Hult International Business School Inc

Analysis

Hult International Business School Inc is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in June 1997, 29 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 July 2023, Hult International Business School Inc reported income of $191.3m and spending of $200.2m, spending 105% of its income. Across the 5 years on record, from September 2019 to July 2023, income grew from $120.8m to $191.3m (+58%), an average of +12% a year. The sharpest change came in the year to July 2022, when income rose by 35%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hult International Business School Inc 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 99th percentile within MA. Charities of a similar size with the same main cause include University of Oregon Foundation ($191.0m), President and Trustees of Bates College ($192.1m) and Jacksonville University ($190.9m).

On its Form 990 for the period ending July 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $187k (0.1% of expenses). Other salaries and wages came to $24.8m. At year end it held assets of $135.3m against liabilities of $120.7m, net assets of $14.5m. It reported 511 employees.