Houghton University

Organization Overview

Houghton University is located in Houghton, NY. The organization was established in 1970. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 05/2022, Houghton University employed 943 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Houghton 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 05/2022, Houghton University generated $37.9m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $34.5m during the year ending 05/2022. As we would expect to see with falling revenues, expenses have declined by (4.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

A NATIONALLY RANKED CHRISTIAN UNIVERSITY FOUNDED BY THE WESLEYAN CHURCH.

Describe the Organization's Program Activity:

INSTRUCTION:UNDERGRADUATE RESIDENTIAL EDUCATION: HOUGHTON UNIVERSITY PROVIDES AN ACADEMICALLY CHALLENGING, CHRIST-CENTERED EDUCATION IN THE LIBERAL ARTS AND SCIENCES TO APPROXIMATELY 700 TRADITIONAL UNDERGRADUATE STUDENTS IN A RURAL, RESIDENTIAL CAMPUS SETTING. APPROXIMATELY 60 MAJORS IN THE LIBERAL ARTS, NATURAL SCIENCES, AND PRE-PROFESSIONAL DEGREES ARE OFFERED. HOUGHTON FOCUSES ON PROVIDING STUDENTS OUTSTANDING EXPERIENTIAL LEARNING OPPORTUNITIES BOTH IN AND OUTSIDE THE CLASSROOM. GRADUATES OF HOUGHTON UNIVERSITY ARE EQUIPPED TO LEAD AND LABOR AS SCHOLAR-SERVANTS IN A CHANGING WORLD.ONLINE EDUCATION: HOUGHTON UNIVERSITY PROVIDES AN ACADEMICALLY CHALLENGING, CHRIST-CENTERED EDUCATION IN THE LIBERAL ARTS TO A DIVERSE STUDENT BODY FROM ROUND THE WORLD THROUGH ITS ONLINE COURSES. LEARNERS ARE OFFERED THE FLEXIBILITY TO EARN A DEGREE AT WHATEVER PACE THEY REQUIRE. HOUGHTON ONLINE STUDENTS THRIVE IN SMALL, PERSONAL ONLINE CLASSES DESIGNED TO FACILITATE CONNECTING QUICKLY WITH PROFESSIONS AND PEERS. STUDENTS ENJOY EXPERIENTIAL, PRACTITIONER-BASED LEARNING IN A DIVERSE, SPIRITUAL COMMUNITY. EIGHT UNDERGRADUATE DEGREE PROGRAMS ARE OFFERED, AS WELL AS TWO MASTER'S LEVEL PROGRAMS.LOCATION BASED EDUCATION: AS HOUGHTON UNIVERSITY SEEKS TO FULFILL ITS MISSION TO PROVIDE EDUCATION TO STUDENTS REGARDLESS OF THEIR ECONOMIC BACKGROUND, OFFSITE EDUCATIONAL PROGRAMS ARE OFFERED TO MEET THE UNIQUE NEEDS OF LEARNERS IN NEARBY COMMUNITIES.


AUXILARY ENTERPRISES: STUDENT HOUSING, FOOD SERVICES, CAMPUS STORE, AND OTHER AUXILARY ENTERPRISES.


STUDENT SERVICES: STUDENT LIFE, ATHLETICS, ADMISSIONS, AND OTHER STUDENT SERVICES.


OTHER PROGRAM EXPENSES INCLUDE GRANTS TO STUDENTS - HEERF, AS WELL AS DEPARTMENTAL PROJECTS AND STUDENT LOANS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Kinley Corporation Of Ny
Construction Services
$1,920,411
Metz Culinary Management
Food Service
$1,893,621
Sodexo Inc & Affiliates (Fac Contract
Custodial And Maintenance
$1,847,013
Sparks451 Inc
Digital Media And Advertising
$218,448
Daly Paving
Construction Services
$163,100
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$1,392,023
Government grants $3,564,326
All other contributions, gifts, grants, and similar amounts not included above$6,705,675
Noncash contributions included in lines 1a–1f $794,359
Total Revenue from Contributions, Gifts, Grants & Similar$11,662,024
Total Program Service Revenue$20,692,155
Investment income $3,993,389
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $992,653
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $98,226
Miscellaneous Revenue$0
Total Revenue $37,909,785

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Houghton University has recieved totaling $2,200.

Awarding OrganizationAmount
King Scholarship Fund

Dallas, TX

PURPOSE: SCHOLARSHIP

$2,200
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$77,840,929
Earnings-$8,312,249
Net Contributions$2,747,441
Other Expense$1,422,579
Grants$988,465
Ending Balance$69,865,077

Peer Organizations

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Regis College
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$107,679,867
St Francis College
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$89,705,791
Utica University
Utica, NY
$105,142,781
College Of Mount Saint Vincent
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$110,010,056
Lebanon Valley College
Annville, PA
$104,612,783
Seton Hill University
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$99,847,300
Juniata College
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$100,031,718
Washington And Jefferson College
Washington, PA
$82,152,318

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