Yale University

Analysis

Yale University is a registered charity in United States, based in New Haven, CT. It received its IRS tax-exemption ruling in October 1992, 34 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Yale University reported income of $5.3m and spending of $5.9m, spending 112% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.5m to $5.3m (+16%), an average of +3.8% a year. The sharpest change came in the year to June 2022, when income rose by 149%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Yale University sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within CT. Charities of a similar size with the same main cause include Housing Corporation of America ($5.3m), Jennings Terrace Inc ($5.3m) and Rancho Cordova Food Locker ($5.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 28% and program service revenue 64% of the total. At year end it held assets of $10.0m against liabilities of $0, net assets of $10.0m.