Walla Walla University

Analysis

Walla Walla University is a registered charity in United States, based in College Place, WA. It received its IRS tax-exemption ruling in November 2020, 6 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, Walla Walla University reported income of $64.8m and spending of $68.5m, spending 106% of what it took in. Across the 6 years on record, from June 2018 to June 2023, income fell from $67.5m to $64.8m (-4.1%), an average of -0.8% a year. The sharpest change came in the year to June 2023, when income dropped by 18%. 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, Walla Walla University 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 99th percentile within WA. Charities of a similar size with the same main cause include University of Maine Foundation ($64.7m), The Waynesburg University ($64.8m) and Collegiate School ($64.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 20% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $295k (0.4% of expenses). Other salaries and wages came to $21.6m. At year end it held assets of $142.4m against liabilities of $15.8m, net assets of $126.5m. It reported 1,562 employees.