Earlham College

Analysis

Earlham College is a registered charity in United States, based in Richmond, IN. It received its IRS tax-exemption ruling in March 1935, 91 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, Earlham College reported income of $73.2m and spending of $84.3m, spending 115% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $87.3m to $73.2m (-16%), an average of -4.3% a year. The sharpest change came in the year to June 2021, when income rose by 92%. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Earlham College sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within IN. Charities of a similar size with the same main cause include Community Action Council for Lex- Fayette Bourb Harr Nich Counties ($73.2m), The Harrisburg University of Science and Technology ($73.4m) and Proteus Fund Inc ($73.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 48% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $2.3m (2.7% of expenses). Other salaries and wages came to $19.9m. It paid $39k in professional fundraising fees. At year end it held assets of $334.1m against liabilities of $90.5m, net assets of $243.6m. It reported 934 employees.