Baldwin Wallace University
Baldwin Wallace University reported $164.7 million in revenue and $168.1 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $85.67 went to program services, $12.40 to management and general costs and $1.93 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 78.7% of the total. The highest compensation it reported for one person was $498,710 (President (left 6/24)). 115 people received more than $100,000 in reportable compensation. Revenue rose 8% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $168MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $165MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 85.7% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 12.4% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 1.9% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.23 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 8.5% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 1.5% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 78.7% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $498,710 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.30% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 115 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 21.9 | 13.3 |
| Independent voting board members Part VI 1a–1b | 40 of 41 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseMerit scholarships and need-based financial aid grants to students actively enrolled in the university
Education of 2,770 full-time undergraduate students, 1103 part-time undergraduates, and 445 graduate students, plus certificate programs and faculty scholarly research. Undergraduate degrees offered are the bachelor of arts, bachelor of fine arts, bachelor of science, bachelor of science in education, bachelor of music, bachelor of music education, and bachelor of science in nursing. The graduate programs lead to the degrees of master of accountancy, master of arts in education, master of business administration, master of medical science (physician assistant), master of public health, and…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| President (left 6/24) Former, 40.0 hrs/week | $446,109 | $0 | $52,601 | $498,710 |
| VP for philanthropy (left 1/25) Officer, 40.0 hrs/week | $227,268 | $0 | $37,391 | $264,659 |
| Interim President (6/24-12/24) Director/trustee, officer, 40.0 hrs/week | $199,593 | $0 | $61,913 | $261,506 |
| Interim President (1/25-6/25) / VP OPERATIONS Director/trustee, officer, 40.0 hrs/week | $215,915 | $0 | $36,482 | $252,397 |
| VP for enrollment mngmt Officer, 40.0 hrs/week | $191,401 | $0 | $58,115 | $249,516 |
| Chief financial officer / TREASURER Officer, 40.0 hrs/week | $213,409 | $0 | $24,662 | $238,071 |
| VP for student affairs (left 12/24) Officer, 40.0 hrs/week | $174,907 | $0 | $38,262 | $213,169 |
| Provost (left 9/24) Officer, 40.0 hrs/week | $166,140 | $0 | $37,423 | $203,563 |
115 people received more than $100,000 in reportable compensation from Baldwin Wallace University (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.0M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b41 · 40 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2Yes
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 52,416
- Volunteers Part I, line 6100
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| KPMG LLP Audit | $423,508 |
| NORTH SHORE MECHANICAL Construction | $394,549 |
| ERNST & YOUNG US LLP Consulting | $369,754 |
| FALTHOM SEO LLP Marketing | $209,933 |
Individuals listed as contractors are left out. 11 contractors were paid more than $100,000 in all.
Private foundation grants it received
52 private foundations reported grants to Baldwin Wallace University totaling $3.3M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Baldwin Wallace University's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Baldwin Wallace University, you can publish a response that is linked from this page.
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Of every $100 Baldwin Wallace University spent in FY2025, $85.67 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Whitworth UniversitySpokane, WA · revenue $164M · programs 78.1% · FY2025
- North Carolina State University FoundationRaleigh, NC · revenue $165M · programs 78.4% · FY2025
- Palm Beach Atlantic UniversityWest Palm Beach, FL · revenue $164M · programs 84.7% · FY2025
- Franciscan University of SteubenvilleSteubenville, OH · revenue $165M · programs 88.1% · FY2025
- Wilkes UniversityWilkes Barre, PA · revenue $164M · programs 88.2% · FY2025
Questions people ask
How much of Baldwin Wallace University's spending goes to programs?
In the fiscal year ending June 30, 2025, Baldwin Wallace University reported that 85.7% of its $168.1 million in expenses went to program services, 12.4% to management and general and 1.9% to fundraising (Form 990, Part IX).
How much does Baldwin Wallace University pay its top executive?
The largest total compensation Baldwin Wallace University reported for one person in the fiscal year ending June 30, 2025 was $498,710, for the role of President (left 6/24) (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Baldwin Wallace University get its money?
Of $164.7 million in revenue in the fiscal year ending June 30, 2025, 8.5% came from contributions and grants (including 1.5% from government grants) and 78.7% from program service revenue (Form 990, Part VIII).
Is Baldwin Wallace University a registered charity?
The IRS lists EIN 34-0714629 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202641339349300549 · read the filing
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202511339349308821 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202421369349303662 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202331009349300708 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202211259349302161 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202101339349302740 · read the filing
All filings for EIN 34-0714629: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.