Williams College

Analysis

Williams College is a registered charity in United States, based in Williamstown, MA. It received its IRS tax-exemption ruling in June 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, Williams College reported income of $424.1m and spending of $357.0m, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $469.1m to $424.1m (-9.6%), an average of -2.5% a year. The sharpest change came in the year to June 2022, when income rose by 40%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Williams 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 High Point University ($422.1m), Corporation of Gonzaga University ($424.2m) and Berklee College of Music Inc ($422.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 18% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $3.8m (1.1% of expenses). Other salaries and wages came to $119.1m. At year end it held assets of $4.82bn against liabilities of $946.5m, net assets of $3.87bn. It reported 3,660 employees.