University of Mary Hardin-Baylor

Analysis

University of Mary Hardin-Baylor is a registered charity in United States, based in Belton, TX. It received its IRS tax-exemption ruling in December 1964, 62 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, University of Mary Hardin-Baylor reported income of $132.6m and spending of $121.3m, spending 91% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $130.6m to $132.6m (+1.6%), an average of +0.4% a year. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University of Mary Hardin-Baylor 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 TX. Charities of a similar size with the same main cause include College of the Ozarks ($132.5m), Cooperative Educational Service Agency 6 ($132.7m) and Kipp Bay Area Schools ($132.1m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 4.9% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $2.8m (2.3% of expenses). Other salaries and wages came to $37.0m. At year end it held assets of $389.5m against liabilities of $51.1m, net assets of $338.5m. It reported 1,654 employees.