Barnard College

Analysis

Barnard College is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 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, Barnard College reported income of $313.7m and spending of $313.3m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $236.0m to $313.7m (+33%), an average of +7.4% a year. The sharpest change came in the year to June 2022, when income rose by 37%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Barnard College 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 NY. Charities of a similar size with the same main cause include Hansjorg Wyss Institute for Biologically Inspired Engineering ($310.9m), Adelphi University ($317.6m) and Trustees of the College of the Holy Cross ($308.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $5.7m (1.8% of expenses). Other salaries and wages came to $109.8m. It paid $180k in professional fundraising fees. At year end it held assets of $1.00bn against liabilities of $312.3m, net assets of $689.9m. It reported 3,203 employees.