University of the West
Analysis
University of the West is a registered charity in United States, based in Rosemead, CA. It received its IRS tax-exemption ruling in June 1990, 36 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, University of the West reported income of $7.5m and spending of $6.6m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $8.3m to $7.5m (-9.5%), an average of -2.5% a year. The sharpest change came in the year to June 2022, when income dropped by 20%. Over the whole period it spent 90% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, University of the West sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Montgomery College Foundation Inc ($7.5m), Camarillo Academy of Progressive Education ($7.5m) and Center for Educational Innovation ($7.5m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 59% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $295k (4.5% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $33.0m against liabilities of $587k, net assets of $32.4m. It reported 114 employees.
Income and spending
Where the income comes from
- Contributions & grants 59%
- Program services 34%
- Other 7.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Montgomery College Foundation Inc | Rockville | $7.5m |
| Camarillo Academy of Progressive Education | Camarillo | $7.5m |
| Center for Educational Innovation | New York | $7.5m |
| Montana Family Practice Residency | Billings | $7.5m |