Batten University

Analysis

Batten University is a registered charity in United States, based in Virginia BCH, VA. It received its IRS tax-exemption ruling in October 1964, 62 years ago. 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, Batten University reported income of $74.3m and spending of $67.6m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $65.5m to $74.3m (+13%), an average of +3.2% a year. The sharpest change came in the year to June 2021, when income rose by 87%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Batten 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 VA. Charities of a similar size with the same main cause include Adventist Health Partners Inc ($74.3m), Family Resource & Referral Center of San Joaquin ($74.4m) and Healthsource of Ohio Inc ($74.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 33% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $1.4m (2.0% of expenses). Other salaries and wages came to $14.8m. At year end it held assets of $227.1m against liabilities of $35.6m, net assets of $191.4m. It reported 653 employees.