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Education · 2023 Form 990

President & Trustees Of Colby College: $287.5M Revenue, $222.0M Program Expenses

Waterville, Maine · EIN 010211497 · Filing year 2023

President & Trustees Of Colby College reported $287.5M in total revenue, $284.6M in total expenses, and $2.2B in total assets on its 2023 IRS Form 990. 78.0% of expenses ($222.0M) 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
$287.5M
Total Expenses
$284.6M
Program Expenses
$222.0M
Program Expense Ratio
78.0%
Total Assets
$2.2B
Reserve Months
94.6 months
EIN
010211497
Latest 990 Year
2023
Top Officer Compensation
Not reported

President & Trustees Of Colby 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.

Annual revenue at President & Trustees Of Colby College runs $287.5M (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.

Revenue has been roughly stable over the five-year filing window. The pattern is normal for established organizations operating in a mature program area. 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 & Trustees Of Colby 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.


$287.5M
Revenue
$284.6M
Expenses
$2.2B
Total Assets
78.0%
Program Spending

How President & Trustees Of Colby College Compares

President & Trustees Of Colby 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 94.6 months of operating reserves, indicating strong financial stability.

Financials

Where Your Donation Goes

$222.0M
Program Spending
78.0% of expenses
Not reported
CEO Compensation
94.6 mo
Reserve Months
of expenses in assets

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

Trend

Revenue History


President & Trustees Of Colby 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 & Trustees Of Colby College, Donor FAQ

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

President & Trustees Of Colby College reported $287.5M in annual revenue and $284.6M in total expenses for filing year 2023. The organization holds $2.2B in total assets.

For every dollar donated to President & Trustees Of Colby College, approximately 78.0 cents goes to program activities. The organization has 94.6 months of operating reserves, providing financial stability to sustain its mission.

President & Trustees Of Colby College is a registered 501(c) organization with EIN 010211497, based in Waterville, 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.