Harvard Management Private Equity Corporation

Analysis

Harvard Management Private Equity Corporation is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in March 1991, 35 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Harvard Management Private Equity Corporation reported income of $2.02bn and spending of $467.1m, leaving 77% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.44bn to $2.02bn (+40%), an average of +8.8% a year. The sharpest change came in the year to June 2020, when income rose by 66%. Over the whole period it spent 18% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Harvard Management Private Equity Corporation 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 MA. Charities of a similar size with the same main cause include Georgetown University ($1.92bn), Vanderbilt University ($2.27bn) and George Washington University ($1.80bn).

At year end it held assets of $47.73bn against liabilities of $222k, net assets of $47.73bn.