Franklin Pierce University

Analysis

Franklin Pierce University is a registered charity in United States, based in Rindge, NH. It received its IRS tax-exemption ruling in July 1963, 63 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 May 2023, Franklin Pierce University reported income of $85.8m and spending of $86.8m, spending 101% of its income. Across the 5 years on record, from May 2019 to May 2023, income fell from $87.5m to $85.8m (-1.9%), an average of -0.5% a year. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Franklin Pierce 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 Knox College ($85.7m), Meredith College ($85.9m) and Southwest Charter Foundation Inc ($85.5m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 7.4% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $1.0m (1.2% of expenses). Other salaries and wages came to $21.0m. At year end it held assets of $92.8m against liabilities of $46.5m, net assets of $46.2m. It reported 1,154 employees.