Vassar College
Vassar College reported $371.1 million in revenue and $352.9 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $78.82 went to program services, $17.00 to management and general costs and $4.18 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 62.8% of the total. The highest compensation it reported for one person was $854,501 (PRESIDENT & TRUSTEE). 274 people received more than $100,000 in reportable compensation. Revenue rose 43% 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 $353MFor 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 $371MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 78.8% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 17.0% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 4.2% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.21 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 19.1% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 1.2% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 62.8% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $854,501 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.24% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 274 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 57.1 | 13.3 |
| Independent voting board members Part VI 1a–1b | 26 of 27 | 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 expenseInstruction - see schedule oinstruction - vassar fosters intellectual openness and exploration through its varied course offerings which includes 30 departments, 3 interdepartmental programs, 14 multidisciplinary programs, the interdisciplinary independent program, study abroad programs and 50 majors offering over 1,000 courses. Students are encouraged to develop different perspectives through engaging in dialogue with faculty and fellow students, working on closely mentored independent research and creative projects, and participating in various forms of community-engaged learning, all of…
Academic services - see schedule oacademic services - the college provides significant academic support services to enhance and strengthen students' educational experiences and outcomes. This includes faculty advising from new student orientation through graduation, a library with more than a million books and access to thousands of online journals, an art museum that supports education through the preservation, documentation, interpretation, presentation, and development of its collections; a robust international programs office that supports students' global education, as well as many other…
Student services - see schedule ostudent services - as a residential college, vassar is committed to providing support services to help students make the most of their time at vassar. The division of the dean of the college provides and coordinates services that improve the quality of academic and co-curricular student life. These services include a robust residential life program, which includes faculty and staff delivering programming to enhance the on-campus student experience. This also includes medical and mental health services to help students maintain their holistic well-being through…
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 & TRUSTEE Director/trustee, officer, 40.00 hrs/week | $699,725 | $0 | $154,776 | $854,501 |
| VP FOR ADVANCEMENT Officer, 40.00 hrs/week | $377,996 | $0 | $80,065 | $458,061 |
| VP FOR FINANCE & ADMINISTRATION Officer, 40.00 hrs/week | $326,311 | $0 | $75,393 | $401,704 |
| DEAN OF COLLEGE Officer, 40.00 hrs/week | $299,234 | $0 | $62,497 | $361,731 |
| PROFESSOR OF SOCIOLOGY Highest compensated employee, 40.00 hrs/week | $294,280 | $0 | $64,980 | $359,260 |
| TECH. & HR / CHIEF INFO. OFFICER Officer, 40.00 hrs/week | $282,849 | $0 | $71,700 | $354,549 |
| PROFESSOR OF HISTORY Highest compensated employee, 40.00 hrs/week | $272,660 | $0 | $67,845 | $340,505 |
| GENERAL COUNSEL Officer, 40.00 hrs/week | $288,429 | $0 | $48,307 | $336,736 |
274 people received more than $100,000 in reportable compensation from Vassar College (Part VII, line 2). Compensation of current officers, directors and key employees totaled $4.8M (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–1b27 · 26 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 18Yes
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 53,715
- Volunteers Part I, line 61,425
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| CONSIGLI CONSTRUCTION CO INC General contractors | $15,763,722 |
| COMPASS GROUP USA Food service | $8,095,915 |
| HALL CAP PARTNERS LLC Investment management | $4,889,209 |
| DIRECT ENERGY MARKETING INC Consulting services | $1,500,943 |
Individuals listed as contractors are left out. 161 contractors were paid more than $100,000 in all.
Private foundation grants it received
107 private foundations reported grants to Vassar College totaling $3.6M 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 Vassar 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 Vassar College, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Vassar College spent in FY2025, $78.82 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Samford UniversityBirmingham, AL · revenue $371M · programs 88.4% · FY2025
- The Kansas University Endowment AssociationLawrence, KS · revenue $375M · programs 91.3% · FY2025
- Loyola University MarylandBaltimore, MD · revenue $369M · programs 85.9% · FY2025
- Ohio State University FoundationColumbus, OH · revenue $379M · programs 90.7% · FY2025
- Adelphi UniversityGarden City, NY · revenue $369M · programs 89.5% · FY2025
Questions people ask
How much of Vassar College's spending goes to programs?
In the fiscal year ending June 30, 2025, Vassar College reported that 78.8% of its $352.9 million in expenses went to program services, 17.0% to management and general and 4.2% to fundraising (Form 990, Part IX).
How much does Vassar College pay its top executive?
The largest total compensation Vassar College reported for one person in the fiscal year ending June 30, 2025 was $854,501, for the role of PRESIDENT & TRUSTEE (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Vassar College get its money?
Of $371.1 million in revenue in the fiscal year ending June 30, 2025, 19.1% came from contributions and grants (including 1.2% from government grants) and 62.8% from program service revenue (Form 990, Part VIII).
Is Vassar College a registered charity?
The IRS lists EIN 14-1338587 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 (amended), object 202602679349300915 · read the filing
- FY2024: Form 990 for the fiscal year ending June 30, 2024 (amended), object 202632679349301608 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202411319349305256 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202341329349308839 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202201329349306075 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202141249349300344 · read the filing
All filings for EIN 14-1338587: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.