Baylor University
82% goes to programs $15 to raise $100 Strong reserves
Baylor University is a 501(c)(3) organization based in Waco, Texas, registered in 1991, with $1,558,351,465 in FY2024 revenue. CharityIndex grades it A, and it directs about 82% of spending to programs.
1 Bear Pl Unit 97042, Waco, TX, 76798 EIN 74-1159753 Since 1991
Revenue (FY2024)
$1.6B
▲ 6.6% vs prior year
Education median: $200K
Expenses (FY2024)
$1.5B
Net assets
$3.2B
Employees
11,592
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating82% to programs · $15 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Baylor University: 82% to programs · $15 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating26 mo reserves · +4% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Baylor University: 26 mo reserves · +4% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Baylor University: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Baylor University: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
The mission of baylor university is presented on schedule o. the mission of baylor university is to educate men and women for worldwide leadership and service by integrating academic excellence and christian commitment within a caring community.
What they do
Student services:baylor university's student services and activities contribute to students' spiritual, social and physical well-being. student services and activities include areas such as career guidance, job placement upon graduation, enrollment management, student financial aid, student activities, student organizations, intramurals, health center, beauchamp addiction recovery center, and intercollegiate athletics.
Academic support:baylor university provides academic support services for the primary missions of instruction, as well as research and public service activities. academic support services include areas such as libraries, technology support, museums and services that directly assist instructional activities.
Research, public service and auxiliaries:other program service areas include research activities, public service activities and auxiliary enterprises operated by the university. research activity includes grants and contracts to conduct sponsored research, primarily in five key initiatives: health; data sciences; materials science; human flourishing, leadership, and ethics; and latin america. public service includes activities which primarily benefit individuals and organizations external to the university. auxiliary enterprises are comprised generally of the following items: residence halls, dining services, bookstore, rental properties and vending services.
Contact & location
- Address
- 1 Bear Pl Unit 97042, Waco, TX, 76798
- City
- Waco
- State
- Texas
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $840.0M (FY2013) to $1.6B (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1.1BNet assets $3.2B
Operating margin
3.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$4.4B
Total liabilities
$1.1B
Net assets
$3.2B
Salaries & benefits
$592.0M
39% of expenses
Board members
32
26 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,558,351,465▲6.6% | $1,503,719,409▲6.6% | $3,241,136,213▲2.2% | $4,382,957,446▲4.5% | 990 |
| 2023 | $1,462,497,006▲0.6% | $1,410,436,409▲9.6% | $3,172,075,527▲5.8% | $4,195,534,415▲4.8% | 990 |
| 2022 | $1,454,111,582▲3.8% | $1,287,015,356▲4.2% | $2,999,388,934▲3.0% | $4,003,330,584▲1.9% | 990 |
| 2021 | $1,400,477,758▲3.7% | $1,235,241,810▲0.1% | $2,912,243,465▲10.7% | $3,929,496,595▲12.3% | 990 |
| 2020 | $1,350,314,650▲7.8% | $1,234,508,618▲9.8% | $2,630,727,196▲24.9% | $3,499,365,134▲17.7% | 990 |
| 2019 | $1,252,666,839▲14.9% | $1,124,830,604▲7.0% | $2,106,679,519▲7.2% | $2,973,348,420▲6.0% | 990 |
| 2018 | $1,090,547,431▲7.1% | $1,051,569,096▲6.6% | $1,964,288,195▲1.0% | $2,804,338,187▲0.1% | 990 |
| 2017 | $1,017,828,223▲2.5% | $986,058,417▲2.9% | $1,944,447,179▲5.2% | $2,801,673,372▲2.8% | 990 |
| 2016 | $992,852,666▲3.5% | $958,347,871▲6.0% | $1,848,215,288▲5.5% | $2,726,191,389▲1.7% | 990 |
| 2015 | $959,622,576▲4.7% | $903,730,379▲10.2% | $1,751,917,675▼1.2% | $2,680,879,454▼1.2% | 990 |
| 2014 | $916,581,695▲9.1% | $819,739,749▲7.1% | $1,772,556,357▲3.4% | $2,713,572,734▲5.6% | 990 |
| 2013 | $840,046,127 | $765,637,747▲7.3% | $1,713,920,629▲8.8% | $2,570,694,236▲5.5% | 990 |
| 2012 | — | $713,534,165▲7.8% | $1,574,869,366▲15.0% | $2,435,682,655▲21.6% | 990 |
| 2011 | — | $661,974,576▲5.4% | $1,369,919,882▼0.1% | $2,002,538,220▲7.5% | 990 |
| 2010 | — | $628,121,120▲7.3% | $1,371,961,103▲10.9% | $1,862,358,964▲10.3% | 990 |
| 2009 | — | $585,134,721 | $1,237,165,964 | $1,688,462,932 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Scott Drew — $6,708,797 (0.45% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Scott Drew | Head Men's Basketball Coac | 60 | $6,708,797 |
| Dave Aranda | Football Head Coach | 90 | $4,299,627 |
| Mack Rhoades | Vp & Director of Athletics | 60 | $3,136,773 |
