Trustees of Boston University
Trustees of Boston University
Boston, MA, US
•
501(c)(3)
•
EIN
04-2103547
•
School
Trustees of Boston University
Boston, MA, US
•
501(c)(3)
•
EIN
04-2103547
•
School
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2024
$3,257,563,350
Program Services
74%
Government Grants
14%
Contributions
8%
Investments
3%
Other
2%
Fundraising Events
<1%
Membership Dues
0%
Expenses in 2024
$3,195,959,811
Salaries & Benefits
48%
Grants
27%
Offices, Occupancy & IT
11%
Fees to Service Providers
5%
Depreciation
5%
Other
4%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$406,423,821
$259,745,195
-36%
Government Grants
$431,418,964
$448,716,865
+4%
Fundraising Events
$806,032
$726,103
-10%
Program Services
$2,315,011,757
$2,399,893,218
+4%
Membership Dues
$0
$0
-
Investments
$59,108,131
$86,922,158
+47%
Other
$98,140,351
$61,559,811
-37%
Total Revenues
$3,310,909,056
$3,257,563,350
-2%
Expenses
2023
2024
Change
Grants
$821,349,638
$858,377,304
+5%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,421,601,400
$1,524,620,192
+7%
Fees to Service Providers
$159,572,195
$169,869,426
+6%
Advertising & Promotion
$15,697,415
$15,321,049
-2%
Offices, Occupancy & IT
$323,482,017
$347,293,974
+7%
Interest
$0
$0
-
Depreciation
$154,519,050
$157,983,296
+2%
Other
$110,219,182
$122,494,570
+11%
Total Expenses
$3,006,440,897
$3,195,959,811
+6%
Net income
2023
2024
Change
Net income
+$304,468,159
+$61,603,539
-80%
Functional Expenses
Summary
2023
2024
Change
Program
$2,732,433,551
$2,903,552,048
+6%
Admin
$235,527,990
$251,755,620
+7%
Fundraising
$38,479,356
$40,652,143
+6%
Total Expenses
$3,006,440,897
$3,195,959,811
+6%
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