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Norwich University

Northfield, VT · EIN 03-0179424 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending May 31, 2025 (tax year 2024) · View the filing · Correct or respond

Norwich University reported $192.0 million in revenue and $199.4 million in expenses for the fiscal year ending May 31, 2025. Of every $100 it spent, $88.60 went to program services, $9.77 to management and general costs and $1.63 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 74.3% of the total. Government grants made up 14.2%. The highest compensation it reported for one person was $354,962 (Provost). 82 people received more than $100,000 in reportable compensation. Revenue rose 8% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending May 31, 2025 · Form 990, Part IX, line 25 · total expenses $199M

For 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 May 31, 2025 · Form 990, Part VIII · total revenue $192M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
88.6%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
9.8%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
1.6%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
18.9%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
14.2%1.1%
Program service revenue share
Part VIII 2g ÷ 12
74.3%69.9%
Highest reported compensation
Part VII-A, columns D–F
$354,962$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.18%1.28%
People paid over $100,000
Part VII, line 2
828
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
26.413.3
Independent voting board members
Part VI 1a–1b
27 of 28100.0%

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 expense
$155M expenses · 87.6% of program spending · grants $80M · revenue $139M

Instructional - student body of over 3,000 graduate and undergraduate students. Library and computer center servicing student body, faculty and staff. Web-based instructional platform supporting over 1,000 graduate and undergraduate students. Students receive campus-based grants, scholarships and awards coupled with aid from federally funded programs

$22M expenses · 12.4% of program spending · revenue $11M

Auxiliary enterprises and other student services include cafeteria, dormitories, bookstore and uniform shop servicing the undergraduate population of over 2,000 undergraduate students

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
Provost
Officer, 40.00 hrs/week
$321,509$0$33,453$354,962
President
Director/trustee, officer, 40.00 hrs/week
$277,413$0$56,889$334,302
Dir & Ass. Prof of Nursing
Key employee, 40.00 hrs/week
$223,638$0$41,523$265,161
Professor of Computer Security
Highest compensated employee, 30.00 hrs/week
$204,320$0$33,836$238,156
Commandant and VP Student Affairs
Officer, 40.00 hrs/week
$188,807$0$40,761$229,568
VP of Enrollment Management
Key employee, 40.00 hrs/week
$187,876$0$28,966$216,842
VP Development
Key employee, 40.00 hrs/week
$203,077$0$13,552$216,629
Professor
Highest compensated employee, 30.00 hrs/week
$173,731$0$37,010$210,741

82 people received more than $100,000 in reportable compensation from Norwich University (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.7M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$100M$200M$300M$400MFY2020FY2021FY2022FY2023FY2024FY2025$192M$199M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$192M$199M88.6%$439M$354,962
FY2024 ⓘ$199M$198M87.5%$427M$466,920
FY2023 ⓘ$193M$197M88.6%$392M$462,293
FY2022 ⓘ$204M$194M87.7%$413M$465,970
FY2021 ⓘ$181M$177M86.6%$457M$1,358,735
FY2020 ⓘ$178M$179M87.0%$333M$570,709

Governance 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–1b28 · 27 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 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 51,707
  • Volunteers Part I, line 6500

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
Sodexo Inc
Food services
$7,683,061
EF Wall & Associates Inc
General Contractor
$1,975,329
Ellucian Company LLC
ERP Software Provider
$1,655,379
Jones Architecture Inc
Architecture and Design services
$1,080,863
Boundless Learning DBA Embanet
Online Learning services
$933,027

Individuals listed as contractors are left out. 32 contractors were paid more than $100,000 in all.

Private foundation grants it received

36 private foundations reported grants to Norwich University totaling $866K 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 Norwich University's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Norwich University, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Vermont

Questions people ask

How much of Norwich University's spending goes to programs?

In the fiscal year ending May 31, 2025, Norwich University reported that 88.6% of its $199.4 million in expenses went to program services, 9.8% to management and general and 1.6% to fundraising (Form 990, Part IX).

How much does Norwich University pay its top executive?

The largest total compensation Norwich University reported for one person in the fiscal year ending May 31, 2025 was $354,962, for the role of Provost (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Norwich University get its money?

Of $192.0 million in revenue in the fiscal year ending May 31, 2025, 18.9% came from contributions and grants (including 14.2% from government grants) and 74.3% from program service revenue (Form 990, Part VIII).

Is Norwich University a registered charity?

The IRS lists EIN 03-0179424 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 May 31, 2025, object 202631049349302078 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending May 31, 2024, object 202531049349301958 · read the filing
  • FY2023: Form 990 for the fiscal year ending May 31, 2023, object 202401049349300030 · read the filing
  • FY2022: Form 990 for the fiscal year ending May 31, 2022, object 202341039349300634 · read the filing
  • FY2021: Form 990 for the fiscal year ending May 31, 2021, object 202231039349301718 · read the filing
  • FY2020: Form 990 for the fiscal year ending May 31, 2020, object 202101059349301415 · read the filing

All filings for EIN 03-0179424: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.