Big Ten Conference Inc

Analysis

Big Ten Conference Inc is a registered charity in United States, based in Rosemont, IL. It received its IRS tax-exemption ruling in September 1937, 89 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Big Ten Conference Inc reported income of $879.9m and spending of $897.4m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $781.5m to $879.9m (+13%), an average of +3.0% a year. The sharpest change came in the year to June 2022, when income rose by 24%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Big Ten Conference Inc 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 IL. Charities of a similar size with the same main cause include Public Health Foundation Inc ($876.0m), Queens University at Kingston Department of Financial Services ($894.4m) and Ssm-Sluh Inc ($855.9m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 96% of the total. Compensation of current officers, directors and key employees was $8.7m (1.0% of expenses). Other salaries and wages came to $8.0m. At year end it held assets of $352.9m against liabilities of $106.0m, net assets of $246.9m. It reported 77 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.