Bradley University

Analysis

Bradley University is a registered charity in United States, based in Peoria, IL. It received its IRS tax-exemption ruling in August 1951, 75 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, Bradley University reported income of $223.8m and spending of $246.9m, spending 110% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income fell from $229.7m to $223.8m (-2.6%), an average of -0.7% a year. The sharpest change came in the year to May 2021, when income rose by 25%. 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, Bradley 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 IL. Charities of a similar size with the same main cause include Biola University Inc ($223.7m), Trustees of Hamilton College ($223.9m) and Furman University ($223.2m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 8.7% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $3.0m (1.2% of expenses). Other salaries and wages came to $73.2m. At year end it held assets of $706.5m against liabilities of $196.0m, net assets of $510.5m. It reported 3,175 employees.