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Education · 2023 Form 990

Trustees Of Amherst College: $379.3M Revenue, $401.2M Expenses

Amherst, Massachusetts · EIN 042103542 · Filing year 2023

Trustees Of Amherst College reported $379.3M in total revenue, $401.2M in total expenses, and $5.3B in total assets on its 2023 IRS Form 990. Total compensation for current officers and key employees was $8.5M (2.23% of revenue). NonprofitTruth efficiency grade: D (45/100).

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

Reviewed by NonprofitTruth Editorial Team · Updated
D
Efficiency Score
45/100

Key Facts (2023 Form 990)

Total Revenue
$379.3M
Total Expenses
$401.2M
Total Assets
$5.3B
Reserve Months
158.6 months
Surplus / (Deficit)
$-21,910,351
EIN
042103542
Latest 990 Year
2023
Current-Officer Compensation
$8.5M
Officer Comp % of Revenue
2.23%

Trustees Of Amherst College pulls a D on the efficiency rubric. The composite of 45/100 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.

Trustees Of Amherst College is a large nonprofit by U.S. standards: $379.3M in 2023 revenue against $401.2M in expenses. Organizations in this revenue bracket usually run multiple programs with permanent staff and a meaningful endowment or reserve. Reserves are the limiting factor: Trustees Of Amherst College carries relatively few months of operating expenses on its balance sheet, which can leave an organization exposed if a major funding source pauses.

Five-year revenue trend is mildly negative: a modest decline that could reflect grant-cycle timing, donor turnover, or program wind-down. Worth checking against the program-spending pattern to see whether the decline is structural. Compensation for current officers and key employees runs $8.5M against $379.3M in revenue — within the band third-party charity raters typically consider reasonable for an organization of this size and complexity. This is an aggregate across all listed officers, not a single executive's salary. In the Education category, Trustees Of Amherst 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.


$379.3M
Revenue
$401.2M
Expenses
$5.3B
Total Assets
$8.5M
Officer Compensation

How Trustees Of Amherst College Compares

Trustees Of Amherst College earns a NonprofitTruth efficiency grade of D (45/100). That is 19 points below the Education category average. Compensation for current officers and key employees represents 2.23% of total revenue. The organization holds 158.6 months of operating reserves, indicating strong financial cushion.

Financials

990 Financial Snapshot

$401.2M
Total Expenses
Filing year 2023
$8.5M
Officer Compensation
2.23% of revenue
158.6 mo
Reserve Months
of expenses in assets

Based on IRS tax-exempt organization data, Trustees Of Amherst College reported $379.3M in revenue against $401.2M in total functional expenses for filing year 2023, holding roughly 158.6 months of operating reserves. A program-vs-overhead split is not shown here because total program service expenses (Form 990 Part IX, line 25, column B) are not available in the ProPublica Nonprofit Explorer feed this site ingests; that breakdown can be read directly from the organization’s e-filed 990.

The 990 reports $8.5M in total compensation for current officers, directors, trustees, and key employees (Part IX, line 5) — 2.23% of total revenue. This is an aggregate across all listed officers; per-person amounts appear on Schedule J.

Trend

Revenue History

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Trustees Of Amherst College has a NonprofitTruth Efficiency Score of D (45/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.

Trustees Of Amherst College, Donor FAQ

Trustees Of Amherst College has a NonprofitTruth Efficiency Score of D (45/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.

Trustees Of Amherst College reports $8.5M in total compensation for current officers, directors, trustees, and key employees (IRS Form 990 Part IX, line 5), representing 2.23% of the organization's $379.3M in annual revenue. This is an aggregate figure for all listed officers, not a single executive's salary; per-person pay is detailed on Schedule J of the 990.

Trustees Of Amherst College reported $379.3M in annual revenue and $401.2M in total expenses for filing year 2023. The organization holds $5.3B in total assets.

Trustees Of Amherst College holds approximately 158.6 months of operating reserves (total assets relative to annual expenses) based on its 2023 IRS Form 990, one input into its D efficiency grade.

Trustees Of Amherst College is a registered 501(c) organization with EIN 042103542, based in Amherst, Massachusetts. 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 Form 990 filings via ProPublica Nonprofit Explorer. The Efficiency Score combines three signals the 990 feed actually reports: financial health / operating reserves (40%), multi-year revenue consistency (35%), and current-officer compensation relative to revenue (25%). It does not include a program-spending ratio, because total program service expenses are not exposed by the ProPublica feed; no program ratio is estimated. Filing data may lag 6-18 months from the tax year.