Southern New Hampshire University

Analysis

Southern New Hampshire University is a registered charity in United States, based in Manchester, NH. It received its IRS tax-exemption ruling in August 1968, 58 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, Southern New Hampshire University reported income of $1.37bn and spending of $1.26bn, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $914.1m to $1.37bn (+50%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 19%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Southern New Hampshire University sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within NH. Charities of a similar size with the same main cause include Boston College Trustees ($1.34bn), Research Foundation for the State University of New York ($1.40bn) and Trustees of Tufts College ($1.34bn).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.0% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $7.2m (0.6% of expenses). Other salaries and wages came to $479.9m. At year end it held assets of $1.63bn against liabilities of $440.6m, net assets of $1.19bn. It reported 14,656 employees.