Wheaton College
Wheaton College reported $249.2 million in revenue and $197.8 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $76.99 went to program services, $19.31 to management and general costs and $3.70 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 57.0% of the total. The highest compensation it reported for one person was $595,698 (President/Trustee). 115 people received more than $100,000 in reportable compensation. Revenue rose 41% 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 $198MFor 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 $249MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 77.0% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 19.3% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 3.7% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.15 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 19.8% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 2.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 57.0% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $595,698 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.30% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 115 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 60.9 | 13.3 |
| Independent voting board members Part VI 1a–1b | 18 of 19 | 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 expenseEducation and instruction - the college offers undergraduate degrees in 50 areas of major study including 7 in the conservatory; 16 master of arts degrees, 4 post-baccalaureate certificates, and 3 doctoral degrees. There are approximately 2900 students enrolled at the college
Student services - programs are provided for the enrichment of the students to allow them to experience life as a christian community. Wheaton College athletics sponsors 21 sports for male and female student athletes
Auxiliary enterprises - the college provides room and board for its students
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, 40.0 hrs/week | $407,626 | $0 | $188,072 | $595,698 |
| VP for Finance & Operations, Treasurer Officer, 40.0 hrs/week | $264,476 | $0 | $57,827 | $322,303 |
| VP for Advancement & Alumni Relations Officer, 40.0 hrs/week | $252,997 | $0 | $37,619 | $290,616 |
| Provost Officer, 40.0 hrs/week | $238,294 | $0 | $37,370 | $275,664 |
| VP for Student Development Officer, 40.0 hrs/week | $183,657 | $0 | $72,396 | $256,053 |
| Investment Manager Key employee, 40.0 hrs/week | $199,390 | $0 | $40,965 | $240,355 |
| Professor of Psychology Highest compensated employee, 40.0 hrs/week | $195,073 | $0 | $37,961 | $233,034 |
| Chief Enrollment Management Officer Officer, 40.0 hrs/week | $189,316 | $0 | $42,077 | $231,393 |
115 people received more than $100,000 in reportable compensation from Wheaton College (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.5M (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–1b19 · 18 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14No
- 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 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 52,802
- Volunteers Part I, line 676
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| Bon Appetit Food Service | $6,480,448 |
| Convergence Energy LLC Solar energy system construction | $5,128,311 |
| M A Mortenson Co Construction Services | $3,378,877 |
| EP Doyle & Son LLC Construction Services | $1,121,411 |
| Solomon Cordwell Buenz Architectural Services | $1,009,172 |
Individuals listed as contractors are left out. 52 contractors were paid more than $100,000 in all.
Private foundation grants it received
63 private foundations reported grants to Wheaton College totaling $7.0M 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 Wheaton 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 Wheaton College, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Wheaton College spent in FY2025, $76.99 went to programs. The full breakdown, from its IRS Form 990:
Embed on your site
Similar-sized charities in this cause
- University of Arizona FoundationTucson, AZ · revenue $248M · programs 79.6% · FY2025
- Early Learning Coalition of Miami Dade MonroeCoral Gables, FL · revenue $250M · programs 96.7% · FY2025
- San Diego State University FoundationSan Diego, CA · revenue $248M · programs 82.5% · FY2025
- Community Services for ChildrenAllentown, PA · revenue $255M · programs 97.7% · FY2025
- Institut Europeen Dadministration Des AffairesFrance, · revenue $246M · programs 83.2% · FY2025
Questions people ask
How much of Wheaton College's spending goes to programs?
In the fiscal year ending June 30, 2025, Wheaton College reported that 77.0% of its $197.8 million in expenses went to program services, 19.3% to management and general and 3.7% to fundraising (Form 990, Part IX).
How much does Wheaton College pay its top executive?
The largest total compensation Wheaton College reported for one person in the fiscal year ending June 30, 2025 was $595,698, for the role of President/Trustee (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Wheaton College get its money?
Of $249.2 million in revenue in the fiscal year ending June 30, 2025, 19.8% came from contributions and grants (including 2.0% from government grants) and 57.0% from program service revenue (Form 990, Part VIII).
Is Wheaton College a registered charity?
The IRS lists EIN 36-2182171 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 202621349349312447 · read the filing
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202521359349305702 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202421369349315667 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202321359349306812 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202201369349309125 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202111349349305921 · read the filing
All filings for EIN 36-2182171: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.