Benefits Data Trust

Analysis

Benefits Data Trust is a registered charity in United States, based in Allentown, PA. It received its IRS tax-exemption ruling in December 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Benefits Data Trust reported income of $28.5m and spending of $37.2m, spending 130% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $25.3m to $28.5m (+13%), an average of +3.0% a year. The sharpest change came in the year to December 2022, when income rose by 63%. 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, Benefits Data Trust sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within PA. Charities of a similar size with the same main cause include Paterson Arts and Science Charter School ($28.5m), The Tower Foundation of San Jose State University ($28.5m) and Roland Park Country School Inc ($28.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $2.1m (5.8% of expenses). Other salaries and wages came to $20.2m. At year end it held assets of $32.9m against liabilities of $9.4m, net assets of $23.5m. It reported 374 employees.