WESTERN MICHIGAN UNIVERSITY HOMER STRYKER M D SCHOOL OF MEDICINE
1000 OAKLAND DR, KALAMAZOO, MI · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $133,629,473 | $130,436,181 | $377,557,174 |
| FY2024 | $125,600,867 | $129,775,505 | $353,366,185 |
| FY2023 | $122,159,774 | $121,503,732 | $346,733,227 |
| FY2022 | $121,142,724 | $110,333,094 | $337,387,602 |
| FY2021 | $396,749,999 | $110,280,831 | $333,483,738 |
| FY2020 | $102,463,438 | $105,364,246 | $44,888,396 |
| FY2019 | $101,299,130 | $103,149,475 | $48,114,845 |
| FY2018 | $106,049,944 | $98,271,276 | $48,558,742 |
| FY2017 | $92,377,585 | $91,708,521 | $40,648,636 |
| FY2016 | $90,423,789 | $76,930,519 | $39,386,790 |
| FY2015 | $69,001,020 | $67,683,986 | $26,091,287 |
| FY2014 | $75,291,466 | $56,604,250 | $24,813,091 |
| FY2013 | $51,394,291 | $51,364,589 | $6,125,875 |
| FY2012 | $0 | $0 | $6,096,173 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $75,166,656 | 58% |
| Program service revenue | $55,485,099 | 42% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $109,511,408 | 84% |
| Management & general | $20,905,818 | 16% |
| Fundraising | $18,955 | 0% |
What the numbers show
- Contributions & grants made up 58% of total revenue in FY2025.
- Program services accounted for 84% of functional expenses, management & general 16%, and fundraising 0%.
- 84% of functional expenses went to program services in FY2025. That is higher than 55.6% of 63 Education organizations in MI.
- Net assets covered about 34.7 months of expenses at the end of the reporting year. That puts it in the 66th percentile among 1364 Education organizations in MI.
- Total revenue was higher than 99.8% of 1395 Education organizations in MI.
- Total revenue rose from $0 in FY2012 to $133,629,473 in FY2025, Revenue increased in 10 and decreased in 3 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 3 of 14 reported years (FY2019, FY2020, FY2024).
- The highest revenue on record here is $396,749,999 in FY2021.
- Net assets grew from $6,096,173 to $377,557,174 between FY2012 and FY2025.
- Donations are generally tax-deductible (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
TO OWN AND OPERATE AN INSTITUTION OF HIGHER LEARNING.
IRS status
| Ruling year | 2012 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | B50 — Education |
| Donations | Donations are generally tax-deductible (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded September 20, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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