Hartford International University for Religion and Peace

Analysis

Hartford International University for Religion and Peace is a registered charity in United States, based in Hartford, CT. It received its IRS tax-exemption ruling in September 1950, 76 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, Hartford International University for Religion and Peace reported income of $8.7m and spending of $7.7m, spending 88% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $5.2m to $8.7m (+67%), an average of +19% a year. The sharpest change came in the year to June 2023, when income rose by 162%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hartford International University for Religion and Peace sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within CT. Charities of a similar size with the same main cause include Sarasota School of Arts and Science Inc ($8.7m), Interfaith Food Center ($8.7m) and Venture Academies ($8.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.1% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $765k (10.0% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $72.2m against liabilities of $275k, net assets of $71.9m. It reported 82 employees.