University of Auckland

Analysis

University of Auckland is a registered charity in United States, based in New Zealand. It received its IRS tax-exemption ruling in February 2016, 10 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).

In the financial year ending December 2023, University of Auckland reported income of $927.5m and spending of $881.3m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $812.7m to $927.5m (+14%), an average of +3.4% a year. The sharpest change came in the year to December 2021, when income rose by 20%. 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 Auckland 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. Charities of a similar size with the same main cause include Step Up for Students - Florida Inc ($913.0m), American University ($933.9m) and University of Dayton ($911.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $5.9m (0.7% of expenses). Other salaries and wages came to $445.0m. It paid $216k in professional fundraising fees. At year end it held assets of $2.94bn against liabilities of $479.9m, net assets of $2.46bn. It reported 13,110 employees.