Champlain College Inc

Analysis

Champlain College Inc is a registered charity in United States, based in Burlington, VT. It received its IRS tax-exemption ruling in April 1968, 58 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, Champlain College Inc reported income of $128.5m and spending of $129.8m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $125.1m to $128.5m (+2.7%), an average of +0.7% a year. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Champlain College Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 100th percentile within VT. Charities of a similar size with the same main cause include Riverwalk Education Foundation Inc ($128.4m), Ohba Ohio Virtual Academy ($128.7m) and Franciscan University of Steubenville ($128.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.2% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $2.6m (2.0% of expenses). Other salaries and wages came to $36.1m. At year end it held assets of $221.6m against liabilities of $83.4m, net assets of $138.2m. It reported 1,597 employees.