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Wentworth Institute of Technology

Boston, MA · EIN 04-1958460 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Wentworth Institute of Technology reported $227.8 million in revenue and $233.7 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $86.15 went to program services, $12.20 to management and general costs and $1.65 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 91.7% of the total. The highest compensation it reported for one person was $825,775 (PRESIDENT). 208 people received more than $100,000 in reportable compensation. Revenue rose 21% 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 $234M

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 June 30, 2025 · Form 990, Part VIII · total revenue $228M

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)
86.2%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
12.2%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
$0.48$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
3.5%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
1.3%1.1%
Program service revenue share
Part VIII 2g ÷ 12
91.7%69.9%
Highest reported compensation
Part VII-A, columns D–F
$825,775$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.35%1.28%
People paid over $100,000
Part VII, line 2
2088
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
14.513.3
Independent voting board members
Part VI 1a–1b
22 of 23100.0%

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
$201M expenses · 100.0% of program spending · grants $81M · revenue $210M

Wentworth Institute of Technology, inc. (the "university") located in boston, massachusetts is a private, coeducational institution founded in 1904 and accredited by the new england commission of higher education, inc. Among other accrediting bodies. The university provides academic, residential and other services to a varied student population of approximately 4,200, predominately from the northeast region of the united states, as well as from approximately 30 U.S. States and 70 foreign countries

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
PRESIDENT
Director/trustee, officer, 40.00 hrs/week
$725,167$0$100,608$825,775
VP FINANCE & CFO (UNTIL 7/1/24)
Officer, 40.00 hrs/week
$439,538$0$37,148$476,686
EXECUTIVE VP & PROVOST
Officer, 40.00 hrs/week
$417,120$0$40,526$457,646
VP INSTITUTIONAL ADVANCEMENT
Officer, 40.00 hrs/week
$309,296$0$35,924$345,220
VP OF TECHNOLOGY & CIO
Officer, 40.00 hrs/week
$278,156$0$65,930$344,086
VICE PROVOST
Highest compensated employee, 40.00 hrs/week
$232,803$0$71,739$304,542
PROFESSOR
Highest compensated employee, 40.00 hrs/week
$224,171$0$68,321$292,492
VP AND CHIEF HR OFFICER
Officer, 40.00 hrs/week
$225,079$0$64,447$289,526

208 people received more than $100,000 in reportable compensation from Wentworth Institute of Technology (Part VII, line 2). Compensation of current officers, directors and key employees totaled $4.9M (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$228M$234M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$228M$234M86.2%$282M$825,775
FY2024 ⓘ$201M$211M86.5%$280M$822,121
FY2023 ⓘ$193M$198M86.9%$272M$916,708
FY2022 ⓘ$194M$195M86.3%$264M$784,602
FY2021 ⓘ$183M$183M87.4%$280M$674,915
FY2020 ⓘ$189M$186M86.6%$248M$860,324

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–1b23 · 22 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 11aYes
  • 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 52,141
  • Volunteers Part I, line 6150

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
GILBANE BUILDING COMPANY
Construction
$19,168,382
SODEXO OPERATIONS LLC
Dining services & catering
$10,228,030
UG2 LLC
Custodial services
$2,806,888
CARBON HEALTH TECHNOLOGIES INC
Medical services
$1,680,853
ALKU TECHNOLOGIES LLC
Consultant services
$1,209,405

Individuals listed as contractors are left out. 83 contractors were paid more than $100,000 in all.

Private foundation grants it received

27 private foundations reported grants to Wentworth Institute of Technology totaling $1.5M 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 Wentworth Institute of Technology's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Wentworth Institute of Technology, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Massachusetts

Questions people ask

How much of Wentworth Institute of Technology's spending goes to programs?

In the fiscal year ending June 30, 2025, Wentworth Institute of Technology reported that 86.2% of its $233.7 million in expenses went to program services, 12.2% to management and general and 1.6% to fundraising (Form 990, Part IX).

How much does Wentworth Institute of Technology pay its top executive?

The largest total compensation Wentworth Institute of Technology reported for one person in the fiscal year ending June 30, 2025 was $825,775, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Wentworth Institute of Technology get its money?

Of $227.8 million in revenue in the fiscal year ending June 30, 2025, 3.5% came from contributions and grants (including 1.3% from government grants) and 91.7% from program service revenue (Form 990, Part VIII).

Is Wentworth Institute of Technology a registered charity?

The IRS lists EIN 04-1958460 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 202621359349308167 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202531359349303173 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202441369349309129 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202341319349306054 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202231329349301863 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202101339349305170 · read the filing

All filings for EIN 04-1958460: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.