Centre College
Centre College reported $139.1 million in revenue and $137.8 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $89.81 went to program services, $7.77 to management and general costs and $2.42 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 67.8% of the total. The highest compensation it reported for one person was $565,193 (PRESIDENT). 66 people received more than $100,000 in reportable compensation. Revenue rose 53% 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 $138MFor 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 $139MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 89.8% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 7.8% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 2.4% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.08 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 29.8% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.4% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 67.8% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $565,193 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.41% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 66 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 44.8 | 13.3 |
| Independent voting board members Part VI 1a–1b | 26 of 26 | 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 expenseFounded in 1819, the sole mission of centre, a nationally ranked residential co-ed private liberal arts college, is to provide exceptional post-secondary undergraduate education to its students. We guarantee the opportunity to study abroad, to have an internship, and to graduate in four years. To develop a global perspective, about 85 percent of our students study abroad, with centre professors, at least once. Coupled with small classes, high graduation rates, engaged professors, and real-world preparation for career, graduates enjoy a high success rate for employment or graduate degree…
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 Officer, 50.0 hrs/week | $519,977 | $0 | $45,216 | $565,193 |
| VP, CFO AND TREASURER Officer, 50.0 hrs/week | $484,770 | $0 | $4,808 | $489,578 |
| VP FOR DEVELOPMENT AND ALUMNI Officer, 50.0 hrs/week | $261,488 | $0 | $23,358 | $284,846 |
| VP STRATEGIC MARKETING AND COMMUNICATIONS Officer, 50.0 hrs/week | $238,472 | $0 | $27,954 | $266,426 |
| VP FOR ENROLLMENT MANAGEMENT Officer, 50.0 hrs/week | $229,691 | $0 | $28,716 | $258,407 |
| VP FOR ACADEMIC AFFAIRS Officer, 50.0 hrs/week | $219,136 | $0 | $24,970 | $244,106 |
| VP FOR STUDENT SUCCESS AND ADVANCEMENT Key employee, 50.0 hrs/week | $195,526 | $0 | $28,779 | $224,305 |
| VP FOR STUDENT LIFE Officer, 50.0 hrs/week | $188,556 | $0 | $20,916 | $209,472 |
66 people received more than $100,000 in reportable compensation from Centre College (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.9M (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–1b26 · 26 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 14bNo
- Employees Part I, line 51,426
- Volunteers Part I, line 666
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| EAT'N PARK HOSPITALITY GROUP INC Food service provider | $5,615,096 |
| HGC CONSTRUCTION CO General contractor | $738,392 |
| CAPTURE LLC Admissions services | $581,796 |
| MILLER TRANSPORTATION Transportation services | $451,739 |
| JENZABAR INC Erp digital services | $418,221 |
Individuals listed as contractors are left out. 41 contractors were paid more than $100,000 in all.
Private foundation grants it received
38 private foundations reported grants to Centre College totaling $2.6M 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 Centre 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 Centre College, you can publish a response that is linked from this page.
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Of every $100 Centre College spent in FY2025, $89.81 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- University Family PhysiciansIndianapolis, IN · revenue $139M · programs 100.0% · 2024
- Ringling College of Art and DesignSarasota, FL · revenue $139M · programs 87.1% · FY2025
- University of Mount Saint VincentRiverdale, NY · revenue $138M · programs 87.8% · FY2025
- California College of the ArtsSan Francisco, CA · revenue $139M · programs 82.1% · FY2025
- Bethel UniversitySt Paul, MN · revenue $138M · programs 73.7% · FY2025
Questions people ask
How much of Centre College's spending goes to programs?
In the fiscal year ending June 30, 2025, Centre College reported that 89.8% of its $137.8 million in expenses went to program services, 7.8% to management and general and 2.4% to fundraising (Form 990, Part IX).
How much does Centre College pay its top executive?
The largest total compensation Centre College reported for one person in the fiscal year ending June 30, 2025 was $565,193, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Centre College get its money?
Of $139.1 million in revenue in the fiscal year ending June 30, 2025, 29.8% came from contributions and grants (including 0.4% from government grants) and 67.8% from program service revenue (Form 990, Part VIII).
Is Centre College a registered charity?
The IRS lists EIN 61-0444671 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 202601359349310055 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202541289349302844 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202431369349306093 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202301579349301210 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202221339349300337 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202101379349301535 · read the filing
All filings for EIN 61-0444671: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.