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New York University in Abu Dhabi Corporation

RegisteredEIN 26-2652713New York, NYEducation and training
Income$261.8m2023-08
Spending$261.8msame year
Spent / received100%5-year average
Size in its cause100th pctEducation and training
Exempt since2009Supporting organisation
Employees552latest return

Analysis

New York University in Abu Dhabi Corporation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 2009, 17 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 August 2023, New York University in Abu Dhabi Corporation reported income of $261.8m and spending of $261.8m, spending 100% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $201.0m to $261.8m (+30%), an average of +6.8% a year. 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, New York University in Abu Dhabi 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 NY. Charities of a similar size with the same main cause include Drake University ($259.1m), Yes Prep Public Schools Inc ($263.0m) and Lafayette College ($259.0m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $5.5m (2.1% of expenses). Other salaries and wages came to $131.9m. At year end it held assets of $8.6m against liabilities of $8.6m, net assets of $0. It reported 552 employees.

Income and spending

$0$65.4m$130.9m$196.3m$261.8m2019 Income: $201,045,7702019 Spending: $201,045,77020192020 Income: $213,375,5322020 Spending: $213,375,53220202021 Income: $220,364,3262021 Spending: $220,364,32620212022 Income: $244,574,5612022 Spending: $244,574,56120222023 Income: $261,770,1252023 Spending: $261,770,1252023
IncomeSpending

Where the income comes from

  • Contributions & grants 96%
  • Other 4.4%

Similar-sized charities, same cause

CharityLocationIncome
Drake UniversityDes Moines$259.1m
Yes Prep Public Schools IncHouston$263.0m
Lafayette CollegeEaston$259.0m
Colorado College THColorado SPGS$263.3m