UNIVERSITY OF CONNECTICUT FOUNDATION INCORPORATED
2390 ALUMNI DRIVE U3206, STORRS, CT · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $139,327,144 | $113,506,278 | $880,733,311 |
| FY2024 | $97,529,610 | $94,918,627 | $822,853,441 |
| FY2023 | $134,559,275 | $85,237,029 | $751,952,187 |
| FY2022 | $150,826,250 | $72,182,679 | $707,774,108 |
| FY2021 | $151,971,854 | $67,638,585 | $730,749,460 |
| FY2020 | $88,474,063 | $53,108,247 | $576,498,835 |
| FY2019 | $68,228,207 | $62,152,790 | $550,043,473 |
| FY2018 | $68,832,842 | $53,795,786 | $534,429,553 |
| FY2017 | $77,907,531 | $50,073,521 | $475,575,188 |
| FY2016 | $89,960,633 | $55,855,552 | $430,813,652 |
| FY2015 | $80,348,677 | $57,249,419 | $435,781,935 |
| FY2014 | $64,769,173 | $70,765,503 | $436,908,835 |
| FY2013 | $70,653,054 | $53,018,402 | $413,469,598 |
| FY2012 | $60,347,053 | $45,891,497 | $383,940,290 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $60,841,282 | 79% |
| Program service revenue | $16,339,240 | 21% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $64,251,331 | 57% |
| Management & general | $24,424,644 | 22% |
| Fundraising | $24,830,303 | 22% |
What the numbers show
- Contributions & grants made up 79% of total revenue in FY2025.
- Program services accounted for 57% of functional expenses, management & general 22%, and fundraising 22%.
- 57% of functional expenses went to program services in FY2025. That is higher than 1.3% of 79 Education organizations in CT.
- Net assets covered about 93.1 months of expenses at the end of the reporting year. That puts it in the 80th percentile among 838 Education organizations in CT.
- Total revenue was higher than 98.7% of 850 Education organizations in CT.
- Total revenue rose from $60,347,053 in FY2012 to $139,327,144 in FY2025, Revenue increased in 6 and decreased in 7 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 1 of 14 reported years (FY2014).
- The highest revenue on record here is $151,971,854 in FY2021.
- Net assets grew from $383,940,290 to $880,733,311 between FY2012 and FY2025.
- Contributions and grants made up 66% of revenue in FY2012 and 44% in FY2025.
- Donations are generally tax-deductible (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
IRS status
| Ruling year | 1964 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | B110 — Education (in CT) |
| Donations | Donations are generally tax-deductible (public charity). |
Similar organizations
- HOTCHKISS SCHOOL — LAKEVILLE, CT · $126,383,221
- CHOATE ROSEMARY HALL FOUNDATION INCORPORATED — WALLINGFORD, CT · $99,339,717
- CONNECTICUT COLLEGE — NEW LONDON, CT · $185,831,000
- TRINITY COLLEGE — HARTFORD, CT · $281,005,704
- UNIVERSITY OF HARTFORD — WEST HARTFORD, CT · $305,633,140
- UNIVERSITY OF NEW HAVEN — WEST HAVEN, CT · $392,215,175
- WESLEYAN UNIVERSITY — MIDDLETOWN, CT · $443,190,970
- FAIRFIELD UNIVERSITY — FAIRFIELD, CT · $558,598,313
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded September 20, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
Think something here is wrong or should be removed? Use the contact form — we act on removal requests within 30 days.