University of New England

Biddeford, ME, 04005 (207) 602-2312 Est. 1831 EIN 01-0211810

B430 - Education 990 - Public charity return 501(c)(3)

www.une.edu

Mission

The University of New England prepares students to thrive in a rapidly-changing world and, in so doing, to improve the health of people, communities, and our planet.

Financials

Total Revenue

$322,835,606

Total Expenses

$277,318,637

Net Assets

$645,556,021

3,178 employees 24 volunteers

From latest filing (tax period ending 2025-05-31)

Financial Health

Operating Reserve

2.3 years Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 6.4%

Expenses ↑ 8.1%

Revenue Sources

Contributions 12.7% Earned revenue 78.9% Investment 6.2% Other 2.0%

Expense Breakdown

Program 89.6% Management 9.1% Fundraising 1.2%

Officers & Key Employees (34)

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Grants Received (344)

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Filing History (7 filings)

Year	Revenue	Expenses	Net Assets
2024 990 - Public charity return Jun 1, 2024 to May 31, 2025	$322,835,606 ↑	$277,318,637	$645,556,021
2023 990 - Public charity return Jun 1, 2023 to May 31, 2024	$303,386,239 ↑	$256,436,740	$585,469,154
2022 990 - Public charity return Jun 1, 2022 to May 31, 2023	$282,092,734 ↑	$240,884,585	$517,708,462
2021 990 - Public charity return Jun 1, 2021 to May 31, 2022	$270,155,659 ↓	$228,855,187	$476,539,763
2020 990 - Public charity return Jun 1, 2020 to May 31, 2021	$272,571,933 ↑	$226,354,856	$444,531,654
2019 990 - Public charity return Jun 1, 2019 to May 31, 2020	$268,322,443 ↑	$233,688,721	$389,384,670
2017 990 - Public charity return Jun 1, 2017 to May 31, 2018	$267,296,474	$230,981,584	$320,489,322