Midwest University

Analysis

Midwest University is a registered charity in United States, based in Wentzville, MO. It received its IRS tax-exemption ruling in August 2002, 24 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 2024, Midwest University reported income of $2.7m and spending of $2.2m, spending 83% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.9m to $2.7m (+43%), an average of +7.4% a year. The sharpest change came in the year to June 2022, when income rose by 33%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Midwest University sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within MO. Charities of a similar size with the same main cause include Fideles Christian School Inc ($2.7m), Cedar Falls Community Schoolsfoundation ($2.7m) and Johnson City Public Library ($2.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 4.4% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $140k (6.3% of expenses). Other salaries and wages came to $660k. At year end it held assets of $3.5m against liabilities of $467k, net assets of $3.0m. It reported 21 employees.