University of New Haven

Analysis

University of New Haven is a registered charity in United States, based in West Haven, CT. It received its IRS tax-exemption ruling in February 1949, 77 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 2022, University of New Haven reported income of $344.7m and spending of $328.1m, spending 95% of its income. Across the 4 years on record, from June 2019 to June 2022, income grew from $287.3m to $344.7m (+20%), an average of +6.3% a year. Over the whole period it spent 96% 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 Haven 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 CT. Charities of a similar size with the same main cause include Babson College ($344.0m), Bentley University ($347.7m) and Oberlin College ($344.0m).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 9.6% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $3.6m (1.1% of expenses). Other salaries and wages came to $82.3m. At year end it held assets of $427.1m against liabilities of $185.0m, net assets of $242.0m. It reported 2,707 employees.