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Education · 2023 Form 990

President And Trustees Of Bates College: $192.1M Revenue, $140.0M Program Expenses

Lewiston, Maine · EIN 010211781 · Filing year 2023

President And Trustees Of Bates College reported $192.1M in total revenue, $179.5M in total expenses, and $880.5M in total assets on its 2023 IRS Form 990. 78.0% of expenses ($140.0M) went directly to programs. Top officer compensation is not reported on this 990 filing. Overall efficiency grade: B (68/100).

Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.

B
Efficiency Score
68/100

Key Facts (2023 Form 990)

Total Revenue
$192.1M
Total Expenses
$179.5M
Program Expenses
$140.0M
Program Expense Ratio
78.0%
Total Assets
$880.5M
Reserve Months
58.9 months
EIN
010211781
Latest 990 Year
2023
Top Officer Compensation
Not reported

The efficiency rubric puts President And Trustees Of Bates College at a B grade: a composite of 68/100 that lands above the national midpoint. The grade reflects solid program-spending discipline alongside reasonable executive compensation and financial reserves.

Annual revenue at President And Trustees Of Bates College runs $192.1M (2023), placing it among the larger U.S. nonprofits in the IRS Form 990 dataset. Program-spending efficiency is strong: 80% of total expenses flow to program activities, above the 75% benchmark most third-party charity raters use.

Five-year revenue is essentially flat — President And Trustees Of Bates College's funding base appears stable but not growing. For mature organizations this is often the steady state; for younger ones it can signal a funding plateau worth diagnosing. CEO compensation is reported as zero in the filing — typical for nonprofits where the chief executive is paid through a related entity (parent system, university, or foundation) rather than the filing organization itself, or for small organizations whose chief is a volunteer or board member. In the Education category, President And Trustees Of Bates 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 ratios should be read.


$192.1M
Revenue
$179.5M
Expenses
$880.5M
Total Assets
78.0%
Program Spending

How President And Trustees Of Bates College Compares

President And Trustees Of Bates College directs 78.0% of spending to programs, meeting the 65% minimum recommended by charity watchdogs. Its efficiency score of 68/100 is 6 points below the Education category average. The organization holds 58.9 months of operating reserves, indicating strong financial stability.

Financials

Where Your Donation Goes

$140.0M
Program Spending
78.0% of expenses
Not reported
CEO Compensation
58.9 mo
Reserve Months
of expenses in assets

Based on IRS tax-exempt organization data, for every dollar donated to President And Trustees Of Bates College, approximately 78.0 cents goes directly to program activities. The remaining funds cover administrative costs, fundraising, and management expenses.

Trend

Revenue History


President And Trustees Of Bates College has an Efficiency Score of B (68/100). Approximately 78.0% of expenses go directly to program activities, with the remainder covering administration and fundraising.

President And Trustees Of Bates College, Donor FAQ

President And Trustees Of Bates College has an Efficiency Score of B (68/100). Approximately 78.0% of expenses go directly to program activities, with the remainder covering administration and fundraising.

CEO/officer compensation for President And Trustees Of Bates College is not reported in the most recent IRS 990 filing on file.

President And Trustees Of Bates College reported $192.1M in annual revenue and $179.5M in total expenses for filing year 2023. The organization holds $880.5M in total assets.

For every dollar donated to President And Trustees Of Bates College, approximately 78.0 cents goes to program activities. The organization has 58.9 months of operating reserves, providing financial stability to sustain its mission.

President And Trustees Of Bates College is a registered 501(c) organization with EIN 010211781, based in Lewiston, Maine. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.

Sources: IRS 990 Filings, ProPublica Nonprofit Explorer
Last updated:

Financial data is sourced from IRS 990 filings via ProPublica Nonprofit Explorer. Efficiency Scores combine program spending ratio (50%), revenue growth (20%), reserve months (20%), and CEO compensation ratio (10%). Filing data may lag 6-18 months from the tax year.