Bennett College is a 501(c)(3) organization based in Greensboro, North Carolina, registered in 1977, with $16,569,468 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$16.6M
▼ 1.6% vs prior year
Education median: $200K
Expenses (FY2023)
$16.0M
Net assets
$37.5M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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. Not scored for Bennett College— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Bennett College: 28 mo reserves · +4% margin earns a A on this criterion. See the exact thresholds →
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. Not scored for Bennett College— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Bennett College: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $18.8M (FY2013) to $16.6M (FY2023) across 11 reported years.
Financial snapshot
Operating margin
3.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$45.5M
Total liabilities
$8.0M
Net assets
$37.5M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $16,569,468▼1.6% | $15,984,786▼1.2% | $37,454,038▲4.8% | $45,502,241▲5.9% | 990 |
| 2022 | $16,836,615▼14.7% | $16,186,107▼3.0% | $35,723,343▲0.5% | $42,982,121▼1.6% | 990 |
| 2021 | $19,731,439▼51.1% | $16,688,976▲6.0% | $35,545,077▲1.7% | $43,688,043▼3.3% | 990 |
| 2020 | $40,377,386▲163% | $15,751,196▼16.3% | $34,960,623▲120% | $45,162,174▼12.1% | 990 |
| 2019 | $15,339,187▼42.8% | $18,821,637▼13.5% | $15,887,324▼18.0% | $51,386,635▼5.8% | 990 |
| 2018 | $26,806,803▲46.0% | $21,747,839▲17.1% | $19,369,774▲35.8% | $54,526,958▲6.9% | 990 |
| 2017 | $18,360,983▲10.6% | $18,578,973▲5.7% | $14,264,956▲0.1% | $50,983,822▲2.1% | 990 |
| 2016 | $16,601,565▼9.9% | $17,579,266▼10.0% | $14,249,286▼1.5% | $49,945,898▼1.7% | 990 |
| 2015 | $18,425,504▼0.9% | $19,542,006▼1.5% | $14,466,122▼12.5% | $50,804,214▼3.0% | 990 |
| 2014 | $18,592,423▼1.0% | $19,840,649▼4.4% | $16,535,781▼8.5% | $52,399,719▲0.9% | 990 |
| 2013 | $18,777,832 | $20,743,946▼7.6% | $18,062,258▼2.0% | $51,927,649▼1.9% | 990 |
| 2012 | — | $22,459,349▼2.6% | $18,433,683▼13.8% | $52,912,399▼6.4% | 990 |
| 2011 | — | $23,047,462▲6.2% | $21,375,579▼6.1% | $56,552,698▼1.3% | 990 |
| 2010 | — | $21,700,159▼21.1% | $22,770,745▲9.9% | $57,313,678▲22.3% | 990 |
| 2009 | — | $27,491,287 | $20,723,354 | $46,863,908 | 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.
58 grants to Bennett College totaling $11.5M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| United Negro College Fund Inc | Grants & scholarships, area office joint campaign | 2024 | $984,155 |
| Strada Education Foundation Inc | Operating grant | 2024 | $110,177 |
| Howard Hughes Medical Institute | Support bennett college in offering the sea-phages project | 2024 | $20,000 |
| American Online Giving Foundation Inc | General support | 2024 | $11,439 |
| High Point University | General support | 2024 | $10,000 |
| United Negro College Fund Inc | Grants & scholarships, area office joint campaign | 2023 | $823,129 |
| Strada Education Foundation Inc | Operating grant | 2023 | $135,400 |
| Foundation For the Carolinas | Charitable gift | 2023 | $100,000 |
| World Learning Inc | Participant exchanges | 2023 | $26,956 |
| Donor Advised Charitable Giving | Education | 2023 | $25,076 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $22,800 |
| American Online Giving Foundation Inc | General support | 2023 | $20,444 |
| Student Freedom Initiative Inc | Helps program | 2023 | $19,000 |
| Duke University Health System Inc | Community support | 2023 | $9,525 |
| United Negro College Fund Inc | Grants & scholarships, area office joint campaign | 2022 | $784,725 |
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Data for Bennett College (EIN 56-0532296) 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.