Knox College
Knox College reported $103.8 million in revenue and $113.2 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $83.52 went to program services, $12.13 to management and general costs and $4.35 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 71.2% of the total. The highest compensation it reported for one person was $624,278 (PRESIDENT & EX OFFCIO TRUSTEE). 14 people received more than $100,000 in reportable compensation. Revenue rose 16% 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 $113MFor 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 $104MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 83.5% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 12.1% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 4.4% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.26 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 17.9% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 1.1% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 71.2% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $624,278 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.55% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 14 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 22.8 | 13.3 |
| Independent voting board members Part VI 1a–1b | 37 of 38 | 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 expenseHigher education: our mission is carried out through our curriculum, the character of our learning environment, our residential campus culture, and our community. Knox College has a tradition of free inquiry, independent thought, and diverse perspectives. Our students choose their own path towards a degree, guided by scholar teachers who encourage them to explore ideas and places, stretch their intellect and their talents, blend thought with action, and fuse imagination with initiative. Founded in 1837 by social reformers strongly opposed to slavery, knox was one of the first colleges in the…
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 & EX OFFCIO TRUSTEE Director/trustee, officer, 55.00 hrs/week | $515,643 | $0 | $108,635 | $624,278 |
| VP FOR STRATEGIC INITIATES Officer, 40.00 hrs/week | $214,950 | $0 | $53,300 | $268,250 |
| VP FOR ADVANCEMENT Officer, 40.00 hrs/week | $188,309 | $0 | $53,316 | $241,625 |
| VP FINANCE AND CFO, TREASURER Officer, 40.00 hrs/week | $194,575 | $0 | $45,692 | $240,267 |
| VP FOR ENROLLMENT Officer, 40.00 hrs/week | $203,790 | $0 | $34,643 | $238,433 |
| PROVOST & DEAN OF THE COLLEGE Officer, 40.00 hrs/week | $197,548 | $0 | $33,374 | $230,922 |
| VP FOR ADMINISTRATION Officer, 40.00 hrs/week | $192,121 | $0 | $28,683 | $220,804 |
| VP FOR STUDENT DEVELOPMENT Officer, 40.00 hrs/week | $165,292 | $0 | $45,312 | $210,604 |
14 people received more than $100,000 in reportable compensation from Knox College (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.6M (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–1b38 · 37 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 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 51,317
- Volunteers Part I, line 6473
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| ESTES CONSTRUCTION Construction contractor | $6,435,922 |
| BON APPETIT MANAGEMENT COMPANY Dining management | $3,677,435 |
| COLLEGIS LLC It management | $1,122,000 |
| EAB GLOBAL Admissions support | $783,875 |
| THE PIPCO COMPANIES LTD Construction contractor | $778,806 |
Individuals listed as contractors are left out. 26 contractors were paid more than $100,000 in all.
Private foundation grants it received
37 private foundations reported grants to Knox College totaling $1.6M 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 Knox 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 Knox College, you can publish a response that is linked from this page.
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Of every $100 Knox College spent in FY2025, $83.52 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Texas Association of School BoardsAustin, TX · revenue $104M · programs 88.3% · FY2025
- Iu Medical Group FoundationIndianapolis, IN · revenue $104M · programs 99.3% · FY2025
- Ave Maria UniversityAve Maria, FL · revenue $104M · programs 83.4% · FY2025
- Bay Path UniversityLongmeadow, MA · revenue $104M · programs 77.2% · FY2025
- Ottawa UniversityOttawa, KS · revenue $104M · programs 87.8% · FY2025
Questions people ask
How much of Knox College's spending goes to programs?
In the fiscal year ending June 30, 2025, Knox College reported that 83.5% of its $113.2 million in expenses went to program services, 12.1% to management and general and 4.4% to fundraising (Form 990, Part IX).
How much does Knox College pay its top executive?
The largest total compensation Knox College reported for one person in the fiscal year ending June 30, 2025 was $624,278, for the role of PRESIDENT & EX OFFCIO TRUSTEE (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Knox College get its money?
Of $103.8 million in revenue in the fiscal year ending June 30, 2025, 17.9% came from contributions and grants (including 1.1% from government grants) and 71.2% from program service revenue (Form 990, Part VIII).
Is Knox College a registered charity?
The IRS lists EIN 37-0673513 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 202641359349312699 · read the filing
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202511359349305796 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202431369349309348 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202311359349310791 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202241189349300219 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202111189349301111 · read the filing
All filings for EIN 37-0673513: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.