Bju Inc
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
Where the income comes from
- Contributions & grants 7.6%
- Program services 72%
- Other 20%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| St Johns College | Annapolis | $104.8m |
| Centre College of Kentucky | Danville | $105.1m |
| Adrian College | Adrian | $104.8m |
| Democracy Prep New York Charter Schools | Bronx | $105.6m |