Bard College

Analysis

Bard College is a registered charity in United States, based in Annandale, NY. It received its IRS tax-exemption ruling in November 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, Bard College reported income of $304.0m and spending of $360.1m, spending 118% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $273.0m to $304.0m (+11%), an average of +2.7% a year. The sharpest change came in the year to June 2020, when income rose by 36%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bard 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 Kansas University Endowment Assoc ($302.3m), Uplift Education ($304.7m) and Azusa Pacific University ($301.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 35% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $2.4m (0.7% of expenses). Other salaries and wages came to $104.1m. It paid $11k in professional fundraising fees. At year end it held assets of $1.01bn against liabilities of $450.0m, net assets of $555.2m. It reported 4,836 employees.