Claremont Mckenna College
501(c)(3) Donations tax-deductible
80% goes to programs $17 to raise $100 Strong reserves Growing revenue
Claremont Mckenna College is a 501(c)(3) organization based in Claremont, California, registered in 1948, with $233,775,667 in FY2023 revenue. CharityIndex grades it B+, and it directs about 80% of spending to programs.
888 Columbia Ave, Claremont, CA, 91711 EIN 95-1664101 Since 1948
Revenue (FY2023)
$233.8M
▲ 5.0% vs prior year
Expenses (FY2023)
$219.1M
Net assets
$1.9B
Employees
2,057
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
B+Program efficiency40% of the rating80% to programs · $17 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 Claremont Mckenna College: 80% to programs · $17 to raise $100 earns a B+ on this criterion. See the exact thresholds →
B+Financial health25% of the rating105 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 Claremont Mckenna College: 105 mo reserves · +6% margin earns a B+ 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 Claremont Mckenna 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 Claremont Mckenna College: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
Claremont mckenna college's mission is to prepare students for thoughtful and productive lives and responsible leadership in business, government, and the professions. the college pursues this mission by providing a liberal arts education that emphasizes economics and political science; promotes faculty and student scholarship that contributes to intellectual vitality and an understanding of public policy issues; supports a professoriate that is dedicated to effective undergraduate teaching; reinforces a close student-teacher relationship that fosters critical inquiry; sustains an active residential and intellectual environment; sponsors scholarly support for a faculty of teacher-scholars; and champions freedom of expression, viewpoint diversity, and constructive dialogue, as well as institutional neutrality, through the open academy.
Contact & location
- Address
- 888 Columbia Ave, Claremont, CA, 91711
- City
- Claremont
- State
- California
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $157.6M (FY2013) to $233.8M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $628.7MNet assets $1.9B
Operating margin
6.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.5B
Total liabilities
$628.7M
Net assets
$1.9B
Salaries & benefits
$86.6M
40% of expenses
Board members
43
42 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $233,775,667▲5.0% | $219,081,480▲4.4% | $1,911,894,994▲7.5% | $2,540,600,820▲6.2% | 990 |
| 2022 | $222,715,378▼52.1% | $209,774,969▲6.2% | $1,778,186,143▲1.5% | $2,392,275,877▼0.7% | 990 |
| 2021 | $465,299,409▲184% | $197,485,637▲30.3% | $1,752,567,884▲0.9% | $2,409,070,336▲8.2% | 990 |
| 2020 | $164,116,931▼49.0% | $151,529,141▼7.0% | $1,736,436,351▲30.3% | $2,226,003,040▲27.1% | 990 |
| 2019 | $321,560,955▲67.8% | $162,961,294▲2.1% | $1,332,959,384▲11.9% | $1,751,055,641▲21.2% | 990 |
| 2018 | $191,632,076▲28.9% | $159,565,470▲6.9% | $1,191,077,845▲5.2% | $1,444,354,936▲4.0% | 990 |
| 2017 | $148,659,295▲2.1% | $149,305,663▲6.6% | $1,131,868,253▲6.7% | $1,388,711,499▲4.7% | 990 |
| 2016 | $145,584,464▲7.4% | $140,027,804▼4.6% | $1,060,774,905▲9.1% | $1,326,170,390▲6.8% | 990 |
| 2015 | $135,605,587▼12.6% | $146,725,728▲14.5% | $972,593,929▼4.9% | $1,241,791,377▼3.1% | 990 |
| 2014 | $155,130,937▼1.6% | $128,133,153▲2.4% | $1,022,311,825▼0.6% | $1,281,590,869▲1.5% | 990 |
| 2013 | $157,594,159 | $125,073,235▲2.9% | $1,028,073,645▲11.9% | $1,262,675,839▲9.7% | 990 |
| 2012 | — | $121,506,118▲3.7% | $918,443,155▲10.0% | $1,150,673,481▲10.9% | 990 |
| 2011 | — | $117,186,707▲11.1% | $834,698,016▲2.8% | $1,037,493,741▲2.1% | 990 |
| 2010 | — | $105,473,941▲4.4% | $811,833,957▲13.4% | $1,016,529,068▲10.3% | 990 |
| 2009 | — | $101,015,597 | $715,931,257 | $921,365,103 | 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 (FY2023)
Highest-paid: Hiram Chodosh — $1,628,616 (0.74% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Hiram Chodosh | President | 40 | $1,628,616 |
| James Floyd | Vp and Chief Investment Officer | 1 | $888,315 |
| Michael Denny | Avp For Investments | 1 | $472,873 |
| Nishant Dass | Faculty | 40 | $431,159 |
| Eric Hughson | Faculty | 40 | $425,311 |
| Sharon Basso Exec Vp and | Coo, Acting President (thru 12/23) | 40 | $395,666 |
| Michelle Chamberlain Vp Adv | Dean of Robert Day Scholars Program | 40 | $375,840 |
| Eric Helland | Faculty | 40 | $354,634 |
| Ran Libeskind-hadas | Faculty | 40 | $354,157 |
| Heather Antecol Vp For Acad | Affairs & Dean of Faculty, Prof. | 40 | $347,552 |
| Matthew Bibbens Vp of Campus | Planning & Cap. Proj., Sp. Counsel | 40 | $335,790 |
| Erin Watkins | Vp of Business, Cfo | 40 | $290,000 |
| Peter Uvin | Former Vp of Academic Affairs | 40 | $267,676 |
| Nyree Gray Vp of Human | Relations & Chief Diversity Officer | 40 | $264,900 |
| Diana Graves | Vp For Student Affairs | 40 | $261,177 |
| Marcie Gardner | General Counsel | 40 | $258,340 |
| Kimberly Shiring Secretary of | The College & Director of Public Art | 40 | $163,500 |
| Akshata N Murty | Trustee | 1 | — |
| Allison Aldrich | Trustee | 1 | — |
| Amb C Steven Mcgann | Trustee (thru 05/23) | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Kprs Construction Services Inc | Construction | $20,855,466 |
| Bon Appetit | Food Service | $5,252,502 |
| Bjarke Ingels Group California Inc | Architect | $4,658,826 |
| Gardner Company Inc | Hvac | $1,386,281 |
| Abm Onsite Services - West Inc | Janitorial Services | $1,261,294 |
Grants received · $50.4M total
240 grants to Claremont Mckenna College totaling $50.4M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $1,192,500 |
| American Endowment Foundation | Educational | 2024 | $769,400 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Education | 2024 | $311,250 |
| Columbus Foundation | Education | 2024 | $166,633 |
| Rose Community Foundation | Appel scholars | 2024 | $100,000 |
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2024 | $93,310 |
| Ayco Charitable Foundation | Education | 2024 | $80,000 |
| Jewish Community Fdn of the Jewish Federation Council of Greater La | General support | 2024 | $72,430 |
| Toledo Community Foundation | College lacrosse fund; scholarship fund | 2024 | $50,000 |
| Raymond James Charitable Endowment Fund | General support | 2024 | $50,000 |
| Charities Aid Foundation America | Charitable donation | 2024 | $35,921 |
| Hispanic Scholarship Fund | To provide scholarships for students | 2024 | $30,806 |
| Los Altos Community Foundation | Operations | 2024 | $25,000 |
| Tulsa Community Foundation | General operations | 2024 | $15,000 |
| Austin Community Foundation | Education | 2024 | $10,000 |
Frequently asked questions
- Is Claremont Mckenna College a legitimate nonprofit?
- Yes. Claremont Mckenna College is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 95-1664101, based in Claremont, California. Donations are tax-deductible.
- What is Claremont Mckenna College's EIN?
- Claremont Mckenna College's Employer Identification Number (EIN) is 95-1664101.
- How much revenue does Claremont Mckenna College report?
- Claremont Mckenna College reported $233,775,667 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Claremont Mckenna College's spending goes to programs?
- Claremont Mckenna College spends about 80% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Claremont Mckenna College have?
- CharityIndex grades Claremont Mckenna College B+, based on program efficiency and fundraising cost.
- How much does Claremont Mckenna College's highest-paid employee make?
- The highest reported compensation on Claremont Mckenna College's latest Form 990 is $1,628,616, paid to Hiram Chodosh (President).
More nonprofits in Claremont
Explore more
Data for Claremont Mckenna College (EIN 95-1664101) 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.