Earlham College
84% goes to programs $5 to raise $100 Strong reserves Declining revenue
Earlham College is a 501(c)(3) organization based in Richmond, Indiana, registered in 1935, with $102,326,354 in FY2023 revenue. CharityIndex grades it A, and it directs about 84% of spending to programs.
801 National Rd W, Richmond, IN, 47374 EIN 35-0868073 Since 1935
Revenue (FY2023)
$102.3M
▲ 39.8% vs prior year
Education median: $200K
Expenses (FY2023)
$90.1M
Net assets
$260.3M
Employees
928
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 rating84% to programs · $5 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 Earlham College: 84% to programs · $5 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating35 mo reserves · +12% 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 Earlham College: 35 mo reserves · +12% 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 Earlham 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 Earlham College: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
An intellectually challenging, globally engaged, and socially concerned liberal arts college.
What they do
Earlham school of religion - providing seminary training for approximately 50 students.
Contact & location
- Address
- 801 National Rd W, Richmond, IN, 47374
- City
- Richmond
- State
- Indiana
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $88.4M (FY2013) to $102.3M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $88.5MNet assets $260.3M
Operating margin
12.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$348.8M
Total liabilities
$88.5M
Net assets
$260.3M
Salaries & benefits
$29.6M
33% of expenses
Board members
24
23 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $102,326,354▲39.8% | $90,066,670▲6.9% | $260,310,672▲6.9% | $348,823,703▲4.4% | 990 |
| 2022 | $73,216,242▲32.3% | $84,250,554▼0.5% | $243,574,717▼4.1% | $334,073,088▼3.2% | 990 |
| 2021 | $55,339,935▼56.9% | $84,669,583▲5.1% | $254,054,052▼11.1% | $345,007,495▼8.7% | 990 |
| 2020 | $128,405,386▲91.7% | $80,539,183▼14.0% | $285,642,479▲21.3% | $378,034,692▲13.1% | 990 |
| 2019 | $66,993,296▼23.3% | $93,602,173▼8.2% | $235,487,511▼10.4% | $334,236,749▼9.1% | 990 |
| 2018 | $87,317,383▼9.7% | $101,910,155▲1.4% | $262,690,262▼5.5% | $367,659,713▼5.5% | 990 |
| 2017 | $96,649,784▼2.0% | $100,533,282▲3.9% | $278,010,085▼0.8% | $389,090,616▼3.0% | 990 |
| 2016 | $98,635,585▲32.2% | $96,787,672▲8.3% | $280,372,647▲6.5% | $401,002,464▲5.3% | 990 |
| 2015 | $74,633,940▼11.8% | $89,395,718▲5.3% | $263,383,113▼9.4% | $380,953,927▼5.4% | 990 |
| 2014 | $84,649,762▼4.2% | $84,911,810▲1.5% | $290,851,424▼2.2% | $402,858,201▲2.1% | 990 |
| 2013 | $88,355,315 | $83,620,638▲7.2% | $297,325,130▲36.7% | $394,605,977▲23.5% | 990 |
| 2012 | — | $78,013,287▲7.3% | $217,578,443▲12.0% | $319,527,943▲37.6% | 990 |
| 2011 | — | $72,675,577▼0.2% | $194,220,692▲2.5% | $232,284,419▲1.3% | 990 |
| 2010 | — | $72,809,202▲4.3% | $189,514,728▲9.2% | $229,346,897▲6.6% | 990 |
| 2009 | — | $69,814,230 | $173,621,212 | $215,053,126 | 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: Anne Houtman — $277,925 (0.31% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Anne Houtman | President | 50 | $277,925 |
| Stacy L Davidson | Sr Vp of Finance & Admin & Cfo (until June 2024) | 48 | $223,888 |
| Bonita Washington-lacy | Vp Student Life/registrar | 50 | $185,367 |
| Kristen Lainsbury | Vp of Marketing & Communications | 50 | $176,564 |
| Kimberly Tanner | Vp Institutional Advancement | 50 | $167,654 |
| Christopher Little | Associate Vp of Human Resources, Safety and Risk | 50 | $148,470 |
| Michael Deibel | Avp of Academic Affairs | 50 | $142,835 |
| Gariot Louima | Associate Vp For Strategic Diversity Initiatives | 50 | $136,959 |
| Carrie D Ervin | Assoc Vp of Finance & Admin, Controller, Interim Cfo (beg June 2024) | 45 | $132,631 |
| Michael Bottorff | Assoc Vp of Informational Technology Services (until May 2024) | 50 | $127,308 |
| James Logan | Assoc. Academic Dean, Prof Religion | 50 | $125,160 |
| Gretchen Castle | Dean of Esr | 50 | $118,941 |
| Richard Stephens | Interim Provost | 40 | $117,390 |
| Alan Scantland | Trustee | 2 | — |
| Alexa Colin | Trustee | 2 | — |
| Anne Stassen | Trustee | 2 | — |
| Catherine Lemann | Trustee | 2 | — |
| Chad R Jackson | Trustee | 2 | — |
| Diana Hadley | Trustee | 2 | — |
| Drew Smith | Trustee | 2 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| F A Wilhelm Construction Co Inc | Contractor | $6,134,994 |
| Metz Cullinary Management | Food Services | $2,704,640 |
| National Management Resources Corp | Facilities Management | $2,493,189 |
| Boldyn (formerly Apogee) | Network Infrastructure Management | $1,182,204 |
| Astroturf Corporation | Contractor | $588,140 |
Grants received · $31.0M total
123 grants to Earlham College totaling $31.0M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Education | 2024 | $2,177,045 |
| Columbus Foundation | Education | 2024 | $570,000 |
| Greater Horizons | Education | 2024 | $65,000 |
| The Seattle Foundation | To provide general support | 2024 | $35,000 |
| Hispanic Scholarship Fund | To provide scholarships for students | 2024 | $24,706 |
| American Online Giving Foundation Inc | General support | 2024 | $14,388 |
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2024 | $10,700 |
| The New York Community Trust | For general support. | 2024 | $6,000 |
| Raymond James Charitable Endowment Fund | General support | 2024 | $5,000 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Education | 2023 | $1,793,669 |
| Columbus Foundation | Education | 2023 | $1,736,200 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $186,700 |
| Donor Advised Charitable Giving | Education | 2023 | $125,120 |
| The Chicago Community Trust | General support for programs, operations and other charitable purposes | 2023 | $70,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $66,500 |
Grants made · $2.0M in FY2023
1 grant totaling $2.0M in FY2023. All grants made by Earlham College →
| Recipient | Purpose | Amount |
|---|---|---|
| Earlham Foundation | Hold and invest gifts | $1,953,345 |
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Compare Earlham College
Frequently asked questions
- Is Earlham College a legitimate nonprofit?
- Yes. Earlham College is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 35-0868073, based in Richmond, Indiana. Donations are tax-deductible.
- What is Earlham College's EIN?
- Earlham College's Employer Identification Number (EIN) is 35-0868073.
- How much revenue does Earlham College report?
- Earlham College reported $102,326,354 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Earlham College's spending goes to programs?
- Earlham College spends about 84% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Earlham College have?
- CharityIndex grades Earlham College A, based on program efficiency and fundraising cost.
- How much does Earlham College's highest-paid employee make?
- The highest reported compensation on Earlham College's latest Form 990 is $277,925, paid to Anne Houtman (President).
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Explore more
Data for Earlham College (EIN 35-0868073) 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.