Hult International Business School
Overview
Mission
Hult international business school is a global institution that transforms lives by providing an exceptionally valuable and enduring education that brings together people, cultures, and ideas from all around the world. The school encourages personal growth, intellectual integrity, global sensitivity, local engagement, and civic values, so that students are able to flourish in the global economy and are empowered to contribute meaningfully to their business and community.
What it reported doing in 2024
The school offers one year masters programs in business administration, finance, international business and international marketing, as well as a bachelors program in business administration, to a broadly-based international student body. The school has campus locations in cambridge, Massachusetts, and san francisco, California, and also services students in london, united kingdom and dubai, united arab emirates. During the 2025 academic year, the school had approximately 3,700 students enrolled in all programs.
Operating model
- Revenue model
- Earned-program. 98% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 66% for direct work, and 34% for grants.
Nonprofit profile at a glance
- EIN
- 043348440
- IRS 990 coverage
- 2011–2024
- Website reviewed
- Jul 2026
- Forms available
- Form 990 2024
- Headquarters
- Cambridge, MA, USA
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and available reserves provide a limited financial cushion.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 68
- Accountability: 79
- Sustainability: 34
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 88%; rating input score 88
- Program expense ratio: 89.6%; rating input score 90
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 71st percentile among comparable filings
- Pay-setting controls: 5 of 6 controls in place; rating input score 83
- Foreign activity oversight: 0 of 8 controls in place; rating input score 0
- Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
- Public monitoring controls: 0 of 8 controls in place; rating input score 0
- Public policy transparency: 1 of 7 controls in place; rating input score 14
- Public financial transparency: 0 of 5 controls in place; rating input score 0
- Impact reporting controls: 0 of 7 controls in place; rating input score 0
- Public relationship transparency: No; rating input score 0
Accountability
- Independent voting board: 88.9%; rating input score 89; 34th percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Public governance controls: 0 of 4 controls in place; rating input score 0
- Zakat policy transparency: Limited
Sustainability
- Operating margin: 1.2%; rating input score 38; 38th percentile among comparable filings
- Operating reserve ratio: 0.55; rating input score 20; 20th percentile among comparable filings
- Liabilities to assets ratio: 0.83; rating input score 16; 16th percentile among comparable filings
- Officer compensation ratio: 1.2%; rating input score 71; 71st percentile among comparable filings
Growth
- Program expense growth: 13.5% per year; rating input score 100; 84th percentile among comparable filings
- Revenue growth: 14.4% per year; rating input score 100; 87th percentile among comparable filings
- Asset growth: 15.8% per year; rating input score 100; 87th percentile among comparable filings
Details
- What they do: 1 programs and campaigns described on the official site
- Where the money goes: 88% of revenue deployed · 89.6% of spending went to programs
- Governance: 8 of 9 board members independent · 8 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $192.8M in reported program spending
- Leadership: top reported pay $407K · 16 people listed · 5 of 6 pay-setting controls reported
- Consistency: 34 of 34 current checks pass
- Schedules: 10 filed schedules · includes major donors, foreign activity, grants, executive pay, and related organizations
- Filing history: 13 annual filings from 2011 to 2024
- Money network: 6 filed money-flow records
- Related organizations: Filed and resolved organization relationships.