Benedictine College

Analysis

Benedictine College is a registered charity in United States, based in Atchison, KS. 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 June 2023, Benedictine College reported income of $111.3m and spending of $101.8m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $84.1m to $111.3m (+32%), an average of +7.3% a year. The sharpest change came in the year to June 2022, when income rose by 36%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Benedictine College 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 100th percentile within KS. Charities of a similar size with the same main cause include Cal Poly Corporation ($111.2m), Lebanon Valley College ($111.5m) and University of Wyoming Foundation ($110.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $937k (0.9% of expenses). Other salaries and wages came to $20.9m. It paid $201k in professional fundraising fees. At year end it held assets of $207.3m against liabilities of $68.3m, net assets of $138.9m. It reported 1,388 employees.