Education
(B430)
IRS Verified
DX Registered
990 on File
WIDENER UNIVERSITY
Financial strength (30%)
70/100
Reliability (20%)
55/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
Widener University’s mission is to empower a community of learners to discover and create better futures through a commitment to student success, agility in the face of rapid change, and a, student-centered, experiential, and, transformative education.
Financial Overview — FY 2023
$243.6M
Total Revenue
$246.3M
Total Expenses
$249.3M
Net Assets
2609
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
90.3%
Fundraising Efficiency
16733.1%
Operating Reserve
12.15x
Liability-to-Asset
40.1%
Revenue Diversification
92.3%
Executive Compensation
$2.3M
Compared with Peers
FY 2023
Compared with 607 similar organizations
(United States, Education, $100M and over in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
90.3% | 87.4% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
8.6% | 10.5% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
1.1% | 1.3% |
P10P90
|
Above median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
16733.1% | 4415.8% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
12.2 mo | 20.3 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
40.1% | 27.0% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
92.3% | 84.6% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
-4.2% | -2.0% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-4.4% | 5.9% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-1.1% | 1.3% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $243.6M | $246.3M | $249.3M | 90.3% | 2609 |
| 2022 | $254.3M | $257.5M | $224.6M | 87.9% | 2609 |
| 2021 | $233.4M | $235.7M | N/A | — | 2645 |
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