Wesley College Inc

Organization Overview

Wesley College Inc is located in Dover, DE. The organization was established in 1957. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 06/2021, Wesley College Inc employed 543 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wesley College Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, Wesley College Inc generated $24.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (11.7%) each year. All expenses for the organization totaled $39.0m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (4.4%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO BE AMONG THE FINEST STUDENT-CENTERED LEARNING COMMUNITIES IN THE LIBERAL ARTS TRADITION

Describe the Organization's Program Activity:

Part 3 - Line 4a

WESLEY COLLEGE IS A UNITED METHODIST INSTITUTION OF HIGHER EDUCATION THAT SEEKS TO BE AMONG THE FINEST STUDENT-CENTERED LEARNING COMMUNITIES IN THE LIBERAL ARTS TRADITION. CONSISTENT WITH OUR METHODIST HERITAGE, THE COLLEGE AFFIRMS MEANING AND PURPOSE IN LIFE THROUGH JUSTICE, COMPASSION, INCLUSION AND SOCIAL RESPONSIBILITIES THAT ENHANCE COMMUNITY LIFE AND RESPECT FOR THE ENVIRONMENT. WESLEY COLLEGE EXISTS TO LIBERATE AND EMPOWER ITS STUDENTS WITH THE KNOWLEDGE, SKILLS, ETHICAL ATTITUDE AND CAPACITY FOR CRITICAL THINKING NEEDED TO ACHIEVE PERSONAL AND PROFESSIONAL GOALS AND TO CONTRIBUTE TO THE LOCAL AND GLOBAL SOCIETY.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Outside Vendors & Contractors

Vendor Name (Service)Compensation
National Management Resources Corp
Facilities Maintenance
$1,973,219
Ellucian Company Lp
It Services
$1,616,214
Aramark Dining Services
Dining Services
$1,854,873
C & N Services Llc
Repairs, Maintenance Capital Projects
$1,052,979
Delmarva Campus Housing
Facilities Maintenance
$1,635,785
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $838,286
All other contributions, gifts, grants, and similar amounts not included above$740,605
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,578,891
Total Program Service Revenue$24,468,526
Investment income $36,701
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$1,965,792
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $24,133,723

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Wesley College Inc has recieved totaling $300.

Awarding OrganizationAmount
Andrew And Carol Parsons Family Foundation

Fisher Island, FL

PURPOSE: EDUCATION

$300
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$3,157,250
Earnings$518,578
Admin Expense$15,377
Other Expense$1,385,000
Ending Balance$2,275,451

Peer Organizations

Organization NameAssets
Goucher College
Baltimore, MD
$93,748,228
Lebanon Valley College
Annville, PA
$104,612,783
Seton Hill University
Greensburg, PA
$99,847,300
Juniata College
Huntingdon, PA
$100,031,718
Washington And Jefferson College
Washington, PA
$82,152,318
Elizabethtown College
Elizabethtown, PA
$88,467,618
Saint Vincent College
Latrobe, PA
$111,303,783
Chatham University
Pittsburgh, PA
$86,845,252
Board Of Trustees Of Essex County College
Newark, NJ
$106,959,657
Washington College
Chestertown, MD
$93,610,957
Grove City College
Grove City, PA
$83,257,741
Lycoming College
Williamsport, PA
$68,926,133

Create an account to unlock the data you need.

or