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Education · 2023 Form 990

President & Fellows Of Middlebury College: $456.0M Revenue, $312.7M Program Expenses

Middlebury, Vermont · EIN 030179298 · Filing year 2023

President & Fellows Of Middlebury College reported $456.0M in total revenue, $401.0M in total expenses, and $2.0B in total assets on its 2023 IRS Form 990. 78.0% of expenses ($312.7M) 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
$456.0M
Total Expenses
$401.0M
Program Expenses
$312.7M
Program Expense Ratio
78.0%
Total Assets
$2.0B
Reserve Months
60.3 months
EIN
030179298
Latest 990 Year
2023
Top Officer Compensation
Not reported

President & Fellows Of Middlebury College grades a B on the nonprofit efficiency rubric. 68/100 on the composite — above the national median, with strong performance on some factors balanced by middling performance on others.

President & Fellows Of Middlebury College is a large nonprofit by U.S. standards: $456.0M in 2023 revenue against $401.0M in expenses. Organizations in this revenue bracket usually run multiple programs with permanent staff and a meaningful endowment or reserve. 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 has grown modestly. President & Fellows Of Middlebury College is not expanding rapidly but is not shrinking either; the trajectory is consistent with stable donor and grant relationships. 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 & Fellows Of Middlebury 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.


$456.0M
Revenue
$401.0M
Expenses
$2.0B
Total Assets
78.0%
Program Spending

How President & Fellows Of Middlebury College Compares

President & Fellows Of Middlebury 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 60.3 months of operating reserves, indicating strong financial stability.

Financials

Where Your Donation Goes

$312.7M
Program Spending
78.0% of expenses
Not reported
CEO Compensation
60.3 mo
Reserve Months
of expenses in assets

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

Trend

Revenue History


President & Fellows Of Middlebury 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 & Fellows Of Middlebury College, Donor FAQ

President & Fellows Of Middlebury 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 & Fellows Of Middlebury College is not reported in the most recent IRS 990 filing on file.

President & Fellows Of Middlebury College reported $456.0M in annual revenue and $401.0M in total expenses for filing year 2023. The organization holds $2.0B in total assets.

For every dollar donated to President & Fellows Of Middlebury College, approximately 78.0 cents goes to program activities. The organization has 60.3 months of operating reserves, providing financial stability to sustain its mission.

President & Fellows Of Middlebury College is a registered 501(c) organization with EIN 030179298, based in Middlebury, Vermont. 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.