Endicott College

Analysis

Endicott College is a registered charity in United States, based in Beverly, MA. It received its IRS tax-exemption ruling in March 1942, 84 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, Endicott College reported income of $195.9m and spending of $173.3m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $166.5m to $195.9m (+18%), an average of +4.2% a year. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Endicott 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 99th percentile within MA. Charities of a similar size with the same main cause include Barry University Inc ($195.0m), Rider University ($196.0m) and Spelman College ($194.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.0% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $1.9m (1.1% of expenses). Other salaries and wages came to $55.0m. At year end it held assets of $508.1m against liabilities of $143.2m, net assets of $364.9m. It reported 1,465 employees.