Briar Cliff University

Analysis

Briar Cliff University is a registered charity in United States, based in Sioux City, IA. It received its IRS tax-exemption ruling in March 1946, 80 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, Briar Cliff University reported income of $37.1m and spending of $37.2m, spending 100% of its income. Across the 5 years on record, from May 2019 to May 2023, income fell from $37.5m to $37.1m (-1.0%), an average of -0.3% a year. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Briar Cliff University sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within IA. Charities of a similar size with the same main cause include Westminster Christian School ($37.1m), Christendom Educational Corporation ($37.1m) and Nebraska Student Loan Program Inc ($37.0m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 23% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $721k (1.9% of expenses). Other salaries and wages came to $9.9m. At year end it held assets of $43.2m against liabilities of $15.5m, net assets of $27.6m. It reported 533 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.