Bentley University

Analysis

Bentley University is a registered charity in United States, based in Waltham, MA. It received its IRS tax-exemption ruling in March 1950, 76 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Bentley University reported income of $347.7m and spending of $333.7m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $319.4m to $347.7m (+8.9%), an average of +2.1% a year. The sharpest change came in the year to June 2022, when income rose by 20%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bentley University sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within MA. Charities of a similar size with the same main cause include University of New Haven ($344.7m), Prisma Health Medical Group-Midlands ($348.0m) and Babson College ($344.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.0% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $4.0m (1.2% of expenses). Other salaries and wages came to $106.4m. It paid $174k in professional fundraising fees. At year end it held assets of $753.0m against liabilities of $203.3m, net assets of $549.8m. It reported 2,730 employees.