Brandeis University

Analysis

Brandeis University is a registered charity in United States, based in Waltham, MA. It received its IRS tax-exemption ruling in September 1941, 85 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, Brandeis University reported income of $478.7m and spending of $516.3m, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $499.1m to $478.7m (-4.1%), an average of -1.0% a year. The sharpest change came in the year to June 2022, when income rose by 20%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Brandeis 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 Richmond ($471.3m), Kipp Texas Inc ($484.5m) and University of Kentucky Research Foundation ($463.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.0% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $6.4m (1.2% of expenses). Other salaries and wages came to $183.0m. At year end it held assets of $1.73bn against liabilities of $338.3m, net assets of $1.39bn. It reported 5,395 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.