Southwestern University

Analysis

Southwestern University is a registered charity in United States, based in Georgetown, TX. It received its IRS tax-exemption ruling in January 1971, 55 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, Southwestern University reported income of $146.3m and spending of $125.3m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $102.0m to $146.3m (+43%), an average of +9.4% a year. The sharpest change came in the year to June 2022, when income rose by 23%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Southwestern 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 100th percentile within TX. Charities of a similar size with the same main cause include Lynn University Inc ($146.0m), University of Findlay ($146.3m) and Dallas Baptist University ($145.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $1.9m (1.5% of expenses). Other salaries and wages came to $28.5m. At year end it held assets of $643.4m against liabilities of $126.7m, net assets of $516.7m. It reported 1,292 employees.