Blackburn University

Analysis

Blackburn University is a registered charity in United States, based in Carlinville, IL. It received its IRS tax-exemption ruling in November 1944, 82 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, Blackburn University reported income of $17.8m and spending of $20.5m, spending 115% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $18.2m to $17.8m (-1.9%), an average of -0.5% a year. The sharpest change came in the year to June 2023, when income dropped by 27%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Blackburn University sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within IL. Charities of a similar size with the same main cause include Metro Schools ($17.8m), Global Entrepreneurship Network Inc ($17.8m) and Empower College Prep ($17.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 28% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $1.2m (5.7% of expenses). Other salaries and wages came to $7.6m. At year end it held assets of $78.4m against liabilities of $12.3m, net assets of $66.1m. It reported 454 employees.