Kansas Wesleyan University

Analysis

Kansas Wesleyan University is a registered charity in United States, based in Salina, KS. It received its IRS tax-exemption ruling in July 1937, 89 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, Kansas Wesleyan University reported income of $37.7m and spending of $35.7m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $28.2m to $37.7m (+34%), an average of +7.5% a year. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kansas Wesleyan University sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within KS. Charities of a similar size with the same main cause include Suffield Academy ($37.6m), The Schools of McKeel Academy Inc ($37.7m) and Madeira School Inc ($37.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $692k (1.9% of expenses). Other salaries and wages came to $7.1m. At year end it held assets of $64.3m against liabilities of $6.3m, net assets of $58.0m. It reported 407 employees.