Maine · Nonprofit
Husson University
Husson University (Maine) receives grants from 96 organizations whose IRS filings report $10,173,186 to it, the largest being HAROLD ALFOND FOUNDATION ($6,700,000). 59 of them have funded it in more than one year.
- Revenue FY2025
- $95M
- Funders on record
- 96
- Grants received
- $10M
- Net assets
- $117M
What Husson University does
Mission
Husson University inspires and prepares students for professional careers in current and emerging fields within the context of an education informed by the sciences and humanities.
As stated on its FY2025 Form 990.
Programs
On its FY2024 return the organization reported a significant change in how it conducts a program.
Effective June 30, 2025, the University discontinued its Doctor of Pharmacy program.
Its own explanation, from Schedule O of that return (Part III, line 3).
For more than 125 years, Husson University has prepared future leaders to address the challenges of tomorrow through innovative undergraduate and graduate degrees.With a commitment to delivering affordable classroom, online and experiential learning opportunities, Husson University has come to represent superior value in higher education. Our Bangor campus provides advanced knowledge in business, health, science and humanities, as well as communication. In addition, Husson University has a robust online learning program.According to a recent analysis of tuition and fees by U.S. News & World Report, Husson University is one of the most affordable private colleges in New England. Education at Husson University produces results. Husson University is regionally accredited by the New England Council of Higher Education (NECHE). Regional accreditation applies to all programs. The University is also accredited by the International Accreditation Council for Business Education (IACBE), the Commission on Collegiate Nursing Education (CCNE), the Accreditation Council for Occupational Therapy (ACOTE), the Commission on Accreditation in Physical Therapy Education (CAPTE), and the Council for…
$78,984,128 spentof which $31,284,870 as grants$74,515,340 earned by the program89% of program spendingAuxiliary ServicesThe Auxiliary Services department provides a variety of support services designed to enhance the Husson educational and student experience for the University. Serving a diverse set of stakeholders, Auxiliary services works to ensuring the continued success of the University in a fiscally responsible manner while reducing risk for the institution.Services provided by this department include dining, maintenance, custodial, environmental health, safety, security, grounds keeping, the bookstore, and capital facility project management.Dining services seeks to provide a variety of wholesome, nutritious foods that meet the diverse needs of the Husson University community.Husson offers a variety of housing options for over 1,000 students which includes Hart Hall, Carlisle Hall, Bell Hall, the Darling Learning Center, and the Townhouses. The Living Learning Center can house up to 240 students. Each suite in the Darling Learning Center features suite-style living for four students. Three townhouse buildings have room for 72 students. Each townhouse has six two-story fully furnished apartments. The campus also includes the Dyke Center for Family Business, Gracie Theatre,…
$10,056,372 spent$14,711,762 earned by the program11% of program spending
The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $89,040,500.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $128M to $142M (+11%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 1% · 2018 1% · 2019 1% · 2020 4% · 2021 11% · 2022 10% · 2023 8% · 2024 2% · 2025 1%. Grants only. Government contracts and fees sit inside program revenue.
3% of Husson University’s revenue is contributions — more earned-revenue than three-quarters of its peers (23% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Daniel R Hutchins
Chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 19 funders to 46 funders, grant income rose $116k → $1.3M.
4 of 96 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 6% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of Husson University’s funders (the co-funder graph). Top 30 of 96 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
Husson University leans on a few funders — its largest provides 66% of grant income and the top three 73%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2017 24% · 2018 64% · 2019 25% · 2020 89% · 2021 20% · 2022 87% · 2023 40% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
50% of Husson University's funders are still giving 3 years after their first grant; 61% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
90% of Husson University's grant income comes from Maine funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $586k arriving through sponsors registered in 4 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
Husson University's funding base is broadening — from 19 funders to 46 as grant income climbed.
this organization peer median middle 50% of peers· 3,758 education nonprofits $10M–$100M, FY2025
Government funding Husson University receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $19.6M on record.
- Department of Education$18.4M
- Department of Health and Human Services$676k
- Department of Agriculture$500k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like Husson University
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Maine
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
90% of spending goes to programs.
Governance
Public support
79%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Part of a family of 1 related entity
- Charitable Remainder Unitrusts (2) · corp_trust
Screen this organization
A dated, signed PDF of the compliance screen for Husson University: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds Husson University?
- Husson University (Maine) receives grants from 96 organizations whose IRS filings report $10,173,186 to it, the largest being HAROLD ALFOND FOUNDATION ($6,700,000). 59 of them have funded it in more than one year.
- How many funders does Husson University have?
- IRS filings report 96 organizations giving $10,173,186 in grants to Husson University, 59 of which have funded it in more than one year.
- Who is the largest funder of Husson University?
- HAROLD ALFOND FOUNDATION is the largest funder on record, with $6,700,000 in grants. The full list of funders is on this page.
- How can an organization like Husson University find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Maine. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Husson University →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 96 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing