Coe College
Coe College reported $87.6 million in revenue and $85.9 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $92.03 went to program services, $7.38 to management and general costs and $0.59 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 83.1% of the total. The highest compensation it reported for one person was $332,779 (PRESIDENT). 13 people received more than $100,000 in reportable compensation. Revenue rose 6% 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 $86MFor 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 $88MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 92.0% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 7.4% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.6% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.05 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 11.1% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 1.5% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 83.1% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $332,779 | $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 | 13 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 19.8 | 13.3 |
| Independent voting board members Part VI 1a–1b | 33 of 36 | 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 - Coe College is a selective, private and nationally recognized four-year coeducational liberal arts institution, providing superior educational experiences for students since 1851. To each of its more than 1,200 students, the institution offers the advantages of a small college that is dedicated to academic excellence. Student-faculty ratios are low at 11 to 1, the average class size is 17, and 95% of full-time faculty members have earned the highest degree in their respective fields. Students can thus receive a level of personalized attention that has almost disappeared…
Student services - this includes expenditures for the operation and maintenance of college facilities. With 38 buildings on more than 60 acres, maintenance of college facilities is an important consideration for the college. Significant campus improvements over the past two decades have been completed so that students and faculty may enjoy an environment conducive to learning, with the facilities to support the mission of the college
Auxiliary enterprises - this includes the college's residence halls, college rental housing, food services, the student union and summer conferences. With more than 1,000 students in campus housing, residential life is central to the coe experience for students. The college also serves as a resource to the surrounding community throughout the year by hosting youth clubs and activities and derives some revenue from hosting summer conferences in its facilities
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, 40.00 hrs/week | $292,725 | $0 | $40,054 | $332,779 |
| VP FOR ENROLLMENT, MKTG, & INST. Officer, 40.00 hrs/week | $197,471 | $0 | $53,201 | $250,672 |
| PROVOST & DEAN OF FACULTY Officer, 40.00 hrs/week | $171,134 | $0 | $20,089 | $191,223 |
| PROFESSOR OF PHYSICS AND ASST. Highest compensated employee, 40.00 hrs/week | $154,510 | $0 | $9,658 | $164,168 |
| ASSISTANT VP FOR ENROLLMENT Highest compensated employee, 40.00 hrs/week | $132,163 | $0 | $20,835 | $152,998 |
| VP OF FINANCE & ADMIN Officer, 40.00 hrs/week | $134,032 | $0 | $3,910 | $137,942 |
| PROFESSOR OF PHYSICS Highest compensated employee, 40.00 hrs/week | $128,268 | $0 | $2,011 | $130,279 |
| ASSI. PRO OF ENGINEERING Highest compensated employee, 40.00 hrs/week | $111,268 | $0 | $8,786 | $120,054 |
13 people received more than $100,000 in reportable compensation from Coe College (Part VII, line 2). Compensation of current officers, directors and key employees totaled $838K (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–1b36 · 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 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 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 51,199
- Volunteers Part I, line 6533
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| SODEXO INC Food service | $2,765,311 |
| BUILD TO SUIT Construction/repairs | $1,388,014 |
| EAB GLOBAL INC Market consulting | $308,043 |
| DAY MECHANICAL SYSTEMS INC Construction/repairs | $203,059 |
| BAKER TILLY US LLP Accounting services | $165,947 |
Individuals listed as contractors are left out. 6 contractors were paid more than $100,000 in all.
Private foundation grants it received
23 private foundations reported grants to Coe College totaling $586K 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 Coe 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 Coe College, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Coe College spent in FY2025, $92.03 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Lawndale Educational and Regional Network Charter SchoolChicago, IL · revenue $87M · programs 77.9% · FY2025
- Nueva SchoolHillsborough, CA · revenue $88M · programs 79.1% · FY2025
- Lycoming CollegeWilliamsport, PA · revenue $87M · programs 79.3% · FY2025
- Cornell CollegeMount Vernon, IA · revenue $88M · programs 91.0% · FY2025
- Nebraska Wesleyan UniversityLincoln, NE · revenue $87M · programs 91.7% · FY2025
Questions people ask
How much of Coe College's spending goes to programs?
In the fiscal year ending June 30, 2025, Coe College reported that 92.0% of its $85.9 million in expenses went to program services, 7.4% to management and general and 0.6% to fundraising (Form 990, Part IX).
How much does Coe College pay its top executive?
The largest total compensation Coe College reported for one person in the fiscal year ending June 30, 2025 was $332,779, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Coe College get its money?
Of $87.6 million in revenue in the fiscal year ending June 30, 2025, 11.1% came from contributions and grants (including 1.5% from government grants) and 83.1% from program service revenue (Form 990, Part VIII).
Is Coe College a registered charity?
The IRS lists EIN 42-0686467 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 202601339349303310 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202511359349306046 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202441369349303149 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202320799349301257 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202220389349301267 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202110569349302206 · read the filing
All filings for EIN 42-0686467: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.