| Linda Livingstone | President | 70 | $2,579,024 |
| Nicki Collen | Head Women's Basketball Co | 80 | $1,388,517 |
| David Morehead | Chief Investment Officer | 60 | $1,249,959 |
| Jacob Spavital | Football Offensive Coordinator | 100 | $999,279 |
| Renee Hanna | Managing Dir of Investments | 40 | $864,068 |
| Nancy Brickhouse | Vice President and Provost | 60 | $698,713 |
| Chris Holmes | General Counsel & Chief Le | 50 | $600,679 |
| Curtis Reynolds | Vp of Business & Finance & | 50 | $519,302 |
| Jason Diffenderfer | Vp For University Advancem | 50 | $514,339 |
| Jason Cook | Vp For Mkt & Comm & Cmo | 55 | $505,488 |
| Gary Carini | Vice Provost | 55 | $413,237 |
| Cheryl Gochis | Vp and Chief Hr Officer | 60 | $386,026 |
| Robyn Driskell | Vp & Chief Compliance Officer | 50 | $368,649 |
| Kevin Jackson | Vice President For Student | 60 | $354,494 |
| Susan Anz | Sr Assoc Vp of Fin & Treas | 55 | $329,637 |
| Lee Nordt | Dean of Arts & Sciences | 40 | $323,793 |
| Toby Barnett | Assoc Vp of Engagement | 50 | $308,537 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Je Dunn Construction Company | Construction Services | $83,836,211 |
| Austin Commercial LP | Construction Services | $43,323,558 |
| Aramark Services Inc | Facility Maintenance | $41,149,104 |
| Tdindustries Inc | Facility Maintenance | $14,768,961 |
| 2u Inc | Online Adademic Program Management | $14,596,787 |
Grants received · $440.2M total
418 grants to Baylor University totaling $440.2M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| National Christian Charitable Foundation | Colleges and universities | 2024 | $3,326,983 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Education | 2024 | $582,000 |
| Save the Children Federation Inc | Multiple program activity | 2024 | $365,111 |
| Signatry Charitable Trust | Education | 2024 | $360,000 |
| Greater Horizons | Education | 2024 | $301,800 |
| American Online Giving Foundation Inc | General support | 2024 | $281,819 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $257,500 |
| Episcopal Health Foundation | Program support | 2024 | $225,000 |
| Ayco Charitable Foundation | Education | 2024 | $211,000 |
| Hispanic Scholarship Fund | To provide scholarships for students | 2024 | $113,893 |
| Raymond James Charitable Endowment Fund | General support | 2024 | $108,000 |
| Communities Foundation of Texas | This grant is designated for general support. | 2024 | $106,405 |
| Charities Aid Foundation America | Charitable donation | 2024 | $79,536 |
| Texas Access To Justice Foundation | — | 2024 | $77,591 |
| The Dallas Foundation | General support | 2024 | $72,838 |
Grants made · $8.6M in FY2024
97 grants totaling $8.6M in FY2024 — showing the 15 largest. All grants made by Baylor University →
| Recipient | Purpose | Amount |
|---|---|---|
| Gallup Inc | Subcontract-research | $2,450,127 |
| President and Fellows of Harvard College | Subcontract-research | $561,109 |
| Waco Entrepreneurial Ecosystem Collaborative Inc | Grant to support non-profit organization activites | $550,000 |
| Utsa | Subcontract-research | $421,589 |
| Center For Open Science | Subcontract-research | $333,284 |
| Texas A&m Sponsored Research Services | Subcontract-research | $321,216 |
| Virginia Tech | Subcontract-research | $293,821 |
| Brazos Valley Public Broadcasting Foundation | Programming and production cost assistance | $159,101 |
| University of Texas At Austin | Subcontract-research | $158,207 |
| Colorado State University | Subcontract-research | $121,120 |
| Wheaton College | Subcontract-research | $120,974 |
| Hampton University | Subcontract-research | $107,003 |
| Georgia Tech Research Corporation | Subcontract-research | $89,236 |
| Texas A&m Sponsored Research Services | Subcontract-research | $84,575 |
| Trustees of Purdue University | Subcontract-research | $82,340 |
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Frequently asked questions
- Is Baylor University a legitimate nonprofit?
- Yes. Baylor University is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 74-1159753, based in Waco, Texas. Donations are tax-deductible.
- What is Baylor University's EIN?
- Baylor University's Employer Identification Number (EIN) is 74-1159753.
- How much revenue does Baylor University report?
- Baylor University reported $1,558,351,465 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Baylor University's spending goes to programs?
- Baylor University spends about 82% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Baylor University have?
- CharityIndex grades Baylor University A, based on program efficiency and fundraising cost.
- How much does Baylor University's highest-paid employee make?
- The highest reported compensation on Baylor University's latest Form 990 is $6,708,797, paid to Scott Drew (Head Men's Basketball Coac).
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Data for Baylor University (EIN 74-1159753) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.