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Washington College

Chestertown, MD · EIN 52-0591691 · 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

Washington College reported $132.3 million in revenue and $113.4 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $80.96 went to program services, $16.49 to management and general costs and $2.55 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 46.2% of the total. Government grants made up 6.0%. The highest compensation it reported for one person was $643,151 (PRESIDENT (UNTIL 7/31/25)). 44 people received more than $100,000 in reportable compensation. Revenue rose 29% 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 $113M

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 $132M

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)
81.0%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
16.5%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
2.5%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.13$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
16.2%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
6.0%1.1%
Program service revenue share
Part VIII 2g ÷ 12
46.2%69.9%
Highest reported compensation
Part VII-A, columns D–F
$643,151$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.57%1.28%
People paid over $100,000
Part VII, line 2
448
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
51.413.3
Independent voting board members
Part VI 1a–1b
35 of 36100.0%

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
$92M expenses · 99.9% of program spending · grants $33M · revenue $48M

Washington College's achievements include succeeding as an institution of higher education promoting habits of analytic thought, aesthetic insight, imagination, ethical sensitivity and clarity of expression while successfully graduating students in 4 years. The college endeavors to prepare its graduates for further education and productive careers. With many majors and academic programs to choose from, students can devise a course of study that fits their intellectual interests and career aspirations. In addition to traditional fields of study, they may choose an area of concentration in…

$134K expenses · 0.1% of program spending · revenue $1.1M

Washington College uses its facilities during summer months to facilitate educational experiences for younger k-12 students. These students are given an opportunity to participate in summer camps ranging from sciences, mathematics and hands on projects. These camps last anywhere from four days to three weeks and are managed by other outside nonprofit organizations

$0 expenses · revenue $12M

Washington College's residential life program provides students with opportunities and experiences that help them to develop responsibilities both to themselves and to their fellow students. It attempts to provide a relaxing and calm atmosphere for study and day-to-day living. Indeed, living on-campus is truly the "other-half" of a college education. With approximately 27 dorms to choose from, students have choices of single, doubles or triples in each room/unit. Hodson hall houses the dining facilities for Washington College. The main dining hall seats 500 on two levels. Students, faculty…

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
PRESIDENT (UNTIL 7/31/25)
Director/trustee, officer, 55.00 hrs/week
$553,587$0$89,564$643,151
VP, ADVANCEMENT, ALUMNI AF
Key employee, 55.00 hrs/week
$270,974$0$34,528$305,502
VICE PRESIDENT FOR MARKETING AND COM
Key employee, 55.00 hrs/week
$226,221$0$33,613$259,834
DIRECTOR, CES
Highest compensated employee, 55.00 hrs/week
$205,320$0$31,528$236,848
PROVOST & DEAN OF THE COLLEGE
Key employee, 55.00 hrs/week
$210,918$0$9,143$220,061
VP OF STUDENT AFFAIRS
Key employee, 55.00 hrs/week
$189,242$0$19,116$208,358
VICE PRESIDENT FOR ENROLLMENT MANAGEMENT
Key employee, 55.00 hrs/week
$188,034$0$19,216$207,250
CHIEF OF STAFF/VP FOR PLANNING
Key employee, 55.00 hrs/week
$174,297$0$31,427$205,724

44 people received more than $100,000 in reportable compensation from Washington 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$132M$113M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$132M$113M81.0%$486M$643,151
FY2024 ⓘ$154M$112M81.0%$477M$509,811
FY2023 ⓘ$94M$101M82.3%$405M$452,901
FY2022 ⓘ$132M$93M84.0%$404M$253,494
FY2021 ⓘ$94M$86M85.7%$435M$389,301
FY2020 ⓘ$103M$98M84.9%$376M$436,081

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–1b36 · 35 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 51,266
  • Volunteers Part I, line 6329

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
ELLUCIAN COMPANY LLC
Oit management
$1,311,670
GBUILD CONSTRUCTION MRGS LLC
Construction services
$554,229
GALLAGHER EVELIUS & JONES
Legal services
$362,474
BSC GROUP LLC
Professional finance services
$313,492
EASTERN SHORE TENTS & EVENTS LLC
Rentals
$161,148

Individuals listed as contractors are left out. 12 contractors were paid more than $100,000 in all.

Private foundation grants it received

37 private foundations reported grants to Washington 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 Washington 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 Washington College, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Maryland

Questions people ask

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

In the fiscal year ending June 30, 2025, Washington College reported that 81.0% of its $113.4 million in expenses went to program services, 16.5% to management and general and 2.5% to fundraising (Form 990, Part IX).

How much does Washington College pay its top executive?

The largest total compensation Washington College reported for one person in the fiscal year ending June 30, 2025 was $643,151, for the role of PRESIDENT (UNTIL 7/31/25) (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Washington College get its money?

Of $132.3 million in revenue in the fiscal year ending June 30, 2025, 16.2% came from contributions and grants (including 6.0% from government grants) and 46.2% from program service revenue (Form 990, Part VIII).

Is Washington College a registered charity?

The IRS lists EIN 52-0591691 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 202631359349314838 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202501359349310310 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202431369349314568 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202301359349311715 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202221369349313697 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202131339349301223 · read the filing

All filings for EIN 52-0591691: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.