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Trustees of Boston College

Chestnut Hill, MA · EIN 04-2103545 · 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

Trustees of Boston College reported $1.84 billion in revenue and $1.50 billion in expenses for the fiscal year ending May 31, 2025. Of every $100 it spent, $86.05 went to program services, $11.63 to management and general costs and $2.32 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 62.2% of the total. The highest compensation it reported for one person was $3,396,247 (HEAD COACH, FBALL (FROM 2/24)). 1,598 people received more than $100,000 in reportable compensation. Revenue rose 50% 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 $1.50B

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 $1.84B

Other revenue was negative: −$2.4M. The bar shows the positive sources only.

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)
86.1%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
11.6%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
21.0%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
2.5%1.1%
Program service revenue share
Part VIII 2g ÷ 12
62.2%69.9%
Highest reported compensation
Part VII-A, columns D–F
$3,396,247$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.23%1.28%
People paid over $100,000
Part VII, line 2
1,5988
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
44.913.3
Independent voting board members
Part VI 1a–1b
47 of 49100.0%

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
$698M expenses · 53.9% of program spending · grants $296M · revenue $884M

Instruction - includes expenditures to provide coursework for students and to provide financial aid in the form of scholarships and fellowships. Enrollments were 15,474 and the number of degrees conferred was 4,500

$265M expenses · 20.4% of program spending · revenue $219M

Auxiliary services - includes expenditures for the self-supporting activities of the university such as the operations of 36 residence halls, 16 dining facilities, 31 ncaa division I athletic teams, bookstore and health services

$249M expenses · 19.3% of program spending

Student services and academic support - includes activities of which the primary purpose is to contribute to the students' emotional and physical well-being and to his/her intellectual, cultural, and social development. Operated 9 university library facilities containing over 3.400 million volumes, over 205 thousand serial titles serving the university and surrounding community

$83M all other programs (line 4d)

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
HEAD COACH, FBALL (FROM 2/24)
Highest compensated employee, 40.0 hrs/week
$3,359,931$0$36,316$3,396,247
HEAD COACH, MEN'S BASKETBALL
Highest compensated employee, 40.0 hrs/week
$2,574,563$0$68,840$2,643,403
CHIEF INVESTMENT OFFICER
Key employee, 40.0 hrs/week
$1,098,930$0$80,569$1,179,499
DIR. OF ATHLETICS
Highest compensated employee, 40.0 hrs/week
$1,082,009$0$67,248$1,149,257
DEAN CSOM
Highest compensated employee, 40.0 hrs/week
$810,870$0$77,485$888,355
HAUB FAMILY PROFESSOR
Highest compensated employee, 40.0 hrs/week
$774,913$0$76,626$851,539
PROVOST & DEAN OF FAC
Officer, 40.0 hrs/week
$766,121$0$77,157$843,278
SR.VP UNIV.ADVANCE
Officer, 40.0 hrs/week
$761,558$0$70,721$832,279

1,598 people received more than $100,000 in reportable compensation from Trustees of Boston College (Part VII, line 2). Compensation of current officers, directors and key employees totaled $7.9M (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$500M$1.00B$1.50B$2.00BFY2020FY2021FY2022FY2023FY2024FY2025$1.84B$1.50B
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$1.84B$1.50B86.1%$5.63B$3,396,247
FY2024 ⓘ$1.64B$1.41B86.0%$5.15B$4,095,412
FY2023 ⓘ$1.34B$1.29B86.0%$4.71B$3,835,259
FY2022 ⓘ$1.64B$1.22B86.4%$4.72B$3,120,012
FY2021 ⓘ$1.46B$1.15B86.2%$4.73B$2,968,912
FY2020 ⓘ$1.22B$1.11B86.6%$3.58B$2,709,085

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–1b49 · 47 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 2Yes
  • 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 26Yes
  • 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 512,879
  • Volunteers Part I, line 655

Private foundation grants it received

234 private foundations reported grants to Trustees of Boston College totaling $33M 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 Trustees of Boston 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 Trustees of Boston College, 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 Trustees of Boston College's spending goes to programs?

In the fiscal year ending May 31, 2025, Trustees of Boston College reported that 86.1% of its $1.50 billion in expenses went to program services, 11.6% to management and general and 2.3% to fundraising (Form 990, Part IX).

How much does Trustees of Boston College pay its top executive?

The largest total compensation Trustees of Boston College reported for one person in the fiscal year ending May 31, 2025 was $3,396,247, for the role of HEAD COACH, FBALL (FROM 2/24) (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Trustees of Boston College get its money?

Of $1.84 billion in revenue in the fiscal year ending May 31, 2025, 21.0% came from contributions and grants (including 2.5% from government grants) and 62.2% from program service revenue (Form 990, Part VIII).

Is Trustees of Boston College a registered charity?

The IRS lists EIN 04-2103545 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 202620939349301002 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending May 31, 2024, object 202520929349301022 · read the filing
  • FY2023: Form 990 for the fiscal year ending May 31, 2023, object 202421029349300622 · read the filing
  • FY2022: Form 990 for the fiscal year ending May 31, 2022, object 202301049349301110 · read the filing
  • FY2021: Form 990 for the fiscal year ending May 31, 2021, object 202211059349301106 · read the filing
  • FY2020: Form 990 for the fiscal year ending May 31, 2020, object 202101059349301235 · read the filing

All filings for EIN 04-2103545: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.