BRAZOS EDUCATION LOAN AUTHORITY INC
5609 CROSSLAKE PKWY, WACO, TX · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $62,053,242 | $51,195,636 | $237,059,839 |
| FY2024 | $88,224,410 | $73,869,660 | $233,202,233 |
| FY2023 | $80,022,743 | $68,132,128 | $230,676,871 |
| FY2022 | $48,416,543 | $38,501,714 | $272,258,042 |
| FY2021 | $48,404,899 | $45,049,059 | $299,630,082 |
| FY2020 | $70,060,804 | $69,520,585 | $296,274,242 |
| FY2019 | $91,653,461 | $88,304,830 | $295,732,431 |
| FY2018 | $86,050,416 | $77,771,278 | $292,371,800 |
| FY2017 | $83,129,641 | $71,635,834 | $284,092,662 |
| FY2016 | $87,465,746 | $68,058,143 | $272,598,855 |
| FY2015 | $40,950,985 | $30,337,368 | $253,191,251 |
| FY2014 | $4,386,211 | $2,805,698 | -$183,342 |
| FY2013 | $3,665,116 | $2,383,400 | -$1,763,855 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $0 | 0% |
| Program service revenue | $60,478,353 | 100% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $51,195,636 | 100% |
| Management & general | $0 | 0% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 100% of total revenue in FY2025.
- Program services accounted for 100% of functional expenses, management & general 0%, and fundraising 0%.
- 100% of functional expenses went to program services in FY2025. That is higher than 98.7% of 236 Education organizations in TX.
- Net assets covered about 55.6 months of expenses at the end of the reporting year. That puts it in the 78th percentile among 4184 Education organizations in TX.
- Total revenue was higher than 98.9% of 4318 Education organizations in TX.
- Total revenue rose from $3,665,116 in FY2013 to $62,053,242 in FY2025, Revenue increased in 8 and decreased in 4 of 12 year-over-year comparisons.
- Revenue covered expenses in each of the 13 reported years, FY2013 to FY2025.
- The highest revenue on record here is $91,653,461 in FY2019.
- Net assets grew from -$1,763,855 to $237,059,839 between FY2013 and FY2025.
- Donations are generally tax-deductible (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
BRAZOS EDUCATION LOAN AUTHORITY, INC.'S MISSION IS TO MAKE EDUCATION A REALITY BY SUPPORTING PROGRAMS AND INITIATIVES TO FINANCE EDUCATIONAL OPPORTUNITIES.
IRS status
| Ruling year | 2006 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | B82 — Education (in TX) |
| Donations | Donations are generally tax-deductible (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded September 20, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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