Wgu Corporation: $682.1M Revenue, $693.1M Expenses
Salt Lake Cty, Utah · EIN 841383926 · Filing year 2023
Wgu Corporation reported $682.1M in total revenue, $693.1M in total expenses, and $687.0M in total assets on its 2023 IRS Form 990. Total compensation for current officers and key employees was $4.4M (0.64% of revenue). NonprofitTruth efficiency grade: B (73/100).
Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.
Key Facts (2023 Form 990)
- Total Revenue
- $682.1M
- Total Expenses
- $693.1M
- Total Assets
- $687.0M
- Reserve Months
- 11.9 months
- Surplus / (Deficit)
- $-11,006,803
- EIN
- 841383926
- Latest 990 Year
- 2023
- Current-Officer Compensation
- $4.4M
- Officer Comp % of Revenue
- 0.64%
The efficiency rubric puts Wgu Corporation at a B grade: a composite of 73/100 that lands above the national midpoint. The grade reflects solid financial reserves alongside reasonable officer compensation and steady revenue.
Annual revenue at Wgu Corporation runs $682.1M (2023), placing it among the larger U.S. nonprofits in the IRS Form 990 dataset. Financial health is a strength: Wgu Corporation carries a healthy operating-reserve cushion against $693.1M in annual expenses, the kind of balance-sheet stability that helps an organization weather funding gaps without cutting programs.
Five-year revenue trend is mildly negative: a modest decline that could reflect grant-cycle timing, donor turnover, or program wind-down. Worth checking against the program-spending pattern to see whether the decline is structural. Officer compensation is modest relative to organizational size: Wgu Corporation reports $4.4M in total compensation for current officers and key employees (Form 990 Part IX, line 5) against $682.1M in revenue. The ratio is well within the bands third-party charity raters consider reasonable at this scale. In the Education category, Wgu Corporation 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 Wgu Corporation Compares
Wgu Corporation earns a NonprofitTruth efficiency grade of B (73/100). That is 9 points above the Education category average. Compensation for current officers and key employees represents 0.64% of total revenue. The organization holds 11.9 months of operating reserves, indicating strong financial cushion.
990 Financial Snapshot
Based on IRS tax-exempt organization data, Wgu Corporation reported $682.1M in revenue against $693.1M in total functional expenses for filing year 2023, holding roughly 11.9 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 $4.4M in total compensation for current officers, directors, trustees, and key employees (Part IX, line 5) — 0.64% of total revenue. This is an aggregate across all listed officers; per-person amounts appear on Schedule J.
Revenue History
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Wgu Corporation has a NonprofitTruth Efficiency Score of B (73/100), 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.
Wgu Corporation, Donor FAQ
Wgu Corporation has a NonprofitTruth Efficiency Score of B (73/100), 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.
Wgu Corporation reports $4.4M in total compensation for current officers, directors, trustees, and key employees (IRS Form 990 Part IX, line 5), representing 0.64% of the organization's $682.1M 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.
Wgu Corporation reported $682.1M in annual revenue and $693.1M in total expenses for filing year 2023. The organization holds $687.0M in total assets.
Wgu Corporation holds approximately 11.9 months of operating reserves (total assets relative to annual expenses) based on its 2023 IRS Form 990, one input into its B efficiency grade.
Wgu Corporation is a registered 501(c) organization with EIN 841383926, based in Salt Lake Cty, Utah. 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.