Connecticut College
Connecticut College reported $185.8 million in revenue and $212.9 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $86.24 went to program services, $10.86 to management and general costs and $2.90 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 89.6% of the total. The highest compensation it reported for one person was $395,582 (PRESIDENT (AS OF 7/1/2024)). 51 people received more than $100,000 in reportable compensation. Revenue rose 22% 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 $213MFor 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 $186MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 86.2% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 10.9% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 2.9% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.38 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 8.7% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 2.1% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 89.6% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $395,582 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.19% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 51 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 34.6 | 13.3 |
| Independent voting board members Part VI 1a–1b | 33 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 expense*undergraduate instruction*the teaching of undergraduate students working towards a four-year degree in one of the various liberal arts and sciences majors offered by Connecticut College. The college's academic programs in the arts, humanities, sciences, and social sciences are designed to shape ethical, informed citizens with a global perspective. Highlights of the academic program include a student-faculty ratio of 10:1, fourty five majors, approximately 175 full-time professors, language study, residential education programs, certificate programs, pre-law, pre-health and pre-business…
*auxiliary services*auxiliary services involves running the college's numberous dormitories and dining facilities. Connecticut College is a residential campus. Ninety-eight percent of students live on campus in 23 residence halls. Four dining halls on campus serve our students in a variety of capacities. The college extends the teaching and learning experience within the dormitories
*study away*is an opportunity for qualified students to study away for credit abroad or elsewhere in the US. The college has a long tradition of recognizing the importance of int'l studies and study away as reflected in our mission statement: "Connecticut College educates students to put the liberal arts into action as citizens in a global society". Approximately 50% of the college's students study away during their junior year through carefully selected programs. Our study away/teach away typically sends 10-12 students and faculty to host institutions throughout the world to complete a full…
Highest 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 (AS OF 7/1/2024) Director/trustee, officer, 38.00 hrs/week | $300,837 | $0 | $94,745 | $395,582 |
| FMR VP MARKETING & COMMUNICATIONS Highest compensated employee, 38.00 hrs/week | $283,503 | $0 | $58,018 | $341,521 |
| FMR. INTERIM PRES. (THRU 6/24) Key employee, 38.00 hrs/week | $278,752 | $0 | $23,998 | $302,750 |
| DEAN OF FACULTY Officer, 38.00 hrs/week | $228,924 | $0 | $70,924 | $299,848 |
| EXEC DIR FACILITIES MGMT PLAN Highest compensated employee, 38.00 hrs/week | $244,761 | $0 | $19,061 | $263,822 |
| DEAN OF STUDENTS Highest compensated employee, 38.00 hrs/week | $211,149 | $0 | $52,204 | $263,353 |
| DEAN OF THE COLLEGE, VP OF RET. Highest compensated employee, 38.00 hrs/week | $204,764 | $0 | $44,230 | $248,994 |
| VP HR AND ORG. DEV. (THRU 8/24) Highest compensated employee, 38.00 hrs/week | $220,714 | $0 | $24,751 | $245,465 |
51 people received more than $100,000 in reportable compensation from Connecticut College (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.1M (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 · 33 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 51,918
- Volunteers Part I, line 6985
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| CAMBRIDGE ASSOCIATES LLC Investment advisory | $977,000 |
| THE FULCRUM GROUP Infrastructure consultants | $721,000 |
| VANASSE HANGEN BRUSTLIN INC Engineering | $548,000 |
| COLLIERS PROJECT LEADERS USA NE LLC Capital projects consultants | $430,000 |
Individuals listed as contractors are left out. 9 contractors were paid more than $100,000 in all.
Private foundation grants it received
113 private foundations reported grants to Connecticut College totaling $3.0M 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 Connecticut 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 Connecticut College, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Connecticut College spent in FY2025, $86.24 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Early Learning Coalition of Palm Beach CountyBoynton Beach, FL · revenue $186M · programs 97.1% · FY2025
- Pacific UniversityForest Grove, OR · revenue $186M · programs 73.6% · FY2025
- University ImpactProvo, UT · revenue $185M · programs 96.7% · 2024
- Ascendium Education SolutionsMadison, WI · revenue $186M · programs 94.4% · 2025
- Aurora UniversityAurora, IL · revenue $185M · programs 86.9% · FY2025
Questions people ask
How much of Connecticut College's spending goes to programs?
In the fiscal year ending June 30, 2025, Connecticut College reported that 86.2% of its $212.9 million in expenses went to program services, 10.9% to management and general and 2.9% to fundraising (Form 990, Part IX).
How much does Connecticut College pay its top executive?
The largest total compensation Connecticut College reported for one person in the fiscal year ending June 30, 2025 was $395,582, for the role of PRESIDENT (AS OF 7/1/2024) (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Connecticut College get its money?
Of $185.8 million in revenue in the fiscal year ending June 30, 2025, 8.7% came from contributions and grants (including 2.1% from government grants) and 89.6% from program service revenue (Form 990, Part VIII).
Is Connecticut College a registered charity?
The IRS lists EIN 06-0646587 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 202631289349302778 · read the filing
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202501349349311550 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202411369349307291 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202311309349303921 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202201299349301500 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202141349349302049 · read the filing
All filings for EIN 06-0646587: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.