Bucknell University

Analysis

Bucknell University is a registered charity in United States, based in Lewisburg, PA. It received its IRS tax-exemption ruling in April 1924, 102 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, Bucknell University reported income of $379.0m and spending of $357.0m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $340.9m to $379.0m (+11%), an average of +2.7% a year. The sharpest change came in the year to June 2023, when income rose by 31%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bucknell 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 PA. Charities of a similar size with the same main cause include Kentucky Medical Services Foundation Inc ($373.7m), Trustees of Amherst College ($379.3m) and Stephen Siller Tunnel to Towers Foundation ($373.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.7% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $8.5m (2.4% of expenses). Other salaries and wages came to $109.7m. It paid $199k in professional fundraising fees. At year end it held assets of $1.68bn against liabilities of $290.0m, net assets of $1.39bn. It reported 3,415 employees.