Barry University Inc

Analysis

Barry University Inc is a registered charity in United States, based in Miami Shores, FL. 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, Barry University Inc reported income of $195.0m and spending of $204.1m, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $192.7m to $195.0m (+1.2%), an average of +0.3% 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, Barry University Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within FL. Charities of a similar size with the same main cause include Spelman College ($194.4m), Endicott College ($195.9m) and Wentworth Institute of Technology ($193.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.6% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $3.5m (1.7% of expenses). Other salaries and wages came to $68.2m. At year end it held assets of $214.7m against liabilities of $85.0m, net assets of $129.7m. It reported 2,463 employees.