Albright College
86% goes to programs $14 to raise $100 Strong reserves Growing revenue
Albright College is a 501(c)(3) organization based in Reading, Pennsylvania, registered in 1934, with $85,676,459 in FY2024 revenue. CharityIndex grades it A, and it directs about 86% of spending to programs.
13th Bern Streets, Reading, PA, 19612 EIN 23-1352615 Since 1934
Revenue (FY2024)
$85.7M
▲ 38.9% vs prior year
Education median: $200K
Expenses (FY2024)
$79.1M
Net assets
$75.8M
Employees
941
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating86% to programs · $14 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Albright College: 86% to programs · $14 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating12 mo reserves · +8% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Albright College: 12 mo reserves · +8% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Albright College: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Albright College: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Promoting a commitment to lifelong learning with a foundation in the liberal arts.
Contact & location
- Address
- 13th Bern Streets, Reading, PA, 19612
- City
- Reading
- State
- Pennsylvania
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $92.7M (FY2013) to $85.7M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $128.4MNet assets $75.8M
Operating margin
7.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$204.2M
Total liabilities
$128.4M
Net assets
$75.8M
Salaries & benefits
$22.2M
28% of expenses
Board members
22
21 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $85,676,459▲38.9% | $79,094,017▼6.3% | $75,839,477▲6.2% | $204,201,624▼9.1% | 990 |
| 2023 | $61,687,498▲1.0% | $84,379,091▲4.0% | $71,415,432▼21.3% | $224,581,987▲14.6% | 990 |
| 2022 | $61,056,362▼16.5% | $81,114,995▲4.4% | $90,761,105▼22.2% | $195,952,352▼7.0% | 990 |
| 2021 | $73,121,754▲11.1% | $77,701,670▲8.7% | $116,652,219▼7.8% | $210,751,210▼4.2% | 990 |
| 2020 | $65,789,906▼2.4% | $71,466,544▲5.2% | $126,537,496▲9.2% | $220,101,715▲27.3% | 990 |
| 2019 | $67,395,108▼37.1% | $67,919,533▼31.5% | $115,912,034▼7.3% | $172,962,647▼3.1% | 990 |
| 2018 | $107,221,873▲14.4% | $99,094,230▲2.7% | $125,071,646▼0.1% | $178,505,534▼0.4% | 990 |
| 2017 | $93,721,795▼10.1% | $96,512,536▼4.3% | $125,254,468▼0.5% | $179,209,101▲2.2% | 990 |
| 2016 | $104,212,842▲8.9% | $100,853,481▲8.3% | $125,867,059▲6.6% | $175,434,923▲3.3% | 990 |
| 2015 | $95,726,718▼1.4% | $93,167,059▲1.8% | $118,111,360▼0.4% | $169,860,437▼1.8% | 990 |
| 2014 | $97,111,542▲4.8% | $91,477,925▲4.6% | $118,551,724▲5.7% | $173,004,736▲1.9% | 990 |
| 2013 | $92,682,086 | $87,487,166▲10.6% | $112,152,510▲11.4% | $169,717,068▲4.5% | 990 |
| 2012 | — | $79,130,835▲0.1% | $100,712,400▲9.3% | $162,389,154▲5.2% | 990 |
| 2011 | — | $79,020,101▲6.3% | $92,104,395▲0.3% | $154,297,145▼0.7% | 990 |
| 2010 | — | $74,357,421▲3.8% | $91,784,161▲25.1% | $155,349,099▲12.6% | 990 |
| 2009 | — | $71,668,051 | $73,387,440 | $138,006,074 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Jacquelyn S Fetrow Phd — $441,587 (0.56% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Jacquelyn S Fetrow Phd | President | 40 | $441,587 |
| Thomas A Chaves | Vp of Advancement | 40 | $198,587 |
| Debra Townsley | President | 40 | $187,500 |
| Brenda Ingram-wallace | Vp of Student and Campus Life | 40 | $173,120 |
| Caryn Stopper | Vp of Enrollment Management | 40 | $170,022 |
| Karen Campbell | Vp of Professional Studies | 40 | $163,250 |
| Rodney Warfield | Professor of Education | 40 | $124,331 |
| Lisa Wilder | Dean of Professional Studies | 40 | $122,307 |
| Michael D'errico | Associate Professor of Music | 40 | $112,319 |
| Rick O'leary | Avp of Facilities | 40 | $110,238 |
| Guillaume Desyon | Professor of History | 40 | $109,226 |
| Bjorn Reigle | Vice Chair | 1 | — |
| Charnita Zeigler-johnson Phd | Trustee | 1 | — |
| Daniel B Huyett Esq | Trustee | 1 | — |
| Dwight Davis Mdiv | Trustee | 1 | — |
| John Schultz Esq | Trustee | 1 | — |
| Jorge J Scheirer Md | Trustee | 1 | — |
| Josephine A Gruber | Trustee | 1 | — |
| Karen A Marrongelle Phd | Trustee | 1 | — |
| Kristine Hazzard | Trustee | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Dynamic Campus Solutions | It Services | $3,986,078 |
| Aramark Corporation | Food Service Provider | $3,658,207 |
| Kozloff Stoudt PC | Legal Services | $379,740 |
| Saul Ewing LLP | Legal Services | $356,554 |
| New Castle Lawn and Landscape | Landscaping | $335,159 |
Grants received · $2.5M total
64 grants to Albright College totaling $2.5M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| National Board of Medical Examiners | Grant - see part iv | 2024 | $60,640 |
| Charities Aid Foundation America | Charitable donation | 2024 | $11,306 |
| Community Services For Children Inc | Continuous quality improvement award | 2024 | $6,500 |
| American Online Giving Foundation Inc | General support | 2024 | $6,006 |
| National Board of Medical Examiners | Philanthropy grant - see part iv | 2023 | $204,000 |
| Donor Advised Charitable Giving | Education | 2023 | $25,300 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $19,400 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $12,856 |
| Community Services For Children Inc | Continuous quality improvement award | 2023 | $6,500 |
| American Online Giving Foundation Inc | General support | 2023 | $5,888 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $147,550 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2022 | $31,000 |
| The Blackbaud Giving Fund | General support | 2022 | $19,177 |
| Donor Advised Charitable Giving | Education | 2022 | $12,700 |
| World Learning Inc | Participant exchanges | 2022 | $11,869 |
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Compare Albright College
Frequently asked questions
- Is Albright College a legitimate nonprofit?
- Yes. Albright College is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 23-1352615, based in Reading, Pennsylvania. Donations are tax-deductible.
- What is Albright College's EIN?
- Albright College's Employer Identification Number (EIN) is 23-1352615.
- How much revenue does Albright College report?
- Albright College reported $85,676,459 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Albright College's spending goes to programs?
- Albright College spends about 86% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Albright College have?
- CharityIndex grades Albright College A, based on program efficiency and fundraising cost.
- How much does Albright College's highest-paid employee make?
- The highest reported compensation on Albright College's latest Form 990 is $441,587, paid to Jacquelyn S Fetrow Phd (President).
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Data for Albright College (EIN 23-1352615) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.