Colby-Sawyer College
Colby-Sawyer College reported $48.2 million in revenue and $46.6 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $74.04 went to program services, $23.68 to management and general costs and $2.28 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 66.8% of the total. The highest compensation it reported for one person was $221,214 (VP Academic). 17 people received more than $100,000 in reportable compensation. Revenue fell 20% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $47MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $48M- Contributions & grants (non-government)$24.83 $12M
- Government grants$0.96 $460K
- Program service revenue$66.80 $32M
- Investment income$7.41 $3.6M
Other revenue was negative: −$5,213. The bar shows the positive sources only.
The 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 74.0% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 23.7% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 2.3% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.09 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 25.8% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 1.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 66.8% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $221,214 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.47% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 17 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 30.1 | 13.3 |
| Independent voting board members Part VI 1a–1b | 19 of 19 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseThe institution offered a comprehensive, private, liberal arts education, with degrees granted at the associates, bachelors, masters and doctorate level. Traditional undergraduate students in the bachelor degree programs completed a liberal arts core and chose from nineteen majors and twenty-six minors, many of which focused on pre-professional preparation. All traditional undergraduates were required to complete at least one internship and a senior capstone project. The Class of 2022 reported a 100 percent success rate (employed or in graduate school) six months after graduation. Many of the…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| VP Academic Highest compensated employee, 40.00 hrs/week | $198,074 | $0 | $23,140 | $221,214 |
| Past Interim President Officer, 40.00 hrs/week | $192,604 | $0 | $19,432 | $212,036 |
| VP Enrollment Management Highest compensated employee, 40.00 hrs/week | $165,283 | $0 | $37,782 | $203,065 |
| Former President Former, 0.00 hrs/week | $183,386 | $0 | $19,064 | $202,450 |
| VP of Finance & Administration Officer, 40.00 hrs/week | $193,208 | $0 | $4,839 | $198,047 |
| Associate Dean Highest compensated employee, 40.00 hrs/week | $154,448 | $0 | $38,666 | $193,114 |
| VP Student Development Highest compensated employee, 40.00 hrs/week | $137,057 | $0 | $37,156 | $174,213 |
| VP Advancement Highest compensated employee, 40.00 hrs/week | $165,400 | $0 | $3,665 | $169,065 |
17 people received more than $100,000 in reportable compensation from Colby-Sawyer College (Part VII, line 2). Compensation of current officers, directors and key employees totaled $410K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b19 · 19 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aNo
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5759
- Volunteers Part I, line 660
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| HP Cummings Construction Co Construction | $9,899,760 |
| Eat'N Park Hospitality Group Food & Maintenance | $3,402,511 |
| JenSpark Inc Consulting | $357,790 |
| Capture LLC Consulting | $353,087 |
| Ernst & Young US LLP Consulting | $259,963 |
Individuals listed as contractors are left out. 15 contractors were paid more than $100,000 in all.
Private foundation grants it received
46 private foundations reported grants to Colby-Sawyer College totaling $7.5M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Colby-Sawyer College's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Colby-Sawyer College, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Colby-Sawyer College spent in FY2025, $74.04 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Malvern Preparatory SchoolMalvern, PA · revenue $48M · programs 77.4% · FY2025
- Carnegie Library of PittsburghPittsburgh, PA · revenue $48M · programs 85.1% · 2025
- Yosemite Valley Charter SchoolFresno, CA · revenue $48M · programs 91.6% · FY2025
- College Heights FoundationBowling Green, KY · revenue $48M · programs 83.4% · 2024
- COMMIT2DALLASDallas, TX · revenue $48M · programs 83.5% · FY2025
All education charities · Largest charities in New Hampshire
Questions people ask
How much of Colby-Sawyer College's spending goes to programs?
In the fiscal year ending June 30, 2025, Colby-Sawyer College reported that 74.0% of its $46.6 million in expenses went to program services, 23.7% to management and general and 2.3% to fundraising (Form 990, Part IX).
How much does Colby-Sawyer College pay its top executive?
The largest total compensation Colby-Sawyer College reported for one person in the fiscal year ending June 30, 2025 was $221,214, for the role of VP Academic (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Colby-Sawyer College get its money?
Of $48.2 million in revenue in the fiscal year ending June 30, 2025, 25.8% came from contributions and grants (including 1.0% from government grants) and 66.8% from program service revenue (Form 990, Part VIII).
Is Colby-Sawyer College a registered charity?
The IRS lists EIN 02-0222120 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202601359349305040 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202530599349300313 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202440829349300264 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202300549349300800 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202240499349301509 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202140469349300529 · read the filing
All filings for EIN 02-0222120: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.