Belhaven University

Analysis

Belhaven University is a registered charity in United States, based in Jackson, MS. It received its IRS tax-exemption ruling in July 1945, 81 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, Belhaven University reported income of $62.0m and spending of $61.5m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $62.0m to $62.0m (-0.1%), an average of +-0.0% a year. The sharpest change came in the year to June 2021, when income rose by 33%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Belhaven University sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within MS. Charities of a similar size with the same main cause include Guilford College ($61.9m), Mitchell Hamline School of Law ($62.0m) and Illinois Wesleyan University ($61.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $2.1m (3.5% of expenses). Other salaries and wages came to $19.3m. At year end it held assets of $85.6m against liabilities of $21.6m, net assets of $64.0m. It reported 994 employees.