Allegheny College
89% goes to programs $8 to raise $100 Strong reserves
Allegheny College is a 501(c)(3) organization based in Meadville, Pennsylvania, registered in 1942, with $139,329,636 in FY2024 revenue. CharityIndex grades it A, and it directs about 89% of spending to programs.
520 N Main St, Meadville, PA, 16335 EIN 25-0965212 Since 1942
Revenue (FY2024)
$139.3M
▼ 1.3% vs prior year
Education median: $200K
Expenses (FY2024)
$131.6M
Net assets
$399.5M
Employees
1,323
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 rating89% to programs · $8 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 Allegheny College: 89% to programs · $8 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating36 mo reserves · +6% 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 Allegheny College: 36 mo reserves · +6% 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 Allegheny College: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 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 Allegheny College: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Four year institution of higher education.
What they do
Auxiliary enterprises: the college's auxiliaries exist primarily to furnish goods and services to enrolled students, faculty and staff. these services primarily consist of on-campus housing services and dining services.
In fy 25, allegheny college opened alic @ bessemer, its branch campus created to build the regional manufacturing workforce. in 2025, we developed and launched 21 technical training courses on technologies such as cnc machining, robotics, automation, programmable logic controls, industrial electrical systems, and professional development tools such as excel and leadership strategies. the components of alic @ bessemer:- technical training facilityalic @ bessemer offers high-tech, advanced manufacturing processes and operations training programs for incumbent workers, recent high school graduates, and underemployed individuals. see continuation on schedule o.alic was recently granted accreditation through the middle states commission on higher education, allowing our courses to be credit-bearing starting in the fall of 2025.- venture studioswhere we, alongside industry partners, ideate on the future of manufacturing, spinning off startups to solve near-future challenges.- applied research laboratoriesour four-year students from across campus will work alongside industry partners on applied research opportunities. they will deploy the theoretical knowledge gained through their rigorous allegheny education to real-world applications defined by our industry partners.- shared use - alic @ bessemer equipment will be available for our industry partners to rent time on, alleviating internal capacity issues and giving them access to high-end machinery that might otherwise be out of reach.
Contact & location
- Address
- 520 N Main St, Meadville, PA, 16335
- City
- Meadville
- State
- Pennsylvania
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $119.9M (FY2013) to $139.3M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $68.9MNet assets $399.5M
Operating margin
5.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$468.4M
Total liabilities
$68.9M
Net assets
$399.5M
Salaries & benefits
$38.8M
30% of expenses
Board members
39
36 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $139,329,636▼1.3% | $131,645,480▲2.4% | $399,473,453▲6.3% | $468,360,473▲6.5% | 990 |
| 2023 | $141,186,287▲21.1% | $128,591,001▼2.1% | $375,875,585▲8.1% | $439,967,356▲5.9% | 990 |
| 2022 | $116,596,893▼10.5% | $131,364,869▼3.0% | $347,619,706▼0.5% | $415,584,668▼1.5% | 990 |
| 2021 | $130,249,949▲2.4% | $135,407,744▲6.1% | $349,409,865▼8.1% | $421,873,412▼7.6% | 990 |
| 2020 | $127,179,647▼4.6% | $127,599,686▼3.8% | $380,191,616▲20.4% | $456,702,968▲15.7% | 990 |
| 2019 | $133,276,189▼3.5% | $132,597,375▲2.8% | $315,834,647▲0.4% | $394,705,721▼0.7% | 990 |
| 2018 | $138,171,379▲2.3% | $129,002,892▼3.3% | $314,526,701▲4.5% | $397,585,888▲3.2% | 990 |
| 2017 | $135,115,141▲11.8% | $133,397,426▲6.3% | $300,915,680▲2.4% | $385,272,210▲5.8% | 990 |
| 2016 | $120,900,644▼0.4% | $125,442,802▲2.1% | $293,991,120▲7.9% | $364,168,065▲5.3% | 990 |
| 2015 | $121,439,351▼1.5% | $122,828,031▲0.1% | $272,540,700▼1.5% | $345,967,264▼1.5% | 990 |
| 2014 | $123,350,945▲2.9% | $122,702,134▲2.3% | $276,644,482▼3.3% | $351,184,125▼2.8% | 990 |
| 2013 | $119,851,104 | $119,999,022▲4.3% | $285,986,421▲8.4% | $361,202,595▲6.5% | 990 |
| 2012 | — | $115,099,376▲4.0% | $263,897,144▲7.9% | $339,262,345▲5.1% | 990 |
| 2011 | — | $110,691,214▲3.3% | $244,524,317▼3.9% | $322,934,038▼2.3% | 990 |
| 2010 | — | $107,172,095▲6.5% | $254,330,959▲10.1% | $330,646,067▲6.9% | 990 |
| 2009 | — | $100,621,060 | $230,912,059 | $309,389,352 | 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: Ronald B Cole Phd — $367,492 (0.28% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Ronald B Cole Phd | President & Ceo | 50 | $367,492 |
| Matthew Stinson | Vp For Institutional Advancement | 50 | $253,196 |
| Linda S Wetsell | Cfo/ Vp of Finance/ Treasurer | 50 | $252,356 |
| Angela Haddad Provost and | Dean of College (exited 8/24) | 50 | $183,409 |
| Katrina Copeland-yeung | Cio | 50 | $169,399 |
| Jennifer Dearden | Interim Provost, Secretary | 50 | $163,353 |
| Ian Binnington | Dean For Student Success | 50 | $161,980 |
| Joseph Michael | Director of Facilities | 50 | $161,487 |
| Jennifer Winge | Vp Enrollment | 50 | $137,891 |
| Heather Roberson Dean of | Student & Community Development | 50 | $137,642 |
| Afua Osei | Trustee | 2 | — |
| Albert R Trezza | Trustee | 2 | — |
| Aly Kassam-remtulla | Trustee | 2 | — |
| Antonio Dias | Trustee | 2 | — |
| Bishop Cynthia Moore-koikio | Trustee | 2 | — |
| Bruce R Thompson | Trustee | 2 | — |
| Carol St Clair Chlystek | Trustee | 2 | — |
| Christian L Allison | Trustee | 2 | — |
| Curt A Cramer | Trustee | 2 | — |
| Debra L Fitzsimonsphd | Cfo/ Vp/treasurer (entered 2/25) | 50 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Parkhurst Dining Services | Food Service | $6,737,699 |
| St Moritz Building Services Inc | Cleaning Service | $2,729,856 |
| Benyon Sports Surfaces | Construction | $1,629,853 |
| Mosites Construction | Construction | $1,346,366 |
| Drivestream Inc | Contracted Service/erp | $1,000,000 |
Grants received · $13.8M total
132 grants to Allegheny College totaling $13.8M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2024 | $500,000 |
| The Pittsburgh Foundation | Higher education | 2024 | $63,063 |
| The Us Charitable Gift Trust | For recipient's exempt purpose | 2024 | $61,815 |
| American Online Giving Foundation Inc | General support | 2024 | $46,673 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $25,000 |
| Charities Aid Foundation America | Charitable donation | 2024 | $14,954 |
| Community Foundation For Greater Buffalo Inc | Charitable support. any restrictions have been communicated to the grantee. | 2024 | $14,815 |
| American Endowment Foundation | Educational | 2024 | $11,000 |
| Ayco Charitable Foundation | Education | 2024 | $10,000 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Education | 2024 | $10,000 |
| T Rowe Price Program For Charitable Giving Inc | Multiple | 2024 | $5,650 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $549,345 |
| Donor Advised Charitable Giving | Education | 2023 | $95,488 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2023 | $65,000 |
| The Us Charitable Gift Trust | For recipient's exempt purpose | 2023 | $60,180 |
Grants made · $117K in FY2024
2 grants totaling $117K in FY2024. All grants made by Allegheny College →
| Recipient | Purpose | Amount |
|---|---|---|
| City of Meadville | Financial support | $100,000 |
| Meadville Area Chamber of Commerce | Financial support | $17,300 |
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Compare Allegheny College
Frequently asked questions
- Is Allegheny College a legitimate nonprofit?
- Yes. Allegheny College is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 25-0965212, based in Meadville, Pennsylvania. Donations are tax-deductible.
- What is Allegheny College's EIN?
- Allegheny College's Employer Identification Number (EIN) is 25-0965212.
- How much revenue does Allegheny College report?
- Allegheny College reported $139,329,636 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Allegheny College's spending goes to programs?
- Allegheny College spends about 89% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Allegheny College have?
- CharityIndex grades Allegheny College A, based on program efficiency and fundraising cost.
- How much does Allegheny College's highest-paid employee make?
- The highest reported compensation on Allegheny College's latest Form 990 is $367,492, paid to Ronald B Cole Phd (President & Ceo).
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Data for Allegheny College (EIN 25-0965212) 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.