Washington University

Analysis

Washington University is a registered charity in United States, based in St Louis, MO. It received its IRS tax-exemption ruling in August 1933, 93 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, Washington University reported income of $5.09bn and spending of $5.01bn, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.10bn to $5.09bn (+24%), an average of +5.6% a year. The sharpest change came in the year to June 2020, when income rose by 24%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Washington 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 MO. Charities of a similar size with the same main cause include Ecmc Group Inc ($5.04bn), University of Southern California ($5.12bn) and Massachusetts Institute of Technology ($4.95bn).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $24.3m (0.5% of expenses). Other salaries and wages came to $2.05bn. At year end it held assets of $19.79bn against liabilities of $4.41bn, net assets of $15.39bn. It reported 30,487 employees.