President & Fellows of Middlebury College

Analysis

President & Fellows of Middlebury College is a registered charity in United States, based in Middlebury, VT. It received its IRS tax-exemption ruling in May 1944, 82 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, President & Fellows of Middlebury College reported income of $456.0m and spending of $401.0m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $391.5m to $456.0m (+16%), an average of +3.9% a year. The sharpest change came in the year to June 2022, when income rose by 29%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, President & Fellows of Middlebury 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 VT. Charities of a similar size with the same main cause include Belmont University ($454.0m), Early Learning Coalition of Miami- Dade Monroe ($460.0m) and University of Illinois Foundation ($450.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $4.0m (1.0% of expenses). Other salaries and wages came to $136.0m. At year end it held assets of $2.02bn against liabilities of $453.5m, net assets of $1.56bn. It reported 4,889 employees.