Claremont McKenna College
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Claremont McKenna College reported $275.7 million in revenue and $222.1 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $79.44 went to program services, $18.11 to management and general costs and $2.45 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 47.5% of the total. The highest compensation it reported for one person was $1,393,195 (VP and Chief Investment Officer). 1,056 people received more than $100,000 in reportable compensation. Revenue fell 14% 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 $222MFor 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 $276MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 79.4% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 18.1% | 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 | $0.13 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 15.6% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.1% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 47.5% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $1,393,195 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.63% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 1,056 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 111.5 | 13.3 |
| Independent voting board members Part VI 1a–1b | 40 of 41 | 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 expenseSee Schedule OClaremont McKenna College, one of the nation's top liberal arts colleges, prepares students to make a difference. Since 1946, Claremont McKenna College's mission has been to prepare students for thoughtful and productive lives and responsible leadership in business, government, and the professions. The College attracts a student bodythat is broadly diverse and accomplished beyond the classroom.Claremont McKenna is a member of The Claremont Colleges, a seven-college consortium modeled after Oxford University. Students have the best of both worlds: the intimacy of a small…
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 |
|---|---|---|---|---|
| VP and Chief Investment Officer Key employee, 1.00 hrs/week | $1,266,825 | $0 | $126,370 | $1,393,195 |
| President Director/trustee, officer, 40.00 hrs/week | $687,590 | $0 | $216,553 | $904,143 |
| AVP for Investments Highest compensated employee, 1.00 hrs/week | $693,700 | $0 | $67,780 | $761,480 |
| Faculty Highest compensated employee, 40.00 hrs/week | $464,499 | $0 | $83,811 | $548,310 |
| Faculty Highest compensated employee, 40.00 hrs/week | $459,003 | $0 | $82,694 | $541,697 |
| Faculty Highest compensated employee, 40.00 hrs/week | $418,501 | $0 | $61,949 | $480,450 |
| Executive VP and COO Officer, 40.00 hrs/week | $375,403 | $0 | $98,671 | $474,074 |
| Planning & Cap. Proj., Sp. Counsel Officer, 40.00 hrs/week | $345,839 | $0 | $92,976 | $438,815 |
1,056 people received more than $100,000 in reportable compensation from Claremont McKenna College (Part VII, line 2). Compensation of current officers, directors and key employees totaled $6.5M (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–1b41 · 40 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 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 26Yes
- 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 14bNo
- Employees Part I, line 52,025
- Volunteers Part I, line 61,056
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| KPRS Construction Services Inc Construction | $59,717,558 |
| Bon Appetit Food Service | $5,691,435 |
| Gardner Company Inc Hvac | $1,506,075 |
| M3 Office Inc Office Supplies | $1,481,110 |
Individuals listed as contractors are left out. 87 contractors were paid more than $100,000 in all.
Private foundation grants it received
60 private foundations reported grants to Claremont McKenna College totaling $25M 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 Claremont McKenna 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 Claremont McKenna College, you can publish a response that is linked from this page.
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Of every $100 Claremont McKenna College spent in FY2025, $79.44 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Delaware State UniversityDover, DE · revenue $275M · programs 54.3% · FY2025
- Mater AcademyMiami, FL · revenue $276M · programs 89.1% · FY2025
- Gemological Institute of AmericaCarlsbad, CA · revenue $274M · programs 85.0% · 2024
- Monmouth UniversityWest Long Branch, NJ · revenue $277M · programs 84.0% · FY2025
- Bryn Mawr CollegeBryn Mawr, PA · revenue $274M · programs 76.9% · FY2025
Questions people ask
How much of Claremont McKenna College's spending goes to programs?
In the fiscal year ending June 30, 2025, Claremont McKenna College reported that 79.4% of its $222.1 million in expenses went to program services, 18.1% to management and general and 2.4% to fundraising (Form 990, Part IX).
How much does Claremont McKenna College pay its top executive?
The largest total compensation Claremont McKenna College reported for one person in the fiscal year ending June 30, 2025 was $1,393,195, for the role of VP and Chief Investment Officer (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Claremont McKenna College get its money?
Of $275.7 million in revenue in the fiscal year ending June 30, 2025, 15.6% came from contributions and grants (including 0.1% from government grants) and 47.5% from program service revenue (Form 990, Part VIII).
Is Claremont McKenna College a registered charity?
The IRS lists EIN 95-1664101 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 202621319349302297 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202511299349304366 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202411369349309626 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202331329349308418 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202201369349308645 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202101319349303700 · read the filing
All filings for EIN 95-1664101: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.