American University of Beirut

Analysis

American University of Beirut is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 1947, 79 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, American University of Beirut reported income of $573.5m and spending of $628.2m, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $690.7m to $573.5m (-17%), an average of -4.5% a year. The sharpest change came in the year to June 2023, when income rose by 29%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, American University of Beirut 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 University of California Berkeley Foundation ($551.2m), University of San Francisco ($575.5m) and Harmony Public Schools ($548.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 10% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $4.0m (0.6% of expenses). Other salaries and wages came to $267.6m. At year end it held assets of $1.59bn against liabilities of $301.1m, net assets of $1.29bn. It reported 343 employees.