Is President And Fellows Of Harvard College a Good Charity?
President And Fellows Of Harvard College has a NonprofitTruth Efficiency Score of 55/100 (C), based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue. Current-officer compensation: $14,742,758.
This page answers a common question about U.S. nonprofit financial efficiency: Is President And Fellows Of Harvard College a Good Charity?. The answer below pulls directly from IRS Form 990 filings — the public-disclosure document every U.S. tax-exempt organization must file annually — and the NonprofitTruth efficiency rubric that combines financial-reserve, revenue-consistency, and officer-compensation factors into a single grade. Why this matters: every U.S. taxpayer subsidizes the nonprofit sector indirectly — donations are tax-deductible, nonprofit income is exempt, and many nonprofit employees benefit from sector-specific tax provisions. The public-disclosure regime exists specifically to give donors and policy-makers the data they need to judge whether the subsidy is well-spent on a given organization.
The detailed answer below uses the actual Form 990 numbers, explains how to read them, and translates the technical accounting into the donor-relevant version of the question.
President And Fellows Of Harvard College is a education nonprofit based in Cambridge, Massachusetts with IRS EIN 042103580. According to its Form 990 filing for tax year 2023, the organization reported $6.1B in total revenue, $6.3B in total expenses, and $70.6B in net assets.
A program-vs-overhead split is not shown for President And Fellows Of Harvard College because total program service expenses (Form 990 Part IX, line 25, column B) are not carried in the ProPublica Nonprofit Explorer feed this site ingests. Rather than estimate the figure, we omit it; the breakdown can be read directly from the organization's e-filed Form 990 or on Candid (GuideStar).
Compensation for current officers and key employees at President And Fellows Of Harvard College totaled $14,742,758 in 2023, representing approximately 24.4 basis points (0.24%) of total revenue. The NonprofitTruth Efficiency Score of 55/100 weights financial health / operating reserves (40%), multi-year revenue consistency (35%), and officer compensation relative to revenue (25%), producing a grade of C.
Key Data
| Metric | Value |
|---|---|
| Efficiency Score | 55/100 (C) |
| Total Revenue | $6.1B |
| Total Expenses | $6.3B |
| Current-Officer Compensation | $14,742,758 |
| Category | Education |
Other Education Nonprofits
Frequently Asked Questions
President And Fellows Of Harvard College has a NonprofitTruth Efficiency Score of 55/100 (C), based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue. Current-officer compensation: $14,742,758.
President And Fellows Of Harvard College reported $14,742,758 in total compensation for current officers and key employees for tax year 2023 (IRS Form 990 Part IX, line 5) — about 0.24% of the organization's $6.1B in revenue. This is an aggregate across all listed officers, not one person's salary.
President And Fellows Of Harvard College reported $6.1B in total revenue for tax year 2023, with $70.6B in net assets.
Officer compensation at President And Fellows Of Harvard College works out to about 0.24% of total revenue (24.4 basis points). At roughly 0.24% of revenue, officer pay here is modest relative to the organization's scale. On our rubric, the officer-compensation factor scored 100/100.
The NonprofitTruth Efficiency Score weights three factors from IRS Form 990 data: financial health / operating reserves (40%), multi-year revenue consistency (35%), and officer compensation relative to revenue (25%). It does not estimate a program-spending ratio. President And Fellows Of Harvard College scored 55/100 (grade C).
More about President And Fellows Of Harvard College
President And Fellows Of Harvard College has a NonprofitTruth Efficiency Score of 55/100 (C), based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue. Current-officer compensation: $14,742,758.