Harvey Mudd College
86% goes to programs $39 to raise $100 Strong reserves Growing revenue
Harvey Mudd College is a 501(c)(3) organization based in Claremont, California, registered in 1958, with $120,148,671 in FY2023 revenue. CharityIndex grades it B+, and it directs about 86% of spending to programs.
301 Platt Blvd, Claremont, CA, 91711 EIN 95-1911219 Since 1958
Revenue (FY2023)
$120.1M
▼ 1.5% vs prior year
Education median: $200K
Expenses (FY2023)
$111.3M
Net assets
$598.7M
Employees
1,210
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
BProgram efficiency40% of the rating86% to programs · $39 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 Harvey Mudd College: 86% to programs · $39 to raise $100 earns a B on this criterion. See the exact thresholds →
B+Financial health25% of the rating65 mo reserves · +7% 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 Harvey Mudd College: 65 mo reserves · +7% 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 Harvey Mudd 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 Harvey Mudd 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
Hmc is one of the premier math, science and engineering liberal arts colleges in the nation.
Contact & location
- Address
- 301 Platt Blvd, Claremont, CA, 91711
- City
- Claremont
- State
- California
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $98.3M (FY2013) to $120.1M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $76.5MNet assets $598.7M
Operating margin
7.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$675.3M
Total liabilities
$76.5M
Net assets
$598.7M
Salaries & benefits
$50.2M
45% of expenses
Board members
41
40 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $120,148,671▼1.5% | $111,257,604▲3.7% | $598,721,011▲7.5% | $675,267,142▲6.5% | 990 |
| 2022 | $122,013,429▼9.9% | $107,261,135▲9.7% | $556,853,824▲2.8% | $634,073,455▲2.1% | 990 |
| 2021 | $135,401,536▲74.2% | $97,791,014▲25.1% | $541,723,363▼5.9% | $620,812,431▼5.8% | 990 |
| 2020 | $77,731,780▼15.7% | $78,166,837▼16.6% | $575,922,264▲27.9% | $659,151,438▲24.3% | 990 |
| 2019 | $92,164,752▼5.0% | $93,685,743▲0.8% | $450,439,869▼1.9% | $530,392,219▲2.6% | 990 |
| 2018 | $97,006,334▼13.8% | $92,943,737▲6.8% | $459,158,588▲3.5% | $516,739,706▲3.1% | 990 |
| 2017 | $112,549,527▲29.0% | $86,988,118▲3.3% | $443,511,676▲7.2% | $501,358,279▲6.0% | 990 |
| 2016 | $87,228,106▲8.0% | $84,185,610▲1.6% | $413,732,565▲7.1% | $472,979,374▲6.6% | 990 |
| 2015 | $80,801,211▲20.3% | $82,868,058▲6.8% | $386,396,572▼4.4% | $443,794,075▼4.0% | 990 |
| 2014 | $67,141,991▼31.7% | $77,622,610▲5.0% | $403,989,578▼3.2% | $462,096,451▲2.7% | 990 |
| 2013 | $98,303,521 | $73,907,104▲9.1% | $417,136,916▲9.4% | $450,018,209▲8.2% | 990 |
| 2012 | — | $67,753,356▲2.4% | $381,244,756▲12.0% | $416,042,651▲11.4% | 990 |
| 2011 | — | $66,178,307▲3.6% | $340,256,968▼1.1% | $373,311,106▼1.0% | 990 |
| 2010 | — | $63,902,155▲4.2% | $344,099,511▲12.0% | $377,107,852▲15.4% | 990 |
| 2009 | — | $61,338,592 | $307,281,581 | $326,679,708 | 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: Maria Klawe — $577,908 (0.52% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Maria Klawe | Former President | 50 | $577,908 |
| Andrew Dorantes - Vpchief | Operating Officer & Treasurer | 50 | $427,073 |
| Harriet B Nembhard | President | 50 | $362,345 |
| Hieu Nguyen | Vp For Advancement | 50 | $336,296 |
| Tom Donnelly - Vp For Academic | Affairs & Dean of Faculty | 50 | $276,454 |
| Joseph Vaughan - Chief Infomat | Officer & Vp of Comp and Info Servic | 50 | $261,894 |
| Thyra Briggs | Vp For Admissions and Financial Aid | 50 | $261,586 |
| Zachary Dodds | Faculty | 40 | $234,767 |
| Haydee Lindo | Faculty | 40 | $234,164 |
| Matthew Spencer | Faculty | 40 | $231,127 |
| Jamie Haddock | Faculty | 40 | $224,867 |
