Webster University

Analysis

Webster University is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in May 1970, 56 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 May 2023, Webster University reported income of $126.9m and spending of $166.2m, spending 131% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income fell from $171.8m to $126.9m (-26%), an average of -7.3% a year. The sharpest change came in the year to May 2023, when income dropped by 15%. Over the whole period it spent 113% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Webster University sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within MO. Charities of a similar size with the same main cause include National-Louis University ($126.8m), Saint Marys College ($127.1m) and Institute for the International Education of Students ($126.7m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 2.9% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $2.1m (1.3% of expenses). Other salaries and wages came to $55.1m. It paid $125k in professional fundraising fees. At year end it held assets of $335.1m against liabilities of $141.3m, net assets of $193.8m. It reported 2,469 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.