Bryant University

Analysis

Bryant University is a registered charity in United States, based in Smithfield, RI. It received its IRS tax-exemption ruling in October 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, Bryant University reported income of $255.9m and spending of $242.6m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $235.7m to $255.9m (+8.6%), an average of +2.1% a year. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bryant 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 RI. Charities of a similar size with the same main cause include Inter American University of Puerto Rico ($255.5m), University of Scranton ($257.5m) and Edward Via Virginia College of Osteopathic Medicine ($254.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.9% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $4.7m (1.9% of expenses). Other salaries and wages came to $62.5m. It paid $167k in professional fundraising fees. At year end it held assets of $637.5m against liabilities of $218.4m, net assets of $419.0m. It reported 1,950 employees.