George Washington University

Analysis

George Washington University is a registered charity in United States, based in Ashburn, VA. It received its IRS tax-exemption ruling in December 1934, 92 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, George Washington University reported income of $1.80bn and spending of $1.75bn, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.67bn to $1.80bn (+8.2%), an average of +2.0% a year. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, George Washington University sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within VA. Charities of a similar size with the same main cause include Syracuse University ($1.74bn), Georgetown University ($1.92bn) and Gothic Corporation ($1.72bn).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.5% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $7.8m (0.4% of expenses). Other salaries and wages came to $594.7m. It paid $290k in professional fundraising fees. At year end it held assets of $4.98bn against liabilities of $2.26bn, net assets of $2.73bn. It reported 14,756 employees.