Education
(B430)
IRS Verified
DX Registered
990 on File
WESTMINSTER UNIVERSITY
Financial strength (30%)
91/100
Reliability (20%)
55/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
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CharityAI™ Score
Not yet evaluated
Mission Statement
Westminster University is a private, independent university dedicated to student learning. We are a community of learners with a long and honored tradition of caring deeply about students and their education. We offer liberal arts and professional education in undergraduate, selected graduate courses, and other innovative degree and non-degree programs. Students experiment with ideas, raise questions, critically examine alternatives, and make informed decisions. We encourage students to assume responsibility for their learning, to discover and pursue their passions, and promote more equitable and sustainable communities.
Financial Overview — FY 2023
$75.3M
Total Revenue
$80.0M
Total Expenses
$151.4M
Net Assets
1155
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
85.7%
Fundraising Efficiency
N/A
Operating Reserve
22.72x
Liability-to-Asset
18.3%
Revenue Diversification
64.3%
Executive Compensation
$1.3M
Compared with Peers
FY 2023
Compared with 3,577 similar organizations
(United States, Education, $10M–$100M 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
|
85.7% | 84.4% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
12.5% | 13.5% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
1.8% | 0.7% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
22.7 mo | 10.9 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
18.3% | 34.2% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
64.3% | 87.3% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-4.3% | 4.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-5.3% | 8.5% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-6.1% | 2.7% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $75.3M | $80.0M | $151.4M | 85.7% | 1155 |
| 2022 | $78.7M | $84.4M | $165.2M | 80.2% | 1155 |
| 2021 | $98.8M | $86.0M | N/A | — | 1026 |
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