WGU CORPORATION
4001 S 700 E STE 700, SALT LAKE CTY, UT · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $345,446,693 | $360,918,269 | $388,416,131 |
| FY2024 | $264,706,475 | $272,803,792 | $349,874,531 |
| FY2023 | $682,133,952 | $693,140,755 | $315,259,160 |
| FY2022 | $1,108,132,860 | $1,061,166,683 | $321,653,819 |
| FY2021 | $1,020,118,520 | $994,721,354 | $313,125,362 |
| FY2020 | $922,496,445 | $882,462,909 | $250,277,052 |
| FY2019 | $855,832,070 | $793,657,562 | $216,196,236 |
| FY2018 | $669,310,331 | $649,596,401 | $155,118,425 |
| FY2017 | $540,303,930 | $527,266,454 | $135,979,841 |
| FY2016 | $451,839,475 | $433,286,822 | $119,791,677 |
| FY2015 | $381,059,479 | $355,283,536 | $102,169,523 |
| FY2014 | $304,448,258 | $285,853,912 | $80,527,724 |
| FY2013 | $255,307,209 | $240,459,299 | $55,785,361 |
| FY2012 | $200,366,683 | $195,444,648 | $38,919,916 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $3,790,949 | 1% |
| Program service revenue | $299,389,323 | 99% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $288,793,611 | 80% |
| Management & general | $68,338,914 | 19% |
| Fundraising | $3,785,744 | 1% |
What the numbers show
- Program service revenue made up 99% of total revenue in FY2025.
- Program services accounted for 80% of functional expenses, management & general 19%, and fundraising 1%.
- 80% of functional expenses went to program services in FY2025. That is higher than 30.8% of 39 Education organizations in UT.
- Net assets covered about 12.9 months of expenses at the end of the reporting year. That puts it in the 61st percentile among 414 Education organizations in UT.
- Total revenue was higher than 99.8% of 427 Education organizations in UT.
- Total revenue rose from $200,366,683 in FY2012 to $345,446,693 in FY2025, Revenue increased in 11 and decreased in 2 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 3 of 14 reported years (FY2023, FY2024, FY2025).
- The highest revenue on record here is $1,108,132,860 in FY2022.
- Net assets grew from $38,919,916 to $388,416,131 between FY2012 and FY2025.
- Donations are generally tax-deductible (supporting organization).
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 SUPPORT WGU INSTITUTIONS OF HIGHER LEARNING.
IRS status
| Ruling year | 2023 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | B43 — Education |
| Donations | Donations are generally tax-deductible (supporting organization). |
Similar organizations
- CHALLENGER SCHOOL FOUNDATION — SANDY, UT · $209,931,404
- WESTERN GOVERNORS UNIVERSITY — SALT LAKE CTY, UT · $1,684,644,684
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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