Nebraska Wesleyan University

Analysis

Nebraska Wesleyan University is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in May 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 May 2023, Nebraska Wesleyan University reported income of $77.7m and spending of $79.7m, spending 103% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $75.3m to $77.7m (+3.2%), an average of +0.8% a year. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Nebraska Wesleyan University sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NE. Charities of a similar size with the same main cause include Berry Foundation ($77.7m), Walsh University ($77.8m) and Early Learning Coalition of Brevard County Inc ($77.5m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 7.6% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $1.6m (2.0% of expenses). Other salaries and wages came to $16.0m. At year end it held assets of $149.5m against liabilities of $17.3m, net assets of $132.2m. It reported 1,111 employees.