- Exempt under
- 501(c)(3)[1]
- IRS ruling date
- March 1950[2]
- Publication 78 data
- Listed (PC)[3]
- Total revenue, period ending Jun 2025
- $414,000,417[4]
Bentley University is listed in IRS records in Waltham, Massachusetts, as exempt under section 501(c)(3)[5][1]. The IRS master file lists total revenue of $414,000,417 for the tax period ending June 2025[4].
IRS status
The IRS lists Bentley University as exempt under section 501(c)(3), classification: Educational Organization[1]. Its foundation code is 11, described as School 170(b)(1)(A)(ii)[6]. It appears in IRS Publication 78 data with status code PC, described as a public charity with deductibility limitation 50% (60% for cash contributions)[3]. The IRS master file gives a ruling date of March 1950[2].
| Item | IRS record |
|---|---|
| EIN[5] | 04-1081650 |
| Location in IRS records[5] | Waltham, Massachusetts |
| Exempt under[1] | Section 501(c)(3) |
| IRS classification[1] | Educational Organization |
| Ruling date[2] | March 1950 |
| Foundation code[6] | 11: School 170(b)(1)(A)(ii) |
| Deductibility code[7] | 1: Contributions are deductible |
| Publication 78 data[3] | Listed, status PC |
| NTEE code[8] | B500: Education, Graduate, Professional Schools (Separate Entities) |
| Filing requirement[9] | 990 (all other) or 990EZ return |
| Fiscal year ends[10] | June |
| Latest e-filed return[11] | Form 990, tax period ending June 2025 |
| Latest Form 990-N[12] | Tax year 2008 |
Finances as reported to the IRS
On its Form 990 for the tax period ending June 2023, Bentley University reported total revenue of $347,738,231, total expenses of $333,671,536 and net assets of $549,759,000[13]. Revenue included program service revenue of $327,178,000 and contributions, gifts and grants of $10,288,000[14]. Reported total revenue was $292,278,614 on its Form 990 for the tax period ending June 2021[15] and $351,890,044 for the tax period ending June 2022[16]. Total revenue for the tax period ending June 2023[13] was lower than for the tax period ending June 2022[16].
IRS master file, newer period. For the most recent return in the IRS master file, for the tax period ending June 2025, the IRS lists total revenue of $414,000,417 and total assets of $906,626,547.[4]
- Total revenue
- Total expenses
| Tax period ending | Form | Total revenue | Total expenses | Net assets at year end |
|---|---|---|---|---|
| June 2021[15] | Form 990 | $292,278,614 | $286,716,099 | $526,592,000 |
| June 2022[16] | Form 990 | $351,890,044 | $324,385,109 | $525,769,000 |
| June 2023[13] | Form 990 | $347,738,231 | $333,671,536 | $549,759,000 |
Totals as reported on each return. The IRS publishes these extracts one to two years after filing.
Balance sheet, tax period ending June 2023
| Line | Amount |
|---|---|
| Total assets[17] | $753,030,083 |
| Total liabilities[17] | $203,271,083 |
| Net assets or fund balances[17] | $549,759,000 |
Employees. Bentley University reported 2,730 employees on Form W-3 for calendar year ending with or within the tax period ending June 2023 (Form 990, Part V, line 2a).[18]
Compensation over $100,000. On the Form 990 for the tax period ending June 2023, Bentley University reported 334 individuals who received more than $100,000 of reportable compensation from the organization (Part VII, line 2).[19]
Form 990 checklist. In the Form 990 checklist (Part IV) for the tax period ending June 2023, Bentley University answered yes to: it operated a school; it engaged in lobbying activities; it reported professional fundraising services.[20]
Questions people ask
- What is the EIN of Bentley University?
- The IRS master file lists Bentley University with EIN 04-1081650[5].
- Is Bentley University a 501(c)(3) organization?
- Yes, the IRS lists it as exempt under section 501(c)(3), classification: Educational Organization[1]. It also appears in Publication 78 data with status code PC[3].
