Bluefield Univerity

Analysis

Bluefield Univerity is a registered charity in United States, based in Bluefield, VA. It received its IRS tax-exemption ruling in September 1930, 96 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, Bluefield Univerity reported income of $25.9m and spending of $27.1m, spending 105% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $28.4m to $25.9m (-8.9%), an average of -3.1% a year. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bluefield Univerity sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within VA. Charities of a similar size with the same main cause include Hoyleton Youth and Family Services ($25.8m), Minnehaha Academy ($25.9m) and Independent Colleges of Indiana Inc ($25.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $615k (2.3% of expenses). Other salaries and wages came to $7.6m. At year end it held assets of $33.0m against liabilities of $15.8m, net assets of $17.1m. It reported 393 employees.