UNIVERSITY OF NEVADA-RENO FOUNDATION
1664 N VIRGINIA ST MSC 0162, RENO, NV · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $101,755,310 | $63,431,908 | $587,939,981 |
| FY2024 | $52,499,229 | $53,110,714 | $519,349,408 |
| FY2023 | $151,934,512 | $43,136,406 | $486,472,032 |
| FY2022 | $59,644,067 | $32,271,203 | $379,653,920 |
| FY2021 | $75,417,078 | $49,386,658 | $374,061,555 |
| FY2020 | $47,620,402 | $41,844,661 | $303,423,536 |
| FY2019 | $35,673,494 | $54,243,567 | $304,146,688 |
| FY2018 | $55,635,965 | $38,301,426 | $316,384,342 |
| FY2017 | $65,423,325 | $37,665,519 | $292,325,469 |
| FY2016 | $53,956,683 | $43,334,222 | $256,300,042 |
| FY2015 | $50,061,966 | $29,754,418 | $247,220,770 |
| FY2014 | $57,916,362 | $27,076,194 | $224,310,977 |
| FY2013 | $32,890,110 | $24,270,683 | $186,755,566 |
| FY2012 | $32,954,197 | $22,084,568 | $168,854,493 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $79,679,973 | 99% |
| Program service revenue | $478,484 | 1% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $52,453,954 | 83% |
| Management & general | $8,763,191 | 14% |
| Fundraising | $2,214,763 | 3% |
What the numbers show
- Contributions & grants made up 99% of total revenue in FY2025.
- Program services accounted for 83% of functional expenses, management & general 14%, and fundraising 3%.
- 83% of functional expenses went to program services in FY2025. That is higher than 52% of 25 Education organizations in NV.
- Net assets covered about 111.2 months of expenses at the end of the reporting year. That puts it in the 85th percentile among 313 Education organizations in NV.
- Total revenue was higher than 99.7% of 317 Education organizations in NV.
- Total revenue rose from $32,954,197 in FY2012 to $101,755,310 in FY2025, Revenue increased in 7 and decreased in 6 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 2 of 14 reported years (FY2019, FY2024).
- The highest revenue on record here is $151,934,512 in FY2023.
- Net assets grew from $168,854,493 to $587,939,981 between FY2012 and 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
To aid, support, & assist the University of Nevada, Reno to enhance the quality of education.
IRS status
| Ruling year | 1982 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | B110 — Education |
| Donations | Donations are generally tax-deductible (public charity). |
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.