Hofstra University

Organization Overview

Hofstra University is located in Hempstead, NY. The organization was established in 1942. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 08/2021, Hofstra University employed 5,636 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hofstra University is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 08/2021, Hofstra University generated $606.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $537.8m during the year ending 08/2021. While expenses have increased by 1.3% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Hofstra University has awarded 13 individual grants totaling $269,981. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

INSTITUTION OF HIGHER LEARNING

Describe the Organization's Program Activity:

INSTRUCTION AND RELATED ACADEMIC SUPPORT, INCLUDING RESEARCH AND PUBLIC SERVICES, SPONSORED PROGRAMS, SCHOLARSHIPS, FELLOWSHIPS AND OTHER EXPENSES BENEFITING THE COMMUNITY. (FALL 2020 FULL-TIME EQUIVALENTS OF 9,632)


AUXILIARY ENTERPRISES, INCLUDING RESIDENCE HALLS AND FOOD SERVICE. (APPROXIMATELY 1,910 STUDENTS IN RESIDENCE HALLS)


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Compass Group Usa Inc
Campus Food Provider
$6,715,703
Axis Construction Corp
Construction
$11,070,796
Eab Global Inc
Student Marketing
$4,286,819
Structure Tone Llc
Construction
$1,634,444
Hlw International Llp
Construction
$1,353,382
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$1,755,974
Related organizations$0
Government grants $21,909,844
All other contributions, gifts, grants, and similar amounts not included above$21,694,902
Noncash contributions included in lines 1a–1f $1,043,415
Total Revenue from Contributions, Gifts, Grants & Similar$45,360,720
Total Program Service Revenue$511,005,419
Investment income $12,282,555
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $288,791
Net Gain/Loss on Asset Sales $38,330,591
Net Income from Fundraising Events -$382,591
Net Income from Gaming Activities $1,812
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $606,887,297

Grants Awarded

Over the last fiscal year, Hofstra University has awarded $77,667 in support to 4 organizations.

Grant RecipientAmount

VILLAGE OF HEMPSTEAD

PURPOSE: Contribution

$40,000

CENTRAL AMERICAN REFUGEE CENTER

Org PageRecipient Profile

Hempstead, NY

PURPOSE: Contribution

$20,000

AMERICAN CANCER SOCIETY

Org PageRecipient Profile

Kennesaw, GA

PURPOSE: Contribution

$11,990

EAST WILLISTON FIRE DEPARTMENT

PURPOSE: Contribution

$5,677
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Hofstra University has recieved totaling $36,000.

Awarding OrganizationAmount
Yale Art Trust

New York, NY

PURPOSE: EDUCATIONAL

$25,000
Mary D Coles Foundation

Dallas, TX

PURPOSE: SCHOLARSHIPS

$10,000
Decker Weiss Family Foundation Inc

Stamford, CT

PURPOSE: GENERAL

$1,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$682,366,337
Earnings$163,958,813
Admin Expense$5,738,417
Net Contributions$83,019,727
Other Expense$9,713,591
Grants$19,566,548
Ending Balance$894,326,321

Peer Organizations

Organization NameAssets
Fordham University
Bronx, NY
$953,892,663
Rochester Institute Of Technology
Rochester, NY
$1,071,324,345
St Johns University New York
Jamaica, NY
$798,473,536
Villanova University
Villanova, PA
$872,271,471
Rensselaer Polytechnic Institute
Troy, NY
$653,047,178
Rockefeller University
New York, NY
$535,346,959
Lehigh University
Bethlehem, PA
$713,288,867
The New School
New York, NY
$558,997,855
Hofstra University
Hempstead, NY
$606,887,297
American University Of Beirut
New York, NY
$608,300,843
Quinnipiac University
Hamden, CT
$531,949,834
Seton Hall University
South Orange, NJ
$473,034,000

Create an account to unlock the data you need.

or