Big Ten Academic Alliance

Analysis

Big Ten Academic Alliance is a registered charity in United States, based in Champaign, IL. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Big Ten Academic Alliance reported income of $12.5m and spending of $12.8m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.1m to $12.5m (+54%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 34%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Big Ten Academic Alliance sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within IL. Charities of a similar size with the same main cause include Paine College ($12.5m), Green Woods Charter School ($12.5m) and Treasure Coast Classical Academy Inc ($12.4m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $246k (1.9% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $13.5m against liabilities of $4.7m, net assets of $8.8m. It reported 25 employees.