University of New England
University of New England reported $322.8 million in revenue and $277.3 million in expenses for the fiscal year ending May 31, 2025. Of every $100 it spent, $89.63 went to program services, $9.13 to management and general costs and $1.24 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 78.9% of the total. Government grants made up 6.9%. The highest compensation it reported for one person was $1,027,687 (President). 216 people received more than $100,000 in reportable compensation. Revenue rose 20% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending May 31, 2025 · Form 990, Part IX, line 25 · total expenses $277MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending May 31, 2025 · Form 990, Part VIII · total revenue $323MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 89.6% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 9.1% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 1.2% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.08 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 12.7% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 6.9% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 78.9% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $1,027,687 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.37% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 216 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 27.9 | 13.3 |
| Independent voting board members Part VI 1a–1b | 22 of 24 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseCOLLEGE OF OSTEOPATHIC MEDICINE: The College of Osteopathic Medicine is dedicated to the improvement of life through the education of Osteopathic physicians, research and service. The nationally recognized College emphasizes health, healing and primary care for the people of New England and the nation. The College is the only medical school in Maine and the only osteopathic medical school in New England. The College is housed on the Portland campus, an historic site in suburban Portland, Maine. WESTBROOK COLLEGE OF HEALTH PROFESSIONS: The Westbrook College of Health Professions offers both…
Auxiliary services for the delivery of higher education include room and board for over 1,500 students. The mission is to work in partnership with resident students to create a healthy and positive residential community that enhances academic pursuits and provides opportunities for personal, social and spiritual growth. The goal is to promote an atmosphere rooted in civility and personal responsibility, and encourage reflective thinking and active involvement. The staff strives to teach, model, and learn with the students the values of community, inquiry, integrity, and caring. Maintaining a…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| President Director/trustee, officer, 40.00 hrs/week | $814,381 | $0 | $213,306 | $1,027,687 |
| Provost/SVP for Academic Affairs Key employee, 40.00 hrs/week | $481,440 | $0 | $27,906 | $509,346 |
| Dean Osteopathic Med/VP Hlth Affairs Highest compensated employee, 40.00 hrs/week | $438,354 | $0 | $46,024 | $484,378 |
| SVP for Finance & Admin/CFO Officer, 40.00 hrs/week | $351,352 | $0 | $54,081 | $405,433 |
| Sr. Assoc. Dean for Clinical Educ. Highest compensated employee, 40.00 hrs/week | $289,331 | $0 | $113,521 | $402,852 |
| Dean of College of Dental Medicine Highest compensated employee, 40.00 hrs/week | $322,260 | $0 | $48,805 | $371,065 |
| Associate Dean of Academic Affairs Highest compensated employee, 40.00 hrs/week | $288,111 | $0 | $35,507 | $323,618 |
| General Counsel/VP of Legal Affairs Highest compensated employee, 40.00 hrs/week | $298,664 | $0 | $9,719 | $308,383 |
216 people received more than $100,000 in reportable compensation from University of New England (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.5M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b24 · 22 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 53,178
- Volunteers Part I, line 624
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| Ledgewood Construction Construction | $25,962,658 |
| Eat'N Park Hospitality Group Inc Food Services | $6,412,772 |
| Ellucian Company LP ITS Services | $5,338,421 |
| AlliedCook Construction Corp Construction | $2,204,177 |
| Bernstein Shur Legal Services | $2,004,607 |
Individuals listed as contractors are left out. 40 contractors were paid more than $100,000 in all.
Private foundation grants it received
38 private foundations reported grants to University of New England totaling $1.9M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from University of New England's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for University of New England, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 University of New England spent in FY2025, $89.63 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Merrimack CollegeNorth Andover, MA · revenue $322M · programs 90.9% · FY2025
- Abilene Christian UniversityAbilene, TX · revenue $325M · programs 69.8% · FY2025
- University of New BrunswickCanada, · revenue $322M · programs 80.4% · FY2025
- The University of Georgia FoundationAthens, GA · revenue $327M · programs 94.3% · FY2025
- Morehouse School of MedicineAtlanta, GA · revenue $318M · programs 67.3% · FY2025
Questions people ask
How much of University of New England's spending goes to programs?
In the fiscal year ending May 31, 2025, University of New England reported that 89.6% of its $277.3 million in expenses went to program services, 9.1% to management and general and 1.2% to fundraising (Form 990, Part IX).
How much does University of New England pay its top executive?
The largest total compensation University of New England reported for one person in the fiscal year ending May 31, 2025 was $1,027,687, for the role of President (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does University of New England get its money?
Of $322.8 million in revenue in the fiscal year ending May 31, 2025, 12.7% came from contributions and grants (including 6.9% from government grants) and 78.9% from program service revenue (Form 990, Part VIII).
Is University of New England a registered charity?
The IRS lists EIN 01-0211810 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending May 31, 2025, object 202640789349300019 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending May 31, 2024, object 202510799349300106 · read the filing
- FY2023: Form 990 for the fiscal year ending May 31, 2023, object 202400809349301310 · read the filing
- FY2022: Form 990 for the fiscal year ending May 31, 2022, object 202320799349301062 · read the filing
- FY2021: Form 990 for the fiscal year ending May 31, 2021, object 202210969349300521 · read the filing
- FY2020: Form 990 for the fiscal year ending May 31, 2020, object 202101059349301655 · read the filing
All filings for EIN 01-0211810: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.