Lycoming College
80% goes to programs $23 to raise $100 Strong reserves
Lycoming College is a 501(c)(3) organization based in Williamsport, Pennsylvania, registered in 1944, with $85,085,298 in FY2023 revenue. CharityIndex grades it A, and it directs about 80% of spending to programs.
1 College Pl, Williamsport, PA, 17701 EIN 24-0795965 Since 1944
Revenue (FY2023)
$85.1M
▲ 17.8% vs prior year
Education median: $200K
Expenses (FY2023)
$88.8M
Net assets
$258.1M
Employees
1,083
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 rating80% to programs · $23 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 Lycoming College: 80% to programs · $23 to raise $100 earns a A on this criterion. See the exact thresholds →
B+Financial health25% of the rating35 mo reserves · -4% 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 Lycoming College: 35 mo reserves · -4% 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 Lycoming 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 Lycoming College: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To provide a distinguished baccalaureate education in the liberal arts and sciences.
Contact & location
- Address
- 1 College Pl, Williamsport, PA, 17701
- City
- Williamsport
- State
- Pennsylvania
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $70.6M (FY2013) to $85.1M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $54.3MNet assets $258.1M
Operating margin
-4.4%
Spent more than it raised in the latest fiscal year.
Total assets
$312.4M
Total liabilities
$54.3M
Net assets
$258.1M
Salaries & benefits
$26.7M
30% of expenses
Board members
32
31 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $85,085,298▲17.8% | $88,842,175▲2.2% | $258,057,000▲3.6% | $312,363,220▲4.0% | 990 |
| 2022 | $72,221,411▼19.2% | $86,887,694▲1.6% | $249,197,000 | $300,465,533▲0.6% | 990 |
| 2021 | $89,358,033▲0.8% | $85,552,748▲10.1% | $249,100,700▼8.5% | $298,802,634▼9.0% | 990 |
| 2020 | $88,685,809▲28.7% | $77,710,529▼0.4% | $272,141,000▲20.4% | $328,481,889▲17.4% | 990 |
| 2019 | $68,926,133▼8.1% | $77,994,100▲3.8% | $225,943,600▼4.3% | $279,702,335▼4.2% | 990 |
| 2018 | $75,007,302▲0.7% | $75,172,547▲0.6% | $236,099,662 | $291,884,213▲0.9% | 990 |
| 2017 | $74,519,544▼5.8% | $74,739,109▼0.4% | $236,039,880▲3.2% | $289,299,873▲2.3% | 990 |
| 2016 | $79,098,470▲18.4% | $75,010,069▲5.1% | $228,629,362▲7.5% | $282,862,528▲5.9% | 990 |
| 2015 | $66,790,770▼5.8% | $71,354,892▲6.3% | $212,626,912▼4.9% | $267,207,346▼5.5% | 990 |
| 2014 | $70,913,407▲0.5% | $67,156,240▲12.4% | $223,544,896▼1.0% | $282,686,158▲0.2% | 990 |
| 2013 | $70,561,797 | $59,723,889▲6.3% | $225,768,076▲14.2% | $282,168,604▲20.5% | 990 |
| 2012 | — | $56,197,047▲2.4% | $197,684,829▲9.1% | $234,143,842▲7.3% | 990 |
| 2011 | — | $54,862,238▲6.4% | $181,178,871▲2.0% | $218,165,854▲1.1% | 990 |
| 2010 | — | $51,574,160▲3.4% | $177,579,255▲19.6% | $215,762,044▲15.3% | 990 |
| 2009 | — | $49,893,000 | $148,528,000 | $187,089,000 | 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: Dr Kent C Trachte — $400,578 (0.45% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Dr Kent C Trachte | President | 40 | $400,578 |
| Charles W Edmonds | Executive Vp College Advancement | 40 | $270,998 |
| Jeffrey L Bennett CPA | Vp Finance & Admin Cfo/treasurer | 40 | $209,937 |
| Dr Philip W Sprunger | Provost | 40 | $206,597 |
| Robert L Dunkleberger | Chief Information Officer | 40 | $155,986 |
| Michael Clark | Athletic Dir/head Football | 40 | $144,619 |
| Daniel P Miller | Vp Student Life | 40 | $143,678 |
| Susan Ross | Dean of College | 40 | $135,160 |
| Kortet Mensah | Asst To Pres/chief Diversity Officer | 40 | $132,059 |
| Sascha Feinstein | Professor | 1 | $124,372 |
| John Whelan | Professor | 40 | $122,610 |
| Mehrdad Madresehee | Professor | 40 | $121,668 |
| Kacy Hagan | Assoc Vp Hr & Compliance | 40 | $120,849 |
| Michael J Konopski | Sr Advisor Enrollment Mgmt | 40 | $119,117 |
| Richard Hinton | Vp Enrollment Mgmt | 40 | $55,151 |
| Ann S Pepperman Esq | Assistant Secretary | 1 | — |
| Barbara Lovenduski Sylk | Trustee | 1 | — |
| Brian L Belz | Assistant Secretary | 1 | — |
| Colleen M Heisey | Trustee | 1 | — |
| Daniel R Langdon | Trustee | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Parkhurst Dining Services | Contracted Food Svcs | $4,481,625 |
| Watts Consulting | Building Contractor | $1,403,439 |
| R&j Ertel Inc | Plumbing/heat Contractor | $1,154,718 |
| Pine Ridge Construct Management | Building Contractor | $939,341 |
| Huron Consulting Services | Student Marketing Svcs | $480,675 |
Grants received · $1.7M total
50 grants to Lycoming College totaling $1.7M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Online Giving Foundation Inc | General support | 2024 | $18,238 |
| Bny Mellon Charitable Gift Fund | To further the organization's exempt purpose | 2024 | $12,164 |
| Charities Aid Foundation America | Charitable donation | 2024 | $8,843 |
| American Endowment Foundation | Educational | 2024 | $7,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $298,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $66,000 |
| American Online Giving Foundation Inc | General support | 2023 | $25,227 |
| Donor Advised Charitable Giving | Education | 2023 | $19,750 |
| Carnegie Mellon University | Education/research | 2023 | $12,721 |
| Charities Aid Foundation America | Charitable donation | 2023 | $11,218 |
| Philadelphia Foundation | Education | 2023 | $10,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $90,600 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2022 | $58,200 |
| Upmc | General support | 2022 | $51,099 |
| American Online Giving Foundation Inc | General support | 2022 | $21,135 |
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Compare Lycoming College
Frequently asked questions
- Is Lycoming College a legitimate nonprofit?
- Yes. Lycoming College is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 24-0795965, based in Williamsport, Pennsylvania. Donations are tax-deductible.
- What is Lycoming College's EIN?
- Lycoming College's Employer Identification Number (EIN) is 24-0795965.
- How much revenue does Lycoming College report?
- Lycoming College reported $85,085,298 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Lycoming College's spending goes to programs?
- Lycoming College spends about 80% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Lycoming College have?
- CharityIndex grades Lycoming College A, based on program efficiency and fundraising cost.
- How much does Lycoming College's highest-paid employee make?
- The highest reported compensation on Lycoming College's latest Form 990 is $400,578, paid to Dr Kent C Trachte (President).
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Data for Lycoming College (EIN 24-0795965) 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.