Indiana Wesleyan University: $226.0M Revenue, $213.0M Expenses
Marion, Indiana · EIN 350885591 · Filing year 2024
Indiana Wesleyan University reported $226.0M in total revenue, $213.0M in total expenses, and $614.6M in total assets on its 2024 IRS Form 990. Total compensation for current officers and key employees was $915K (0.40% of revenue). NonprofitTruth efficiency grade: C (64/100).
Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2024.
Key Facts (2024 Form 990)
- Total Revenue
- $226.0M
- Total Expenses
- $213.0M
- Total Assets
- $614.6M
- Reserve Months
- 34.6 months
- Surplus / (Deficit)
- $13.0M
- EIN
- 350885591
- Latest 990 Year
- 2024
- Current-Officer Compensation
- $915K
- Officer Comp % of Revenue
- 0.40%
The composite efficiency score of 64/100 puts Indiana Wesleyan University at C — neither standout nor failing. Some factors run above the median (often reserves) while others run below (often revenue stability or officer-comp ratio).
Annual revenue at Indiana Wesleyan University runs $226.0M (2024), placing it among the larger U.S. nonprofits in the IRS Form 990 dataset. Operating reserves at Indiana Wesleyan University are adequate: the balance sheet covers a reasonable share of annual expenses, though not a deep multi-year cushion.
Revenue trend is mildly positive across the five-year filing window — modest growth, consistent with stable funding sources keeping pace with organizational costs. Officer compensation is modest relative to organizational size: Indiana Wesleyan University reports $914,957 in total compensation for current officers and key employees (Form 990 Part IX, line 5) against $226.0M in revenue. The ratio is well within the bands third-party charity raters consider reasonable at this scale. In the Education category, Indiana Wesleyan University sits alongside universities, K-12 systems, scholarship funds, and education-research organizations. Education-sector nonprofits often hold large endowments, which affects how the reserves-and-revenue figures should be read.
How Indiana Wesleyan University Compares
Indiana Wesleyan University earns a NonprofitTruth efficiency grade of C (64/100). That is 0 points above the Education category average. Compensation for current officers and key employees represents 0.40% of total revenue. The organization holds 34.6 months of operating reserves, indicating strong financial cushion.
990 Financial Snapshot
Based on IRS tax-exempt organization data, Indiana Wesleyan University reported $226.0M in revenue against $213.0M in total functional expenses for filing year 2024, holding roughly 34.6 months of operating reserves. A program-vs-overhead split is not shown here because total program service expenses (Form 990 Part IX, line 25, column B) are not available in the ProPublica Nonprofit Explorer feed this site ingests; that breakdown can be read directly from the organization’s e-filed 990.
The 990 reports $915K in total compensation for current officers, directors, trustees, and key employees (Part IX, line 5) — 0.40% of total revenue. This is an aggregate across all listed officers; per-person amounts appear on Schedule J.
Revenue History
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Indiana Wesleyan University has a NonprofitTruth Efficiency Score of C (64/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.
Indiana Wesleyan University, Donor FAQ
Indiana Wesleyan University has a NonprofitTruth Efficiency Score of C (64/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.
Indiana Wesleyan University reports $915K in total compensation for current officers, directors, trustees, and key employees (IRS Form 990 Part IX, line 5), representing 0.40% of the organization's $226.0M in annual revenue. This is an aggregate figure for all listed officers, not a single executive's salary; per-person pay is detailed on Schedule J of the 990.
Indiana Wesleyan University reported $226.0M in annual revenue and $213.0M in total expenses for filing year 2024. The organization holds $614.6M in total assets.
Indiana Wesleyan University holds approximately 34.6 months of operating reserves (total assets relative to annual expenses) based on its 2024 IRS Form 990, one input into its C efficiency grade.
Indiana Wesleyan University is a registered 501(c) organization with EIN 350885591, based in Marion, Indiana. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.
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Financial data is sourced from IRS Form 990 filings via ProPublica Nonprofit Explorer. The Efficiency Score combines three signals the 990 feed actually reports: financial health / operating reserves (40%), multi-year revenue consistency (35%), and current-officer compensation relative to revenue (25%). It does not include a program-spending ratio, because total program service expenses are not exposed by the ProPublica feed; no program ratio is estimated. Filing data may lag 6-18 months from the tax year.