Connecticut College: $182.1M Revenue, $192.0M Expenses

Connecticut College pulls a D on the efficiency rubric. The composite of 49/100 reflects below-median performance on the bundle of factors — typically driven by thin operating reserves, volatile revenue, or outsized officer compensation relative to organizational size.

Annual revenue at Connecticut College runs $182.1M (2023), placing it among the larger U.S. nonprofits in the IRS Form 990 dataset. On the financial-health factor, Connecticut College runs thin — assets relative to annual spending fall below the cushion nonprofit-finance experts typically recommend.

Revenue trend is mildly positive across the five-year filing window — modest growth, consistent with stable funding sources keeping pace with organizational costs. Officer compensation is modest relative to organizational size: Connecticut College reports $1.7M in total compensation for current officers and key employees (Form 990 Part IX, line 5) against $182.1M in revenue. The ratio is well within the bands third-party charity raters consider reasonable at this scale. In the Education category, Connecticut College sits alongside universities, K-12 systems, scholarship funds, and education-research organizations. Education-sector nonprofits often hold large endowments, which affects how the reserves-and-revenue figures should be read.