Trustees of Dartmouth College

Analysis

Trustees of Dartmouth College is a registered charity in United States, based in Hanover, NH. It received its IRS tax-exemption ruling in October 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Trustees of Dartmouth College reported income of $1.60bn and spending of $1.41bn, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.44bn to $1.60bn (+11%), an average of +2.6% a year. The sharpest change came in the year to June 2023, when income dropped by 18%. Over the whole period it spent 70% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Trustees of Dartmouth College sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within NH. Charities of a similar size with the same main cause include Liberty University Inc ($1.57bn), Thomas Jefferson University ($1.67bn) and Temple University-Of the Commonwealth System of Higher Educ ($1.54bn).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 27% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $13.7m (1.0% of expenses). Other salaries and wages came to $478.5m. It paid $77k in professional fundraising fees. At year end it held assets of $11.67bn against liabilities of $1.71bn, net assets of $9.96bn. It reported 9,965 employees.