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Bju Inc

RegisteredEIN 57-1088101Greenville, SCEducation and training
Income$104.9m2023-05
Spending$107.1msame year
Spent / received99%5-year average
Size in its cause99th pctEducation and training
Exempt since2003School
Employees2,268latest return

Analysis

Bju Inc is a registered charity in United States, based in Greenville, SC. It received its IRS tax-exemption ruling in February 2003, 23 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 May 2023, Bju Inc reported income of $104.9m and spending of $107.1m, spending 102% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $88.3m to $104.9m (+19%), an average of +4.4% a year. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bju Inc 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 SC. Charities of a similar size with the same main cause include St Johns College ($104.8m), Centre College of Kentucky ($105.1m) and Adrian College ($104.8m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 7.6% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $1.0m (1.0% of expenses). Other salaries and wages came to $35.3m. At year end it held assets of $106.5m against liabilities of $27.3m, net assets of $79.1m. It reported 2,268 employees.

Income and spending

$0$27.0m$53.9m$80.9m$107.8m2019 Income: $88,291,3262019 Spending: $89,113,50620192020 Income: $90,801,4552020 Spending: $89,427,70120202021 Income: $98,172,3352021 Spending: $95,023,15020212022 Income: $107,816,3682022 Spending: $104,414,09720222023 Income: $104,924,4832023 Spending: $107,126,7962023
IncomeSpending

Where the income comes from

  • Contributions & grants 7.6%
  • Program services 72%
  • Other 20%

Similar-sized charities, same cause

CharityLocationIncome
St Johns CollegeAnnapolis$104.8m
Centre College of KentuckyDanville$105.1m
Adrian CollegeAdrian$104.8m
Democracy Prep New York Charter SchoolsBronx$105.6m