Trustees of Mount Holyoke College

Analysis

Trustees of Mount Holyoke College is a registered charity in United States, based in South Hadley, MA. It received its IRS tax-exemption ruling in July 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, Trustees of Mount Holyoke College reported income of $283.9m and spending of $235.3m, spending 83% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $217.7m to $283.9m (+30%), an average of +6.9% a year. The sharpest change came in the year to June 2021, when income rose by 46%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Trustees of Mount Holyoke 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 Alliance College-Ready Public Schools ($283.3m), Brock University ($286.9m) and University of New England ($282.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.7% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $3.3m (1.4% of expenses). Other salaries and wages came to $72.2m. At year end it held assets of $1.44bn against liabilities of $276.2m, net assets of $1.16bn. It reported 2,951 employees.