Bellevue University

Analysis

Bellevue University is a registered charity in United States, based in Bellevue, NE. It received its IRS tax-exemption ruling in February 1966, 60 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, Bellevue University reported income of $145.5m and spending of $133.0m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $96.0m to $145.5m (+52%), an average of +11% a year. The sharpest change came in the year to June 2020, when income rose by 23%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bellevue University sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NE. Charities of a similar size with the same main cause include Art Center College of Design ($145.0m), Dallas Baptist University ($145.7m) and American Leadership Academy Inc ($144.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.1% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $2.8m (2.1% of expenses). Other salaries and wages came to $54.0m. At year end it held assets of $273.0m against liabilities of $65.1m, net assets of $207.9m. It reported 1,482 employees.