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William James College

Newton, MA · EIN 04-2620216 · 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

William James College reported $51.8 million in revenue and $50.0 million in expenses for the fiscal year ending May 31, 2025. Of every $100 it spent, $89.38 went to program services, $9.36 to management and general costs and $1.26 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 74.5% of the total. Government grants made up 16.3%. The highest compensation it reported for one person was $786,973 (PRESIDENT). 93 people received more than $100,000 in reportable compensation. Revenue rose 52% 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 $50M

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 $52M

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)
89.4%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
9.4%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
1.3%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.05$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
22.6%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
16.3%1.1%
Program service revenue share
Part VIII 2g ÷ 12
74.5%69.9%
Highest reported compensation
Part VII-A, columns D–F
$786,973$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.57%1.28%
People paid over $100,000
Part VII, line 2
938
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
7.313.3
Independent voting board members
Part VI 1a–1b
16 of 16100.0%

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
$45M expenses · 100.0% of program spending · grants $5.1M · revenue $39M

Advanced degree educational institution for psychology (approximately 950 students).academic programs: William James College offers innovative academic programs that train practitioners who are sensitive to underserved populations and is committed to maintaining an environment which acknowledges and respects cultural and individual differences. An integrative curriculum of concurrent field training and academic experience imparts knowledge and skills relevant to human diversity.degree programs:- doctor of psychology- doctor of psychology in school psychology- doctor of psychology in…

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
Officer, 50.00 hrs/week
$714,030$0$72,943$786,973
VICE PRESIDENT OF ACADEMIC AFFAIRS
Highest compensated employee, 50.00 hrs/week
$293,942$0$46,022$339,964
TREASURER AND CLERK
Officer, 50.00 hrs/week
$299,861$0$9,159$309,020
VP FOR WORKFORCE INITIATIVES
Highest compensated employee, 50.00 hrs/week
$256,955$0$48,110$305,065
VP OF BUSINESS DEVELOPMENT
Highest compensated employee, 50.00 hrs/week
$265,619$0$4,000$269,619
ASS. VP FOR ACADEMIC AFFAIRS
Highest compensated employee, 50.00 hrs/week
$225,655$0$24,264$249,919
ASS. VP OF ENROLLMENT MGMT.
Highest compensated employee, 50.00 hrs/week
$180,763$0$5,248$186,011
ASSISTANT CLERK
Officer, 50.00 hrs/week
$80,003$0$9,852$89,855

93 people received more than $100,000 in reportable compensation from William James College (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.2M (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$20M$40M$60M$80MFY2020FY2021FY2022FY2023FY2024FY2025$52M$50M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$52M$50M89.4%$30M$786,973
FY2024 ⓘ$48M$46M89.5%$28M$853,577
FY2023 ⓘ$45M$44M89.4%$24M$740,456
FY2022 ⓘ$40M$38M88.9%$24M$1,257,704
FY2021 ⓘ$39M$35M88.5%$24M$711,956
FY2020 ⓘ$34M$31M86.3%$18M$669,558

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–1b16 · 16 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 14bNo
  • Employees Part I, line 5770
  • Volunteers Part I, line 616

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
VONT LLC
Marketing
$1,092,378
GOULSTON & STORRS
Legal
$313,865
RASKY PARTNERS
Consulting
$129,330
HOLLISTER
Recruiting
$112,675
ANTHOLOGY
Software
$108,205

Individuals listed as contractors are left out. 5 contractors were paid more than $100,000 in all.

Private foundation grants it received

11 private foundations reported grants to William James College totaling $312K 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 William James 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 William James 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 William James College's spending goes to programs?

In the fiscal year ending May 31, 2025, William James College reported that 89.4% of its $50.0 million in expenses went to program services, 9.4% to management and general and 1.3% to fundraising (Form 990, Part IX).

How much does William James College pay its top executive?

The largest total compensation William James College reported for one person in the fiscal year ending May 31, 2025 was $786,973, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does William James College get its money?

Of $51.8 million in revenue in the fiscal year ending May 31, 2025, 22.6% came from contributions and grants (including 16.3% from government grants) and 74.5% from program service revenue (Form 990, Part VIII).

Is William James College a registered charity?

The IRS lists EIN 04-2620216 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 202640219349300844 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending May 31, 2024, object 202500159349300785 · read the filing
  • FY2023: Form 990 for the fiscal year ending May 31, 2023, object 202400819349300940 · read the filing
  • FY2022: Form 990 for the fiscal year ending May 31, 2022, object 202331039349301308 · read the filing
  • FY2021: Form 990 for the fiscal year ending May 31, 2021, object 202240609349300334 · read the filing
  • FY2020: Form 990 for the fiscal year ending May 31, 2020, object 202130639349301038 · read the filing

All filings for EIN 04-2620216: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.