A new hyperluminous infrared galaxy in the IRAS Faint Source Catalog i
s identified at a redshift of 0.93. This object has a bolometric lumin
osity of approximately 10(13) L., a very large ratio of infrared-to-op
tical luminosity, warm dust emission, a ratio of infrared-to-radio flu
x densities consistent with other infrared galaxies, and an optical sp
ectrum similar to a Seyfert 2 galaxy. IRAS F15307+3552 shares these ch
aracteristics and its radio-to-optical spectral energy distribution wi
th two other infrared galaxies, F10214+4724 and P09104+4109. Discovery
of a third object with these properties defines an extreme subclass o
f ultraluminous galaxies powered primarily by star formation. The syst
ematic method used to find this object begins the process of determini
ng the space density of these most luminous examples of the infrared g
alaxy phenomenon.