Warden & Scholars of New College Oxford

Analysis

Warden & Scholars of New College Oxford is a registered charity in United States, based in United Kingdom. It received its IRS tax-exemption ruling in November 1957, 69 years ago. The IRS classifies it as a school under section 501(c)(3).

In the financial year ending July 2023, Warden & Scholars of New College Oxford reported income of $28.3m and spending of $27.2m, spending 96% of its income. Across the 4 years on record, from July 2019 to July 2023, income grew from $21.2m to $28.3m (+34%), an average of +10% a year. The sharpest change came in the year to July 2021, when income rose by 25%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Warden & Scholars of New College Oxford sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile. Charities of a similar size with the same main cause include Brownsville Community Health Clinic Corporation ($28.3m), Nebraska Methodist College of Nursing and Allied Health ($28.4m) and St Paul Elder Services Inc ($28.3m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 25% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $4.7m (17% of expenses). Other salaries and wages came to $7.0m. At year end it held assets of $496.2m against liabilities of $11.0m, net assets of $485.2m.