Ripon College Board of Trustees

Analysis

Ripon College Board of Trustees is a registered charity in United States, based in Ripon, WI. It received its IRS tax-exemption ruling in August 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, Ripon College Board of Trustees reported income of $75.4m and spending of $55.6m, leaving 26% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $53.7m to $75.4m (+41%), an average of +8.9% a year. The sharpest change came in the year to June 2022, when income rose by 18%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ripon College Board of Trustees 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 WI. Charities of a similar size with the same main cause include The College of Idaho Inc ($75.4m), Bolles School ($75.4m) and Westminster University ($75.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 28% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $151k (0.3% of expenses). Other salaries and wages came to $11.1m. At year end it held assets of $193.7m against liabilities of $39.5m, net assets of $154.3m. It reported 699 employees.