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Burning Glass Institute

Bala Cynwyd, PA · EIN 87-3337620 · 501(c)(3) · Publicly supported organization (509(a)(2))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Burning Glass Institute reported $10.4 million in revenue and $8.6 million in expenses for calendar year 2024. Of every $100 it spent, $85.46 went to program services, $14.54 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 55.1% of the total. The highest compensation it reported for one person was $480,000 (PRESIDENT). 7 people received more than $100,000 in reportable compensation. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $8.6M

For context, the median across 409 covered employment charities: $88.97 programs, $11.03 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $10M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 409 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
85.5%88.0%
Management & general
Part IX 25(C) ÷ 25(A)
14.5%10.9%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
55.1%22.8%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%1.4%
Program service revenue share
Part VIII 2g ÷ 12
42.0%62.6%
Highest reported compensation
Part VII-A, columns D–F
$480,000$297,435
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
5.61%1.26%
People paid over $100,000
Part VII, line 2
76
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
5.98.1
Independent voting board members
Part VI 1a–1b
2 of 2100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$7.3M expenses · 100.0% of program spending · revenue $4.3M

The charity undertakes discourse-shaping thought leadership on the future of work, and works with educators, policymakers and employers to develop solutions that build mobility, equity, and/or community prosperity

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT
Director/trustee, officer, 60.00 hrs/week
$480,000$0$0$480,000
VP WORKFORCE
Key employee, 45.00 hrs/week
$345,560$0$35,431$380,991
SVP OF ENGAG
Highest compensated employee, 45.00 hrs/week
$345,167$0$34,666$379,833
CHIEF ECONOM
Highest compensated employee, 45.00 hrs/week
$338,541$0$0$338,541
MANAGING DIR
Highest compensated employee, 45.00 hrs/week
$317,984$0$13,854$331,838
VP OF ADMINI
Director/trustee, officer, 45.00 hrs/week
$245,023$0$13,990$259,013
VP RESEARCH
Highest compensated employee, 45.00 hrs/week
$239,188$0$8,334$247,522

7 people received more than $100,000 in reportable compensation from Burning Glass Institute (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.1M (Part IX, line 5).

3 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20M202220232024$10M$8.6M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$10M$8.6M85.5%$4.2M$480,000
2023 ⓘ$7.9M$5.7M86.7%$2.4M$493,200
2022 ⓘ$2.3M$2.3M99.8%−$77,167$400,000

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b2 · 2 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 534

Private foundation grants it received

4 private foundations reported grants to Burning Glass Institute totaling $1.6M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Burning Glass Institute's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Burning Glass Institute, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All employment charities · Largest charities in Pennsylvania

Questions people ask

How much of Burning Glass Institute's spending goes to programs?

In calendar year 2024, Burning Glass Institute reported that 85.5% of its $8.6 million in expenses went to program services, 14.5% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Burning Glass Institute pay its top executive?

The largest total compensation Burning Glass Institute reported for one person in calendar year 2024 was $480,000, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Burning Glass Institute get its money?

Of $10.4 million in revenue in calendar year 2024, 55.1% came from contributions and grants and 42.0% from program service revenue (Form 990, Part VIII).

Is Burning Glass Institute a registered charity?

The IRS lists EIN 87-3337620 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202523219349303407 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202433209349318303 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202313179349301811 · read the filing

All filings for EIN 87-3337620: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.