- Are contributions to Bentley University tax-deductible?
- IRS deductibility code 1 reads: Contributions are deductible[7]. Publication 78 lists it with deductibility limitation 50% (60% for cash contributions)[3].
- Where is Bentley University located?
- The IRS master file lists it in Waltham, Massachusetts[5].
Facts and sources
- The IRS lists Bentley University as exempt under section 501(c)(3) of the Internal Revenue Code, classification: Educational Organization. IRS EO Business Master File
- The ruling date in the IRS master file (the month and year of the IRS letter recognizing the exemption) is March 1950. IRS EO Business Master File
- Bentley University (EIN 04-1081650) appears in the IRS Publication 78 data, the list of organizations eligible to receive tax-deductible charitable contributions, with status code PC (A public charity, deductibility limitation 50% (60% for cash contributions)). IRS Tax Exempt Organization Search data
- For the most recent return in the IRS master file, for the tax period ending June 2025, the IRS lists total revenue of $414,000,417 and total assets of $906,626,547. IRS EO Business Master File
- The IRS Exempt Organizations Business Master File lists Bentley University with employer identification number (EIN) 04-1081650, located in Waltham, Massachusetts. IRS EO Business Master File
- IRS foundation code 11 for Bentley University: School 170(b)(1)(A)(ii). IRS EO Business Master File
- IRS deductibility code 1 for Bentley University: Contributions are deductible. IRS EO Business Master File
- The IRS master file assigns Bentley University the National Taxonomy of Exempt Entities (NTEE) code B500: Education, Graduate, Professional Schools (Separate Entities). IRS EO Business Master File
- IRS filing requirement code 01 for Bentley University: 990 (all other) or 990EZ return. IRS EO Business Master File
- Bentley University's accounting period (fiscal year) ends in June, according to the IRS master file. IRS EO Business Master File
- The IRS Form 990 series e-file data released in 2026 includes a Form 990 from Bentley University for the tax period ending June 2025. IRS Form 990 e-file data
- The latest Form 990-N (e-Postcard) in IRS data for EIN 04-1081650 is for tax year 2008. IRS Tax Exempt Organization Search data
- On its Form 990 for the tax period ending June 2023, Bentley University reported total revenue $347,738,231, total expenses $333,671,536, net assets or fund balances at year end $549,759,000. IRS SOI Form 990 extracts
- Revenue lines on the Form 990 for the tax period ending June 2023: contributions, gifts and grants $10,288,000 (Part VIII, line 1h); program service revenue $327,178,000 (Part VIII, line 2g); investment income $6,116,618 (Part VIII, line 3); total revenue $347,738,231 (Part VIII, line 12). IRS SOI Form 990 extracts
- On its Form 990 for the tax period ending June 2021, Bentley University reported total revenue $292,278,614, total expenses $286,716,099, net assets or fund balances at year end $526,592,000. IRS SOI Form 990 extracts
- On its Form 990 for the tax period ending June 2022, Bentley University reported total revenue $351,890,044, total expenses $324,385,109, net assets or fund balances at year end $525,769,000. IRS SOI Form 990 extracts
- Balance sheet at the end of the tax period ending June 2023 (Form 990, Part X): total assets $753,030,083, total liabilities $203,271,083, net assets or fund balances $549,759,000. IRS SOI Form 990 extracts
- Bentley University reported 2,730 employees on Form W-3 for calendar year ending with or within the tax period ending June 2023 (Form 990, Part V, line 2a). IRS SOI Form 990 extracts
- On the Form 990 for the tax period ending June 2023, Bentley University reported 334 individuals who received more than $100,000 of reportable compensation from the organization (Part VII, line 2). IRS SOI Form 990 extracts
- In the Form 990 checklist (Part IV) for the tax period ending June 2023, Bentley University answered yes to: it operated a school; it engaged in lobbying activities; it reported professional fundraising services. IRS SOI Form 990 extracts