University of New Hampshire Foundation Incorporated

Analysis

University of New Hampshire Foundation Incorporated is a registered charity in United States, based in Durham, NH. It received its IRS tax-exemption ruling in May 1990, 36 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, University of New Hampshire Foundation Incorporated reported income of $48.2m and spending of $43.9m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $32.6m to $48.2m (+48%), an average of +10% a year. The sharpest change came in the year to June 2022, when income rose by 28%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University of New Hampshire Foundation Incorporated sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within NH. Charities of a similar size with the same main cause include Trustees of St Josephs College ($48.1m), Ohio Dominican University ($48.2m) and Marshall University Foundation Incorporated ($48.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 75% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $1.2m (2.7% of expenses). Other salaries and wages came to $618k. At year end it held assets of $318.6m against liabilities of $8.7m, net assets of $309.9m.