Baker University

Analysis

Baker University is a registered charity in United States, based in Baldwin City, KS. It received its IRS tax-exemption ruling in May 1935, 91 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, Baker University reported income of $48.8m and spending of $52.5m, spending 108% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $55.4m to $48.8m (-12%), an average of -4.1% a year. The sharpest change came in the year to June 2023, when income dropped by 18%. 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, Baker 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 99th percentile, and in the 99th percentile within KS. Charities of a similar size with the same main cause include Scope Education Services ($48.8m), Lead Public Schools Inc ($48.9m) and Goshen College Inc ($48.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $456k (0.9% of expenses). Other salaries and wages came to $14.4m. At year end it held assets of $115.1m against liabilities of $27.7m, net assets of $87.4m. It reported 931 employees.