Armand Hammer United World College of the American West

Analysis

Armand Hammer United World College of the American West is a registered charity in United States, based in Montezuma, NM. It received its IRS tax-exemption ruling in June 1982, 44 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, Armand Hammer United World College of the American West reported income of $66.7m and spending of $38.9m, leaving 42% of income unspent that year. Across the 5 years on record, from May 2019 to May 2023, income grew from $50.2m to $66.7m (+33%), an average of +7.4% a year. The sharpest change came in the year to May 2023, when income rose by 50%. Over the whole period it spent 62% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Armand Hammer United World College of the American West 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 100th percentile within NM. Charities of a similar size with the same main cause include St Marks School of Texas ($66.6m), Georgetown College ($66.9m) and Transylvania University ($66.5m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 73% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $1.1m (2.8% of expenses). Other salaries and wages came to $4.9m. At year end it held assets of $425.2m against liabilities of $284.0m, net assets of $141.2m. It reported 210 employees.