Hult International Business School
Hult International Business School reported $217.7 million in revenue and $215.1 million in expenses for the fiscal year ending July 31, 2025. Of every $100 it spent, $89.64 went to program services, $10.36 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 98.4% of the total. The highest compensation it reported for one person was $406,590 (PROVOST & EXECUTIVE VICE PRESIDENT). 62 people received more than $100,000 in reportable compensation. Revenue rose 37% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending July 31, 2025 · Form 990, Part IX, line 25 · total expenses $215MFor 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 July 31, 2025 · Form 990, Part VIII · total revenue $218MThe 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) | 10.4% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.8% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 98.4% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $406,590 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.19% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 62 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 1.1 | 13.3 |
| Independent voting board members Part VI 1a–1b | 8 of 9 | 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 expenseThe school offers one year masters programs in business administration, finance, International Business and International marketing, as well as a bachelors program in business administration, to a broadly-based international student body. The school has campus locations in cambridge, massachusetts, and san francisco, california, and also services students in london, united kingdom and dubai, united arab emirates. During the 2025 academic year, the school had approximately 3,700 students enrolled in all programs
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 |
|---|---|---|---|---|
| PROVOST & EXECUTIVE VICE PRESIDENT Highest compensated employee, 40.00 hrs/week | $398,937 | $0 | $7,653 | $406,590 |
| FACULTY Highest compensated employee, 40.00 hrs/week | $317,228 | $0 | $19,822 | $337,050 |
| EXECUTIVE DIRECTOR OF RECRUITMENT Highest compensated employee, 40.00 hrs/week | $296,442 | $0 | $28,923 | $325,365 |
| PRESIDENT/DIRECTOR Director/trustee, officer, 2.00 hrs/week | $0 | $0 | $312,940 | $312,940 |
| DEAN- POST GRAD Highest compensated employee, 40.00 hrs/week | $295,683 | $0 | $14,821 | $310,504 |
| FACULTY Highest compensated employee, 40.00 hrs/week | $275,913 | $0 | $23,220 | $299,133 |
| TREASURER Officer, 2.00 hrs/week | $0 | $0 | $273,823 | $273,823 |
| CLERK / VP OF FINANCE Officer, 40.00 hrs/week | $207,495 | $0 | $12,376 | $219,871 |
62 people received more than $100,000 in reportable compensation from Hult International Business School (Part VII, line 2). Compensation of current officers, directors and key employees totaled $243K (Part IX, line 5).
5 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–1b9 · 8 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 5488
- Volunteers Part I, line 69
Private foundation grants it received
2 private foundations reported grants to Hult International Business School totaling $21,480 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 Hult International Business School's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Hult International Business School, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Hult International Business School spent in FY2025, $89.64 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Feinberg Graduate School of the WeizmannNew York, NY · revenue $215M · programs 97.7% · FY2025
- The American University in CairoNew York, NY · revenue $221M · programs 88.6% · FY2025
- Business Leadership Organized for Catholic SchoolsKing of Prussia, PA · revenue $214M · programs 98.0% · FY2025
- Kenyon CollegeGambier, OH · revenue $222M · programs 90.5% · FY2025
- Corporation of Haverford CollegeHaverford, PA · revenue $212M · programs 83.7% · FY2025
All education charities · Largest charities in Massachusetts
Questions people ask
How much of Hult International Business School's spending goes to programs?
In the fiscal year ending July 31, 2025, Hult International Business School reported that 89.6% of its $215.1 million in expenses went to program services, 10.4% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Hult International Business School pay its top executive?
The largest total compensation Hult International Business School reported for one person in the fiscal year ending July 31, 2025 was $406,590, for the role of PROVOST & EXECUTIVE VICE PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Hult International Business School get its money?
Of $217.7 million in revenue in the fiscal year ending July 31, 2025, 0.8% came from contributions and grants and 98.4% from program service revenue (Form 990, Part VIII).
Is Hult International Business School a registered charity?
The IRS lists EIN 04-3348440 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, 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 July 31, 2025, object 202610509349301671 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending July 31, 2024, object 202510779349301651 · read the filing
- FY2023: Form 990 for the fiscal year ending July 31, 2023, object 202410749349300621 · read the filing
- FY2022: Form 990 for the fiscal year ending July 31, 2022, object 202300259349301510 · read the filing
- FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202111269349302651 · read the filing
All filings for EIN 04-3348440: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.