Oberlin College
93% goes to programs $18 to raise $100 Strong reserves
Oberlin College is a 501(c)(3) organization based in Oberlin, Ohio, registered in 1948, with $362,974,600 in FY2024 revenue. CharityIndex grades it A, and it directs about 93% of spending to programs.
173 W Lorain St Controllers Office, Oberlin, OH, 44074 EIN 34-0714363 Since 1948
Revenue (FY2024)
$363.0M
▼ 22.4% vs prior year
Education median: $200K
Expenses (FY2024)
$344.4M
Net assets
$1.8B
Employees
2,985
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
A+Program efficiency40% of the rating93% to programs · $18 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 Oberlin College: 93% to programs · $18 to raise $100 earns a A+ on this criterion. See the exact thresholds →
B+Financial health25% of the rating62 mo reserves · +5% 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 Oberlin College: 62 mo reserves · +5% 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 Oberlin 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 Oberlin College: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
See schedule o
Contact & location
- Address
- 173 W Lorain St Controllers Office, Oberlin, OH, 44074
- City
- Oberlin
- State
- Ohio
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $272.6M (FY2013) to $363.0M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $453.3MNet assets $1.8B
Operating margin
5.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.2B
Total liabilities
$453.3M
Net assets
$1.8B
Salaries & benefits
$118.7M
34% of expenses
Board members
31
30 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $362,974,600▼22.4% | $344,444,539▲7.3% | $1,780,522,291▲8.1% | $2,233,785,743▲5.5% | 990 |
| 2023 | $467,773,605▲36.0% | $320,890,254▲3.8% | $1,647,324,517▲13.7% | $2,117,814,822▲11.6% | 990 |
| 2022 | $343,982,974▼18.4% | $309,146,279▲8.0% | $1,449,267,440▲1.5% | $1,896,950,617▲4.2% | 990 |
| 2021 | $421,346,096▲53.0% | $286,125,914▲13.9% | $1,428,062,405▼3.9% | $1,820,320,492▲0.9% | 990 |
| 2020 | $275,432,722▼9.9% | $251,268,793▼2.6% | $1,485,330,004▲32.6% | $1,803,581,224▲25.9% | 990 |
| 2019 | $305,531,376▲6.2% | $257,878,609▼0.8% | $1,120,303,535▲1.9% | $1,432,118,020▲1.4% | 990 |
| 2018 | $287,828,818▲6.0% | $260,014,745▲3.8% | $1,099,154,308 | $1,412,767,578▲2.0% | 990 |
| 2017 | $271,435,973▲5.2% | $250,606,345▼0.3% | $1,099,637,431▲7.4% | $1,384,458,402▲4.7% | 990 |
| 2016 | $257,981,340▲9.9% | $251,285,952▼2.4% | $1,023,523,751▲8.3% | $1,322,456,220▲8.0% | 990 |
| 2015 | $234,781,090▼13.4% | $257,562,547▲5.3% | $944,736,251▼6.9% | $1,224,453,188▼3.1% | 990 |
| 2014 | $271,251,690▼0.5% | $244,535,754▲5.1% | $1,014,566,636▼0.3% | $1,263,166,736▼0.5% | 990 |
| 2013 | $272,614,990 | $232,673,338▲2.9% | $1,017,612,126▲13.4% | $1,269,650,008▲11.8% | 990 |
| 2012 | — | $226,014,285▲4.1% | $897,052,001▲8.8% | $1,135,293,957▲5.2% | 990 |
| 2011 | — | $217,147,092▲4.7% | $824,238,028▼4.2% | $1,079,429,732▼1.1% | 990 |
| 2010 | — | $207,467,439▲3.2% | $860,375,343▲15.0% | $1,091,985,410▲10.3% | 990 |
| 2009 | — | $201,073,891 | $748,343,283 | $990,065,743 | 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: Jun Yang — $755,043 (0.22% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Jun Yang | Chief Investment Officer | 40 | $755,043 |
| Carmen Ambar | President | 40 | $592,962 |
| Rebecca Vazquez-skillings | Vice President For Finance and Administration | 40 | $287,608 |
| Matthew Lahey | Vice President, Gen Counsel & Secretary | 40 | $281,689 |
| Katarzyna Karapuda | Associate Director of Investments | 40 | $272,505 |
| Michael Grzesiak | Vice President, Advancement | 40 | $268,315 |
| David Kamitsuka | Dean of Arts & Sciences | 40 | $262,184 |
| William Quillen | Dean of Conservatory | 40 | $257,742 |
| Karen Goff | Vice President and Dean of Students | 40 | $252,243 |
| Manuel Carballo | Vice President/dean of Admissions & Financial Aid | 40 | $235,942 |
| David Hertz | Chief of Staff & Strategy Officer | 40 | $228,480 |
| John Duca | Professor | 40 | $226,902 |
| Kevin Brown | Chief Facilities Officer | 40 | $209,560 |
| Marcel Mutsindashyaka | Chief Information Officer | 40 | $205,040 |
| Joshua Jensen | Vice President, Communications | 40 | $202,880 |
| Natalie Winkelfoos | Director Athletics & Physical Ed; Assoc Vp Ath | 40 | $202,849 |
| Peter Slowik | Professor | 40 | $198,264 |
| Laura Baudot | Professor | 40 | $195,673 |
| Joseph Vitale Jr | Chief Human Resources Officer | 40 | $194,766 |
| Maria Miller | James Monroe Professor | 40 | $187,913 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| M A Mortenson Company | Construction Services | $43,954,249 |
| Gilbane Building Company | Construction Services | $34,760,638 |
| Avi Foodsystems Inc | Dining Services | $14,008,042 |
| Encore One LLC | Cleaning Services | $4,408,711 |
| Eg Services | Construction | $2,009,057 |
Grants received · $31.5M total
235 grants to Oberlin College totaling $31.5M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Cleveland Foundation | Annual fund | 2024 | $180,117 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Education | 2024 | $115,000 |
| American Online Giving Foundation Inc | General support | 2024 | $47,940 |
| Charities Aid Foundation America | Charitable donation | 2024 | $30,888 |
| American Endowment Foundation | Educational | 2024 | $30,083 |
| Raymond James Charitable Endowment Fund | General support | 2024 | $26,050 |
