Whitworth University
Analysis
Whitworth University is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in June 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 June 2023, Whitworth University reported income of $141.4m and spending of $145.0m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $145.3m to $141.4m (-2.7%), an average of -0.7% a year. The sharpest change came in the year to June 2021, when income rose by 51%. Over the whole period it spent 91% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Whitworth 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 WA. Charities of a similar size with the same main cause include Hampden-Sydney College ($141.2m), Morehouse College ($141.6m) and Seattle Pacific University ($140.8m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $1.7m (1.2% of expenses). Other salaries and wages came to $38.2m. At year end it held assets of $369.3m against liabilities of $109.5m, net assets of $259.8m. It reported 2,146 employees.
Income and spending
Where the income comes from
- Contributions & grants 13%
- Program services 83%
- Other 3.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Hampden-Sydney College | Hmpden Sydney | $141.2m |
| Morehouse College | Atlanta | $141.6m |
| Seattle Pacific University | Seattle | $140.8m |
| Eckerd College | St Petersburg | $143.9m |