University of Massachusetts Global

Analysis

University of Massachusetts Global is a registered charity in United States, based in Aliso Viejo, CA. It received its IRS tax-exemption ruling in February 2008, 18 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, University of Massachusetts Global reported income of $112.9m and spending of $130.2m, spending 115% of what it took in. Across the 6 years on record, from May 2019 to June 2023, income fell from $115.2m to $112.9m (-2.0%), an average of -0.4% a year. The sharpest change came in the year to June 2023, when income rose by 10219%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University of Massachusetts Global sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Hong Kong International School Association Limited ($112.6m), Luther College ($113.2m) and Oklahoma City University ($112.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.7% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $4.3m (3.3% of expenses). Other salaries and wages came to $54.3m. It paid $25k in professional fundraising fees. At year end it held assets of $61.6m against liabilities of $135.9m, net assets of -$74.3m. It reported 1,852 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.