Lafayette College
Lafayette College reported $335.2 million in revenue and $292.3 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $87.22 went to program services, $11.17 to management and general costs and $1.61 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 66.4% of the total. The highest compensation it reported for one person was $1,133,570 (PRESIDENT). 234 people received more than $100,000 in reportable compensation. Revenue rose 47% 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 $292MFor 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 $335MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 87.2% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 11.2% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 1.6% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.11 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 13.0% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 1.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 66.4% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $1,133,570 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.39% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 234 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 60.6 | 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 expenseLafayette College is a liberal arts college offering bachelor of arts engineering, natural sciences, and social sciences. In fall 2024, the 2,750 students came from 44 states and 47 countries. The student-to-faculty ratio at the college is approximately 10 to 1. Of the 259 full-time faculty, 252 hold a doctorate or other terminal degree. Approximately 63% of the students attending Lafayette College receive financial assistance. 718 students were awarded an undergraduate degree. Lafayette College has a four-year graduation rate of 77% and six-year graduation rate of 85%. Approximately 90% of…
As a residential college, lafayette students complement their academic. Scholarship with a myriad of opportunities to connect with one another and learn from the large world represented on the college's campus. As part of their experience at a residential college, lafayette students are deeply engaged academically and have significant opportunities toengage in a vast offering of extracurricular and co-curricular possibilities. Lafayette College offers more than 150 student clubs and organizations, 23 ncaa division 1 athletic programs, and numerous experiences in the fine arts and performing…
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 Director/trustee, officer, 50.00 hrs/week | $1,027,882 | $0 | $105,688 | $1,133,570 |
| CHIEF INVESTMENT OFFICER Key employee, 50.00 hrs/week | $960,549 | $0 | $49,239 | $1,009,788 |
| DIRECTOR OF INVESTMENTS Highest compensated employee, 50.00 hrs/week | $482,908 | $0 | $43,447 | $526,355 |
| DIR. OF INVESTMENTS (THRU 05/2025) Highest compensated employee, 50.00 hrs/week | $468,437 | $0 | $27,572 | $496,009 |
| EVP FINANCE & ADMINISTRATION Officer, 50.00 hrs/week | $413,852 | $0 | $50,002 | $463,854 |
| DIRECTOR OF ATHLETICS Key employee, 50.00 hrs/week | $308,955 | $0 | $36,679 | $345,634 |
| KIRBY PROFESSOR OF GOVERNMENT & LAW Highest compensated employee, 50.00 hrs/week | $287,659 | $0 | $43,759 | $331,418 |
| HEAD COACH - FOOTBALL Highest compensated employee, 50.00 hrs/week | $274,818 | $0 | $43,504 | $318,322 |
234 people received more than $100,000 in reportable compensation from Lafayette College (Part VII, line 2). Compensation of current officers, directors and key employees totaled $5.5M (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 11aYes
- 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 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 52,602
- Volunteers Part I, line 63,961
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| NORTH STAR CONSTRUCTION MANAGEMENT INC Construction | $17,016,504 |
| PARKHURST DINING LLC Dining services | $13,352,941 |
| MYCO MECHANICAL INC Hvac | $1,602,395 |
| SUPER HEAT INC Repair service | $1,399,643 |
Individuals listed as contractors are left out. 56 contractors were paid more than $100,000 in all.
Private foundation grants it received
89 private foundations reported grants to Lafayette College totaling $2.7M 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 Lafayette 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 Lafayette College, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Lafayette College spent in FY2025, $87.22 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- St Olaf CollegeNorthfield, MN · revenue $333M · programs 92.8% · FY2025
- The University of TulsaTulsa, OK · revenue $339M · programs 91.6% · FY2025
- Ithaca CollegeIthaca, NY · revenue $333M · programs 88.4% · FY2025
- Emerson CollegeBoston, MA · revenue $340M · programs 84.4% · FY2025
- Macalester CollegeSt Paul, MN · revenue $328M · programs 85.7% · FY2025
Questions people ask
How much of Lafayette College's spending goes to programs?
In the fiscal year ending June 30, 2025, Lafayette College reported that 87.2% of its $292.3 million in expenses went to program services, 11.2% to management and general and 1.6% to fundraising (Form 990, Part IX).
How much does Lafayette College pay its top executive?
The largest total compensation Lafayette College reported for one person in the fiscal year ending June 30, 2025 was $1,133,570, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Lafayette College get its money?
Of $335.2 million in revenue in the fiscal year ending June 30, 2025, 13.0% came from contributions and grants (including 1.0% from government grants) and 66.4% from program service revenue (Form 990, Part VIII).
Is Lafayette College a registered charity?
The IRS lists EIN 24-0795686 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 202611349349301311 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202531349349305958 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202431219349301968 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202341359349302749 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202221039349300822 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202141109349300604 · read the filing
All filings for EIN 24-0795686: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.