Education (B110) IRS Verified DX Registered 990 on File

UNIVERSITY OF NEVADA-RENO FOUNDATION

EIN: 94-2781749 · RENO, NV 89557-0162 · United States · FY 2025 Data

3 out of 5 54 / 100 Based on 2+ years of filings

Financial strength (30%) 79/100

Reliability (20%) 55/100

Effectiveness (25%) 78/100

Impact (25%) No data yet

Financial data: FY 2025 · Scored 9/13/2026

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Mission Statement

Inspired by its land-grant foundation, the University of Nevada, Reno provides outstanding learning, discovery, and engagement programs that serve the economic, social, environmental, and cultural needs of the citizens of Nevada, the nation, and the world. Established in May 1981, the University of Nevada, Reno Foundation is the central fundraising organization for all academic and public service programs at the University of Nevada, Reno. The Foundation is governed by a board of trustees comprised of alumni, business and community leaders and other friends of the University. As Nevada’s only land-grant institution, the University of Nevada, Reno’s mission includes providing statewide outreach to all of its citizens. Much of this outreach is done through Extension, whose mission is to discover, develop, disseminate, preserve and use knowledge to strengthen the social, economic and environmental well-being of people. As the outreach arm of the University, Extension brings information to Nevadans to solve problems and deal with critical issues related to agriculture; children, youth and families; community development; health and nutrition; horticulture; and natural resources.

Financial Overview — FY 2025

$101.8M

Total Revenue

$63.4M

Total Expenses

$587.9M

Net Assets

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 82.7%

Fundraising Efficiency 858.9%

Operating Reserve 111.23x

Liability-to-Asset 1.7%

Revenue Diversification 78.3%

Compared with Peers

FY 2025

Compared with 1,677 similar organizations (United States, Education, $10M–$100M in expenses), FY 2025.

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	82.7%	84.4%	P10P90	Below median
Admin expense ratio Management and general / total expenses · lower is better	13.8%	13.6%	P10P90	Below median
Fundraising expense ratio Fundraising expenses / total expenses · lower is better	3.5%	0.4%	P10P90	Bottom quarter
Fundraising efficiency Fundraising expenses / gross fundraising income · lower is better	858.9%	546.8%	P10P90	Below median
Operating reserve Months of expenses covered by net assets · higher is better	111.2 mo	10.4 mo	P10P90	Top quarter
Liabilities to assets Total liabilities / total assets · lower is better	1.7%	32.0%	P10P90	Top quarter
Revenue concentration Share of revenue from the largest source · lower is better	78.3%	88.4%	P10P90	Above median
Surplus margin Surplus as a share of revenue	37.7%	3.1%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %
2025	$101.8M	$63.4M	$587.9M	82.7%
2023	$151.9M	$43.1M	$486.5M	85.1%
2022	$59.6M	$32.3M	$379.7M	80.9%
2021	$124.5M	$49.4M	N/A	—
2020	$47.6M	$41.8M	N/A	—

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Organization Details

EIN: 94-2781749
State: NV
City: RENO
ZIP: 89557-0162
Classification: B110
Category: Education
Rating: 3★
Coverage: A
Last Updated: Aug 2026
IRS Ruling Year: 1981
Form 990: On File

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

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