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Earlham College

Richmond, IN · EIN 35-0868073 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Earlham College reported $86.9 million in revenue and $101.2 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $84.79 went to program services, $13.04 to management and general costs and $2.17 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 52.1% of the total. The highest compensation it reported for one person was $229,979 (Vice President of Enrollment Management). 31 people received more than $100,000 in reportable compensation. Revenue rose 30% 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 $101M

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 June 30, 2025 · Form 990, Part VIII · total revenue $87M

Other revenue was negative: −$9,427. The bar shows the positive sources only.

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)
84.8%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
13.0%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
2.2%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.06$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
44.9%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
1.0%1.1%
Program service revenue share
Part VIII 2g ÷ 12
52.1%69.9%
Highest reported compensation
Part VII-A, columns D–F
$229,979$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.23%1.28%
People paid over $100,000
Part VII, line 2
318
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
29.413.3
Independent voting board members
Part VI 1a–1b
23 of 24100.0%

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
$84M expenses · 98.2% of program spending · grants $35M · revenue $45M

Earlham College - Providing high quality liberal arts education for 677 students (729 including Earlham School of Religion) per IPEDS reporting. Serving the local community through arts, music, and cultural events open to the public. Students volunteer with many community service organizations. Approximately 2,500 people in the local community are served in this way

$1.5M expenses · 1.8% of program spending · grants $539K · revenue $603K

Earlham School of Religion - Providing seminary training for 52 students

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
Vice President of Enrollment Management
Key employee, 50.0 hrs/week
$199,721$0$30,258$229,979
VP for Institutional Advancement
Key employee, 50.0 hrs/week
$173,011$0$54,014$227,025
VP of Student Life/Dean of Students
Key employee, 50.0 hrs/week
$189,136$0$35,937$225,073
Controller, interim CFO (until Oct 2024), VP and CFO
Officer, 45.0 hrs/week
$153,480$0$53,530$207,010
President (until Aug 2024)
Director/trustee, officer, 50.0 hrs/week
$186,839$0$16,899$203,738
Former Sr VP of Finance & Admin & CFO
Former, 0.0 hrs/week
$182,649$0$16,366$199,015
President (beg Oct 2024)
Director/trustee, officer, 50.0 hrs/week
$160,283$0$26,625$186,908
Associate VP of Human Resources, Safety and Risk (until Oct 2024), VP and COO
Key employee, 50.0 hrs/week
$172,205$0$13,986$186,191

31 people received more than $100,000 in reportable compensation from Earlham College (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.4M (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$50M$100M$150M$200MFY2020FY2021FY2022FY2023FY2024FY2025$87M$101M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$87M$101M84.8%$248M$229,979
FY2024 ⓘ$102M$90M84.0%$260M$332,897
FY2023 ⓘ$73M$84M83.6%$244M$318,122
FY2022 ⓘ$55M$85M86.3%$254M$316,750
FY2021 ⓘ$128M$81M87.7%$286M$363,369
FY2020 ⓘ$67M$94M87.2%$235M$246,284

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–1b24 · 23 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 26Yes
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • 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 5953
  • Volunteers Part I, line 6550

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
Metz Culinary Management
Food Services
$3,001,633
National Management Resources Corp
Facilities Management
$2,405,486
F A Wilhelm Construction Co Inc
Contractor
$786,959
EAB Inc
Education Consultant
$770,551
Chomel & Sons Inc
Roofing Contractor
$629,084

Individuals listed as contractors are left out. 29 contractors were paid more than $100,000 in all.

Private foundation grants it received

25 private foundations reported grants to Earlham College totaling $26M 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 Earlham 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 Earlham College, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Indiana

Questions people ask

How much of Earlham College's spending goes to programs?

In the fiscal year ending June 30, 2025, Earlham College reported that 84.8% of its $101.2 million in expenses went to program services, 13.0% to management and general and 2.2% to fundraising (Form 990, Part IX).

How much does Earlham College pay its top executive?

The largest total compensation Earlham College reported for one person in the fiscal year ending June 30, 2025 was $229,979, for the role of Vice President of Enrollment Management (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Earlham College get its money?

Of $86.9 million in revenue in the fiscal year ending June 30, 2025, 44.9% came from contributions and grants (including 1.0% from government grants) and 52.1% from program service revenue (Form 990, Part VIII).

Is Earlham College a registered charity?

The IRS lists EIN 35-0868073 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 202621339349305217 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202521349349312742 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202431349349304193 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202321309349305142 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202241339349304109 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202101339349301725 · read the filing

All filings for EIN 35-0868073: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.