Whitman College Board of Trustees

Analysis

Whitman College Board of Trustees is a registered charity in United States, based in Walla Walla, WA. It received its IRS tax-exemption ruling in March 1920, 106 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, Whitman College Board of Trustees reported income of $163.9m and spending of $155.6m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $120.2m to $163.9m (+36%), an average of +8.1% a year. The sharpest change came in the year to June 2022, when income rose by 22%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Whitman College Board of Trustees sits at the 99th 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 WA. Charities of a similar size with the same main cause include College of Wooster ($163.7m), Florida Southern College ($164.8m) and Queens Borough Public Library ($163.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 15% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $2.2m (1.4% of expenses). Other salaries and wages came to $38.4m. At year end it held assets of $1.02bn against liabilities of $119.9m, net assets of $896.4m. It reported 1,652 employees.