Butler University

Analysis

Butler University is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in November 1938, 88 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 May 2023, Butler University reported income of $290.6m and spending of $315.8m, spending 109% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income fell from $295.2m to $290.6m (-1.5%), an average of -0.4% a year. The sharpest change came in the year to May 2023, when income dropped by 18%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Butler 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 IN. Charities of a similar size with the same main cause include Teachers College Columbia University ($290.3m), Merrimack College ($291.2m) and Wesleyan University ($289.4m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 7.1% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $1.5m (0.5% of expenses). Other salaries and wages came to $89.9m. At year end it held assets of $746.6m against liabilities of $244.3m, net assets of $502.3m. It reported 3,335 employees.