Trustees of the Smith College

Analysis

Trustees of the Smith College is a registered charity in United States, based in Northampton, MA. It received its IRS tax-exemption ruling in April 1934, 92 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 the Smith College reported income of $587.5m and spending of $385.6m, leaving 34% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $371.9m to $587.5m (+58%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 48%. Over the whole period it spent 67% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Trustees of the Smith 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 MA. Charities of a similar size with the same main cause include Universite de Sherbrooke ($580.4m), Trustees of the Estate of Bernice Pauahi Bishop ($594.7m) and University of San Francisco ($575.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $7.3m (1.9% of expenses). Other salaries and wages came to $114.1m. At year end it held assets of $3.62bn against liabilities of $632.4m, net assets of $2.98bn. It reported 4,306 employees.