William Woods University

Analysis

William Woods University is a registered charity in United States, based in Fulton, MO. It received its IRS tax-exemption ruling in October 1942, 84 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, William Woods University reported income of $32.2m and spending of $38.2m, spending 119% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $37.0m to $32.2m (-13%), an average of -3.4% a year. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, William Woods University sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within MO. Charities of a similar size with the same main cause include Perspectives Charter School ($32.2m), Grow Public Schools ($32.2m) and St Thomas Aquinas College ($32.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.3% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $682k (1.8% of expenses). Other salaries and wages came to $11.3m. At year end it held assets of $50.4m against liabilities of $6.1m, net assets of $44.3m. It reported 705 employees.