Western University of Health Sciences
Analysis
Western University of Health Sciences is a registered charity in United States, based in Pomona, CA. It received its IRS tax-exemption ruling in May 1976, 50 years ago. 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, Western University of Health Sciences reported income of $253.3m and spending of $236.4m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $220.6m to $253.3m (+15%), an average of +3.5% a year. Over the whole period it spent 91% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Western University of Health Sciences sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within CA. Charities of a similar size with the same main cause include Consumer Reports Inc ($249.7m), Florida Hospital Healthcare Partners Inc ($255.7m) and Calhfa Homeowner Relief Corporation ($243.3m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.9% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $5.1m (2.2% of expenses). Other salaries and wages came to $114.9m. At year end it held assets of $546.3m against liabilities of $267.0m, net assets of $279.2m. It reported 1,918 employees.
Income and spending
Where the income comes from
- Contributions & grants 8.9%
- Program services 87%
- Other 3.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Consumer Reports Inc | Yonkers | $249.7m |
| Florida Hospital Healthcare Partners Inc | Ormond Beach | $255.7m |
| Calhfa Homeowner Relief Corporation | Sacramento | $243.3m |
| Trinity Health System | Phoenix | $255.8m |