Charity Search / UNIVERSITY OF NEW HAVEN
Education (B430) IRS Verified DX Registered 990 on File

UNIVERSITY OF NEW HAVEN

EIN: 06-0761704 · WEST HAVEN, CT 06516-1916 · United States · FY 2023 Data
3 out of 5 58 / 100 Based on 2+ years of filings
Financial strength (30%) 70/100
Reliability (20%) 70/100
Effectiveness (25%) 93/100
Impact (25%) No data yet
Financial data: FY 2023 · Scored 9/13/2026
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CharityAI™ Score
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Mission Statement

At the University of New Haven, our coaches and staff encourage all Charger student-athletes to succeed at greater heights than they know possible in every area of their life. Everyone associated with Charger Athletics is expected to contribute to a constant improvement and continuous growth culture. The University of New Haven’s mission is to prepare our students to lead purposeful and fulfilling lives in a global society through experiential, collaborative, and discovery-based learning. Being a part of Charger Athletics will prepare our alumni to enact meaningful change, challenge the status quo, and impact organizations at the highest levels.

Financial Overview — FY 2023
$347.7M
Total Revenue
$343.0M
Total Expenses
$255.9M
Net Assets
2884
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 90.3%
Fundraising Efficiency 5133.4%
Operating Reserve 8.95x
Liability-to-Asset 41.7%
Revenue Diversification 93.8%
Executive Compensation $3.8M
Compared with Peers
FY 2023
Compared with 607 similar organizations (United States, Education, $100M and over in expenses), FY 2023.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
90.3% 87.4%
P10P90
Above median
Admin expense ratio
Management and general / total expenses · lower is better
8.7% 10.5%
P10P90
Above median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
1.0% 1.3%
P10P90
Above median
Fundraising efficiency
Fundraising expenses / gross fundraising income · lower is better
5133.4% 4415.8%
P10P90
Below median
Operating reserve
Months of expenses covered by net assets · higher is better
9.0 mo 20.3 mo
P10P90
Bottom quarter
Liabilities to assets
Total liabilities / total assets · lower is better
41.7% 27.0%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
93.8% 84.6%
P10P90
Bottom quarter
Revenue growth
Year over year revenue growth
0.9% -2.0%
P10P90
Expense growth
Year over year expense growth
4.5% 5.9%
P10P90
Surplus margin
Surplus as a share of revenue
1.3% 1.3%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $347.7M $343.0M $255.9M 90.3% 2884
2022 $344.7M $328.1M $242.0M 89.5% 2707
2021 $316.1M $301.0M N/A 2705
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Organization Details
EIN
06-0761704
State
CT
City
WEST HAVEN
ZIP
06516-1916
Classification
B430
Category
Education
Rating
3★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
1920
Foundation Code
11
Form 990
On File
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