Brock University
Analysis
Brock University is a registered charity in United States, based in Canada. It received its IRS tax-exemption ruling in June 1983, 43 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).
In the financial year ending April 2023, Brock University reported income of $286.9m and spending of $289.5m, spending 101% of its income. Across the 5 years on record, from April 2019 to April 2023, income grew from $271.2m to $286.9m (+5.8%), an average of +1.4% a year. Over the whole period it spent 97% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Brock University 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. Charities of a similar size with the same main cause include Trustees of Mount Holyoke College ($283.9m), President & Trustees of Colby College ($287.5m) and Alliance College-Ready Public Schools ($283.3m).
On its Form 990 for the period ending April 2023, revenue came from contributions and grants 30% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $1.6m (0.6% of expenses). Other salaries and wages came to $147.0m. At year end it held assets of $619.2m against liabilities of $424.5m, net assets of $194.7m. It reported 5,954 employees.
Income and spending
Where the income comes from
- Contributions & grants 30%
- Program services 53%
- Other 17%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Trustees of Mount Holyoke College | South Hadley | $283.9m |
| President & Trustees of Colby College | Waterville | $287.5m |
| Alliance College-Ready Public Schools | Los Angeles | $283.3m |
| Wesleyan University | Middletown | $289.4m |