Trustees of the College of the Holy Cross
Also known as College of the Holy Cross
Trustees of the College of the Holy Cross reported $367.3 million in revenue and $357.9 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $84.11 went to program services, $12.60 to management and general costs and $3.29 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 74.8% of the total. The highest compensation it reported for one person was $986,944 (PRESIDENT). 305 people received more than $100,000 in reportable compensation. Revenue rose 38% 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 $358MFor 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 $367MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 84.1% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 12.6% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 3.3% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.25 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 13.1% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.4% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 74.8% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $986,944 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.28% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 305 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 50.5 | 13.3 |
| Independent voting board members Part VI 1a–1b | 32 of 34 | 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 expenseHighest 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 |
|---|---|---|---|---|
| PRESIDENT Director/trustee, officer, 45.00 hrs/week | $857,795 | $0 | $129,149 | $986,944 |
| SVP OF ADMIN & FINANCE/TREASURER Officer, 45.00 hrs/week | $608,448 | $0 | $73,394 | $681,842 |
| PROFESSOR Highest compensated employee, 15.00 hrs/week | $483,979 | $0 | $17,072 | $501,051 |
| VICE PRESIDENT FOR ADVANCEMENT Highest compensated employee, 45.00 hrs/week | $389,935 | $0 | $99,828 | $489,763 |
| PROVOST & DEAN OF THE COLLEGE Key employee, 45.00 hrs/week | $354,213 | $0 | $88,123 | $442,336 |
| HEAD COACH - MEN'S BASKETBALL Highest compensated employee, 45.00 hrs/week | $354,606 | $0 | $67,181 | $421,787 |
| VP, GENERAL COUNSEL Highest compensated employee, 45.00 hrs/week | $333,120 | $0 | $85,027 | $418,147 |
| PROFESSOR (THRU 09/2024) Highest compensated employee, 45.00 hrs/week | $326,034 | $0 | $31,338 | $357,372 |
305 people received more than $100,000 in reportable compensation from Trustees of the College of the Holy Cross (Part VII, line 2). Compensation of current officers, directors and key employees totaled $3.7M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, 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–1b34 · 32 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 18Yes
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 53,374
- Volunteers Part I, line 62,461
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| STRATEGIC INVESTMENT GROUP Investment management | $2,516,676 |
| SILCHESTER INTERNATIONAL INVESTORS INC Investment management | $392,981 |
| FACILITY OPTIMIZATION SOLUTIONS LLC Facility management & assessment | $392,659 |
| JANOVSKY-HURLEY ARCHITECTS INC Design services | $319,641 |
| FAST SPOT LLC Website design | $299,930 |
Individuals listed as contractors are left out. 21 contractors were paid more than $100,000 in all.
Private foundation grants it received
98 private foundations reported grants to Trustees of the College of the Holy Cross 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 Trustees of the College of the Holy Cross'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 the College of the Holy Cross, you can publish a response that is linked from this page.
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Of every $100 Trustees of the College of the Holy Cross spent in FY2025, $84.11 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Butler UniversityIndianapolis, IN · revenue $365M · programs 84.7% · FY2025
- Adelphi UniversityGarden City, NY · revenue $369M · programs 89.5% · FY2025
- Pratt InstituteBrooklyn, NY · revenue $365M · programs 86.3% · FY2025
- Loyola University MarylandBaltimore, MD · revenue $369M · programs 85.9% · FY2025
- Oberlin CollegeOberlin, OH · revenue $363M · programs 93.3% · FY2025
All education charities · Largest charities in Massachusetts
Questions people ask
How much of Trustees of the College of the Holy Cross's spending goes to programs?
In the fiscal year ending June 30, 2025, Trustees of the College of the Holy Cross reported that 84.1% of its $357.9 million in expenses went to program services, 12.6% to management and general and 3.3% to fundraising (Form 990, Part IX).
How much does Trustees of the College of the Holy Cross pay its top executive?
The largest total compensation Trustees of the College of the Holy Cross reported for one person in the fiscal year ending June 30, 2025 was $986,944, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Trustees of the College of the Holy Cross get its money?
Of $367.3 million in revenue in the fiscal year ending June 30, 2025, 13.1% came from contributions and grants (including 0.4% from government grants) and 74.8% from program service revenue (Form 990, Part VIII).
Is Trustees of the College of the Holy Cross a registered charity?
The IRS lists EIN 04-2103558 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 202621349349304737 · read the filing
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202541329349303719 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202421279349301562 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202341289349302159 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202231309349305363 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202121349349304472 · read the filing
All filings for EIN 04-2103558: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.