| American Gift Fund | Operations | 2024 | $25,250 |
| Johnson Charitable Gift Fund | General fund | 2024 | $25,000 |
| T Rowe Price Program For Charitable Giving Inc | Multiple | 2024 | $21,400 |
| Minneapolis Foundation | Donor advised, education | 2024 | $19,563 |
| Bny Mellon Charitable Gift Fund | To further the organization's exempt purpose | 2024 | $17,500 |
| Strada Education Foundation Inc | Operating grant | 2024 | $15,000 |
| Amalgamated Charitable Foundation Inc | Project support | 2024 | $10,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $10,000 |
| Impactassets Inc | General support | 2024 | $9,750 |
Grants made · $256K in FY2024
10 grants totaling $256K in FY2024. All grants made by Oberlin College →
| Recipient | Purpose | Amount |
|---|---|---|
| Oberlin Unitarian Universalist Fell | To fund oberlin's unitarian universalist fellowship's proposal titled "electrifying oberlin one building at a time." the project seeks to replace the church's three gas furnaces with high-efficiency heat pumps, furthering their goal of reducing their carbon footprint. | $63,000 |
| City of Oberlin | To provide funding to the city of oberlin to finance and purchase of fire truck 43 for the oberlin fire department. | $50,708 |
| Oberlin Early Childhood Center | Ensure continued funding for the oecc between august 2024 through september 2025 | $38,000 |
| Western Reserve Land Conservancy | The funds will be used to cover the unexpected costs of redirecting trails around newly discovered wetland areas on the oberlin preserve. | $35,000 |
| Natural Areas Land Conservancy | Grant to fund the huntington woods preserve project, which aims to protect and restore the 34.4-acre huntington woods preserve located in huntington township, lorain county. this area consists of 32 acres of pristine forest and is dominated by native species, but it's currently at risk of being sold for logging | $25,000 |
| Hispanic Ministries of Tuscarawas County Inc | A sustainability grant of $10,600 to fund the community garden project with mayan families, which aims to create greater food sovereignty and connection to land among mayan communities in northeast ohio. the funds will be used for garden fencing and tools. the green edge fund is supporting this project because it creates opportunities for sustainable engagement with the land on a community-wide scale. | $10,600 |
| Village Family Farms Foundation | This project offers oberlin college students an educational internship opportunity, running from fall 2024 through summer 2025, with the potential to establish ongoing programming. this unique, immersive experience allows interns to gain hands-on training and develop skills in key areas such as student engagement within the cmsd school district, farmers market management, hydroponic and traditional farming techniques, and community outreach. the funds will be used to cover the costs associated with installing a reliable water access system to support the urban farm. | $10,500 |
| Providing Oberlin With Efficiency Responsibly | Carbon management grants are utilized for projects that are situated in or around oberlin and provide verifiable carbon sequestration benefits. this aligns with our mission to reduce the community's dependence on fossil fuels and foster sustainable energy technologies. this project will contribute to the reduction of carbon emissions and promote sustainable heating solutions. | $10,000 |
| Our Family Fathers and Mothers Involved In Local Youth | This grant will cover the installation of an open classroom that will be built at legion fields garden. the project also includes a summer internship program for middle or high school students to foster engagement with sustainable gardening practices. | $6,758 |
| City Fresh | The funds will be used for the purchasing of permaculture installation, tools and equipment, compost installation supplies, and hoophouse renovations. the green edge fund is supporting this project because city fresh supports sustainable local agriculture and aligns with our goal of supporting projects that benefit oberlin and northeast ohio. the renovation of a new hoophouse will be beneficial to the farm, the recipients of community supported agriculture, and the students and visitors of the farm. | $6,500 |
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Frequently asked questions
- Is Oberlin College a legitimate nonprofit?
- Yes. Oberlin College is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 34-0714363, based in Oberlin, Ohio. Donations are tax-deductible.
- What is Oberlin College's EIN?
- Oberlin College's Employer Identification Number (EIN) is 34-0714363.
- How much revenue does Oberlin College report?
- Oberlin College reported $362,974,600 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Oberlin College's spending goes to programs?
- Oberlin College spends about 93% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Oberlin College have?
- CharityIndex grades Oberlin College A, based on program efficiency and fundraising cost.
- How much does Oberlin College's highest-paid employee make?
- The highest reported compensation on Oberlin College's latest Form 990 is $755,043, paid to Jun Yang (Chief Investment Officer).
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Data for Oberlin College (EIN 34-0714363) 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.