| Marco Valenzuela - Vp Student | Affairs & Dean of Students | 40 | $212,499 |
| Kimberly Stafford | Interim Vp For Advancement | 40 | $208,628 |
| Alfonso Castro | Faculty | 40 | $205,057 |
| Timothy Hussey - Chief Communic | Officer & Asst Sec To Board | 50 | $190,990 |
| Karen Angemi | Chief of Staff & Secretary To Board | 50 | $148,994 |
| Albert Lee | Trustee | 1 | — |
| Allan Leinwand | Trustee | 1 | — |
| Amyn Rajan | Trustee | 1 | — |
| Autumn Preskill | Trustee | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Sodexo Inc | Food Service | $2,799,336 |
| Tovey Shultz Construction Inc | Construction | $2,406,867 |
| Rey-crest Roofing & Waterproofing Co | Roofing, Construction | $682,264 |
| Thermal Concepts Inc | Repair Onsite | $286,064 |
| Prontto Electric | Electrical Repair Onsite | $235,183 |
Grants received · $18.3M total
117 grants to Harvey Mudd College totaling $18.3M, 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 | $152,505 |
| Daffy Charitable Fund | General support of mission | 2024 | $130,010 |
| Greater Horizons | Education | 2024 | $70,762 |
| Ayco Charitable Foundation | Education | 2024 | $32,000 |
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2024 | $20,000 |
| Impactassets Inc | General support | 2024 | $15,000 |
| Hispanic Scholarship Fund | To provide scholarships for students | 2024 | $13,366 |
| Mile High United Way Inc | Other | 2024 | $10,000 |
| Mile High United Way Inc | Other | 2024 | $10,000 |
| American Physical Society | Prizes & awards - stipends | 2024 | $6,000 |
| American Online Giving Foundation Inc | General support | 2024 | $5,915 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $1,573,302 |
| Donor Advised Charitable Giving | Education | 2023 | $534,662 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $173,095 |
| American Online Giving Foundation Inc | General support | 2023 | $169,464 |
Similar organizations in Education
Education
Visions In Education
Sacramento, CA
$118.3M
Aannual revenue
Education
Five Keys Schools and Programs
Oakland, CA
$122.0M
Aannual revenue
Education
Khan Academy Inc
Mountain View, CA
$117.5M
C+annual revenue
Education
The U C Davis Foundation
Davis, CA
$117.4M
Aannual revenue
Education
University of Massachusetts Global
Aliso Viejo, CA
$116.9M
Cannual revenue
Education
Brilliant Corners
San Francisco, CA
$116.3M
A+annual revenue
Education
River Springs Charter School Inc
Temecula, CA
$124.4M
B+annual revenue
Education
Catalyst Family Inc
Morgan Hill, CA
$115.9M
Bannual revenue
Education
Kaiser Permanente Bernard J Tyson School of Medicine Inc
Oakland, CA
$115.4M
Aannual revenue
Education
Cal Poly Corporation
San Luis Obispo, CA
$125.0M
A+annual revenue
Compare Harvey Mudd College
Frequently asked questions
- Is Harvey Mudd College a legitimate nonprofit?
- Yes. Harvey Mudd College is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 95-1911219, based in Claremont, California. Donations are tax-deductible.
- What is Harvey Mudd College's EIN?
- Harvey Mudd College's Employer Identification Number (EIN) is 95-1911219.
- How much revenue does Harvey Mudd College report?
- Harvey Mudd College reported $120,148,671 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Harvey Mudd College's spending goes to programs?
- Harvey Mudd College spends about 86% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Harvey Mudd College have?
- CharityIndex grades Harvey Mudd College B+, based on program efficiency and fundraising cost.
- How much does Harvey Mudd College's highest-paid employee make?
- The highest reported compensation on Harvey Mudd College's latest Form 990 is $577,908, paid to Maria Klawe (Former President).
More nonprofits in Claremont
Explore more
Data for Harvey Mudd College (EIN 95-1911219) 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.