East-West University Inc

Analysis

East-West University Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in August 1980, 46 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 August 2023, East-West University Inc reported income of $13.2m and spending of $11.9m, spending 90% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $9.9m to $13.2m (+33%), an average of +7.4% a year. The sharpest change came in the year to August 2022, when income rose by 29%. 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, East-West University Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within IL. Charities of a similar size with the same main cause include Educators for Quality Alternatives ($13.2m), Compass Public Charter School Inc ($13.2m) and Hope Community Academy ($13.2m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 8.1% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $393k (3.3% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $88.0m against liabilities of $14.0m, net assets of $74.0m. It reported 130 employees.