Rivier University

Analysis

Rivier University is a registered charity in United States, based in Nashua, NH. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Rivier University reported income of $65.9m and spending of $62.2m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $52.9m to $65.9m (+25%), an average of +5.6% a year. The sharpest change came in the year to June 2022, when income rose by 17%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rivier University sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NH. Charities of a similar size with the same main cause include Mount Vernon Nazarene University ($65.9m), Muskingum University ($65.9m) and Collegiate School Inc ($65.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.7% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $904k (1.5% of expenses). Other salaries and wages came to $16.1m. At year end it held assets of $151.9m against liabilities of $51.3m, net assets of $100.6m. It reported 889 employees.