University of Western Ontario

Analysis

University of Western Ontario is a registered charity in United States, based in Canada. It received its IRS tax-exemption ruling in August 1966, 60 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. The IRS classifies it as a school under section 501(c)(3).

In the financial year ending April 2023, University of Western Ontario reported income of $1.36bn and spending of $1.25bn, spending 92% of its income. Across the 5 years on record, from April 2019 to April 2023, income grew from $1.24bn to $1.36bn (+9.6%), an average of +2.3% a year. Over the whole period it spent 89% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, University of Western Ontario 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. Charities of a similar size with the same main cause include International Rescue Committee Inc ($1.34bn), The Governors of the University of Alberta ($1.45bn) and Map International ($1.02bn).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 40% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $2.6m (0.2% of expenses). Other salaries and wages came to $628.5m. At year end it held assets of $4.43bn against liabilities of $1.69bn, net assets of $2.73bn.