Swarthmore College
79% goes to programs $49 to raise $100 Strong reserves
Swarthmore College is a 501(c)(3) organization based in Swarthmore, Pennsylvania, registered in 1950, with $361,641,058 in FY2023 revenue. CharityIndex grades it B+, and it directs about 79% of spending to programs.
500 College Ave, Swarthmore, PA, 19081 EIN 23-1352683 Since 1950
Revenue (FY2023)
$361.6M
▲ 33.6% vs prior year
Education median: $200K
Expenses (FY2023)
$300.8M
Net assets
$3.1B
Employees
2,830
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 rating79% to programs · $49 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 Swarthmore College: 79% to programs · $49 to raise $100 earns a B on this criterion. See the exact thresholds →
B+Financial health25% of the rating122 mo reserves · +17% 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 Swarthmore College: 122 mo reserves · +17% 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 Swarthmore 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 Swarthmore 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
See schedule o
Contact & location
- Address
- 500 College Ave, Swarthmore, PA, 19081
- City
- Swarthmore
- State
- Pennsylvania
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $266.4M (FY2013) to $361.6M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $542.3MNet assets $3.1B
Operating margin
16.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.6B
Total liabilities
$542.3M
Net assets
$3.1B
Salaries & benefits
$139.6M
46% of expenses
Board members
36
36 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $361,641,058▲33.6% | $300,780,205▲11.2% | $3,054,569,000▲1.1% | $3,596,866,000▲3.8% | 990 |
| 2022 | $270,668,198▼35.1% | $270,462,806▲6.3% | $3,022,262,000▲0.2% | $3,463,772,000 | 990 |
| 2021 | $417,219,590▲14.5% | $254,409,720▲13.1% | $3,016,492,000▼5.5% | $3,462,902,000▼3.1% | 990 |
| 2020 | $364,464,007▲10.9% | $224,987,991▼3.6% | $3,191,959,000▲33.9% | $3,573,029,000▲28.7% | 990 |
| 2019 | $328,644,061▼3.9% | $233,312,571▲1.2% | $2,384,655,000 | $2,777,013,000▼0.3% | 990 |
| 2018 | $342,149,238▲1.0% | $230,543,871▲6.3% | $2,384,265,000▲2.8% | $2,785,049,000▲5.4% | 990 |
| 2017 | $338,606,525▲34.8% | $216,890,557▲5.9% | $2,319,895,000▲8.7% | $2,643,223,000▲6.5% | 990 |
| 2016 | $251,274,826▲24.6% | $204,879,131▲9.0% | $2,133,607,000▲10.5% | $2,482,276,000▲8.9% | 990 |
| 2015 | $201,632,016▲3.2% | $188,041,358▲8.7% | $1,931,661,000▼5.0% | $2,278,885,000▼2.1% | 990 |
| 2014 | $195,454,201▼26.6% | $172,942,195▲2.5% | $2,033,128,000▼0.5% | $2,326,885,000▼0.6% | 990 |
| 2013 | $266,399,000 | $168,742,729▲4.9% | $2,044,159,000▲14.2% | $2,340,785,000▲12.8% | 990 |
| 2012 | — | $160,805,372▲3.3% | $1,790,693,000▲10.0% | $2,076,005,000▲8.9% | 990 |
| 2011 | — | $155,710,398▲3.0% | $1,627,255,000▼0.9% | $1,905,688,000▲2.0% | 990 |
| 2010 | — | $151,233,429▲3.2% | $1,642,252,000▲18.9% | $1,868,531,000▲16.1% | 990 |
| 2009 | — | $146,540,650 | $1,381,277,000 | $1,609,116,000 | 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: Valerie Smith — $711,643 (0.24% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Valerie Smith | Pres./ex Officio Board Member | 40 | $711,643 |
| Mark C Amstutz | Chief Invest Off.(until 12/23) | 40 | $522,296 |
| Robert Goldberg | Vp Finance & Admin & Treasurer | 40 | $495,249 |
| Elizabeth Boluch-wood | Vp of College Advancement | 40 | $459,461 |
| Frank C Grunseich | Chief Invest Off.(as of 1/24) | 40 | $412,124 |
| Thomas Stephenson | Professor | 40 | $391,172 |
| Andrew Hirsch | Vp For Communications | 40 | $307,640 |
| Renee Atkinson | Associate Vp Gift Planning | 40 | $298,503 |
| E Carr Everbach | Professor | 40 | $270,654 |
| James L Bock III | Vp and Dean of Admissions | 40 | $269,315 |
| Tomoko Sakomura | Provost & Dean of the Faculty | 40 | $263,111 |
| Beth Glassman | Vp Human Resources | 40 | $259,797 |
