of Northwestern Ohio sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within OH. Charities of a similar size with the same main cause include Landon School Corporation ($41.5m), Frontier Nursing University Inc ($41.6m) and Academy of the New Church ($41.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.6% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $1.2m (2.9% of expenses). Other salaries and wages came to $14.3m. At year end it held assets of $117.4m against liabilities of $29.4m, net assets of $87.9m. It reported 470 employees.