Signum University

Analysis

Signum University is a registered charity in United States, based in Hollis, NH. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Signum University reported income of $928k and spending of $983k, spending 106% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income grew from $219k to $928k (+324%), an average of +44% a year. The sharpest change came in the year to July 2023, when income rose by 113%. 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, Signum University sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 80th percentile within NH. Charities of a similar size with the same main cause include Russian-American International School ($928k), South Point Scholars Academy Inc ($928k) and Center for Working Families Inc ($928k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $81k (8.2% of expenses). Other salaries and wages came to $695k. At year end it held assets of $44k against liabilities of $78k, net assets of -$34k. It reported 33 employees.