Bennington College

Analysis

Bennington College is a registered charity in United States, based in Bennington, VT. It received its IRS tax-exemption ruling in May 1957, 69 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, Bennington College reported income of $76.4m and spending of $83.2m, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $72.0m to $76.4m (+6.2%), an average of +1.5% a year. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bennington College sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within VT. Charities of a similar size with the same main cause include Wabash College ($76.3m), Methodist University Inc ($76.5m) and Whittier College ($76.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 22% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $1.4m (1.6% of expenses). Other salaries and wages came to $21.3m. At year end it held assets of $151.3m against liabilities of $61.1m, net assets of $90.3m. It reported 1,028 employees.