| Donna Jo Napoli | Professor | 40 | $246,630 |
| Sharmaine Bradham Lamar Esq | General Counsel | 40 | $244,238 |
| Katherine Renninger | Professor | 40 | $243,931 |
| Andrew Feick | Former Co-interim Vp Fin&admin | 40 | $230,164 |
| Jason Parkhill | Chief Information Officer | 40 | $207,912 |
| Bradley Koch | Director of Athletics | 40 | $189,388 |
| Alice Turbiville | Assistant Treasurer | 40 | $187,811 |
| Erin Brownlee Dell | Chief of Staff & Secretary | 40 | $186,791 |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| P Agnes Inc | Building Services | $18,946,439 |
| Warfel Construction | Building Services | $13,748,589 |
| Whiting-turner Contracting Company | Building Services | $11,044,218 |
| Bond Building Construction Inc | Building Services | $8,079,779 |
| Target Building Construction Inc | Building Services | $5,419,629 |
Grants received · $30.9M total
228 grants to Swarthmore College totaling $30.9M, 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 | $293,500 |
| American Endowment Foundation | Educational | 2024 | $136,190 |
| Ayco Charitable Foundation | Education | 2024 | $133,000 |
| American Online Giving Foundation Inc | General support | 2024 | $88,580 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Education | 2024 | $70,000 |
| Greater Horizons | Education | 2024 | $63,364 |
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2024 | $51,996 |
| Impactassets Inc | General support | 2024 | $47,500 |
| Charities Aid Foundation America | Charitable donation | 2024 | $24,967 |
| Raymond James Charitable Endowment Fund | General support | 2024 | $22,200 |
| American Gift Fund | Operations | 2024 | $20,000 |
| Hispanic Scholarship Fund | To provide scholarships for students | 2024 | $14,546 |
| Greater Cincinnati Foundation | Programatic support | 2024 | $14,500 |
| Greater Cincinnati Foundation | Programatic support | 2024 | $14,500 |
| The New York Community Trust | For a scholarship award. | 2024 | $13,500 |
Similar organizations in Education
Education
Bucknell University
Lewisburg, PA
$423.6M
Aannual revenue
Education
University of Scranton
Scranton, PA
$294.1M
Aannual revenue
Education
Saint Josephs University
Philadelphia, PA
$430.4M
Aannual revenue
Education
Temple University Health System Inc
Philadelphia, PA
$283.2M
Cannual revenue
Education
Bryn Mawr College
Bryn Mawr, PA
$273.7M
Aannual revenue
Education
Widener University
Chester, PA
$267.4M
Aannual revenue
Education
Lafayette College
Easton, PA
$262.5M
Aannual revenue
Education
Community Services For Children Inc
Allentown, PA
$255.5M
B+annual revenue
Education
Duquesne University of the Holy Spirit
Pittsburgh, PA
$472.6M
Aannual revenue
Education
Dickinson College
Carlisle, PA
$244.5M
Aannual revenue
Compare Swarthmore College
Frequently asked questions
- Is Swarthmore College a legitimate nonprofit?
- Yes. Swarthmore College is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 23-1352683, based in Swarthmore, Pennsylvania. Donations are tax-deductible.
- What is Swarthmore College's EIN?
- Swarthmore College's Employer Identification Number (EIN) is 23-1352683.
- How much revenue does Swarthmore College report?
- Swarthmore College reported $361,641,058 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Swarthmore College's spending goes to programs?
- Swarthmore College spends about 79% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Swarthmore College have?
- CharityIndex grades Swarthmore College B+, based on program efficiency and fundraising cost.
- How much does Swarthmore College's highest-paid employee make?
- The highest reported compensation on Swarthmore College's latest Form 990 is $711,643, paid to Valerie Smith (Pres./ex Officio Board Member).
More nonprofits in Swarthmore
Explore more
Data for Swarthmore College (EIN 23-1352683) 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.