Vassar College
501(c)(3) Donations tax-deductible
80% goes to programs $19 to raise $100 Strong reserves
Vassar College is a 501(c)(3) organization based in Poughkeepsie, New York, registered in 1938, with $327,504,520 in FY2023 revenue. CharityIndex grades it A, and it directs about 80% of spending to programs.
124 Raymond Ave, Poughkeepsie, NY, 12604 EIN 14-1338587 Since 1938
Revenue (FY2023)
$327.5M
▲ 15.1% vs prior year
Expenses (FY2023)
$321.6M
Net assets
$1.6B
Employees
3,631
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
B+Program efficiency40% of the rating80% to programs · $19 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 Vassar College: 80% to programs · $19 to raise $100 earns a B+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating59 mo reserves · +2% 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 Vassar College: 59 mo reserves · +2% 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 Vassar 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 Vassar College: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
The mission of vassar college is to make accessible "the means of a thorough, well-proportioned and liberal education" that inspires each individual to lead a purposeful life. the college makes possible an education that promotes analytical, informed, and independent thinking and sound judgment; encourages articulate expression; and nurtures intellectual curiosity, creativity, respectful debate and engaged citizenship. vassar supports a high standard of engagement in teaching and learning, scholarship and artistic endeavor; a broad and deep curriculum; and a residential campus that fosters a learning community. founded in 1861 to provide women an education equal to that once available only to men, vassar is now open to all and strives to pursue diversity, inclusion, and equity as essential components of a rich intellectual and cultural environment in which all members, including those from underrepresented and marginalized groups, are valued and empowered to thrive.
What they do
Academic services - the college provides significant academic support services to enhance and strengthen students' educational experiences and outcomes. this includes faculty advising from new student orientation through graduation, a library with more than a million books and access to thousands of online journals, an art museum that supports education through the preservation, documentation, interpretation, presentation, and development of its collections; a robust international programs office that supports students' global education, as well as many other support resources that improve student outcomes. these robust academic support services contribute to vassar's overall four-year graduation rate of almost 90% and 6-year graduation rate that often exceeds 90%. approximately 20% of vassar's students are pell recipients with similar graduation rates.
Student services - as a residential college, vassar is committed to providing support services to help students make the most of their time at vassar. the division of the dean of the college provides and coordinates services that improve the quality of academic and co-curricular student life. these services include a robust residential life program, which includes faculty and staff delivering programming to enhance the on-campus student experience. this also includes medical and mental health services to help students maintain their holistic well-being through graduation as well as career education services, which help students plan for their post-graduation career. these services contribute to the high graduation and retention rates and also contribute to high job and graduate school placement rates. over 90% of students are employed, enrolled in graduate school, or receive a competitive fellowship within 6-months of graduation.
Other program services include research expenditures, general program overhead costs, and auxiliary enterprise revenue and expenditures.
Contact & location
- Address
- 124 Raymond Ave, Poughkeepsie, NY, 12604
- City
- Poughkeepsie
- State
- New York
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $247.7M (FY2013) to $327.5M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $352.8MNet assets $1.6B
Operating margin
1.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.9B
Total liabilities
$352.8M
Net assets
$1.6B
Salaries & benefits
$147.8M
46% of expenses
Board members
27
26 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $327,504,520▲15.1% | $321,644,155▲5.3% | $1,573,307,833▲7.1% | $1,926,108,246▲4.8% | 990 |
| 2022 | $284,446,069▼7.4% | $305,388,420▲3.6% | $1,468,923,939▲3.0% | $1,837,463,297▲2.8% | 990 |
| 2021 | $307,212,205▼2.5% | $294,849,344▲3.8% | $1,425,677,712▼10.2% | $1,787,979,827▼9.0% | 990 |
| 2020 | $315,019,195▲21.2% | $284,023,820▲2.4% | $1,586,934,732▲24.1% | $1,964,941,927▲18.2% | 990 |
| 2019 | $259,994,278▼13.8% | $277,245,588▼0.2% | $1,278,745,381▼2.8% | $1,663,039,023▼0.1% | 990 |
| 2018 | $301,504,172▲7.7% | $277,734,522▲1.5% | $1,315,579,619▲2.7% | $1,664,684,555▲3.0% | 990 |
| 2017 | $279,850,462▼10.1% | $273,731,996▲5.9% | $1,280,816,783▲5.3% | $1,615,709,260▲3.4% | 990 |
| 2016 | $311,428,387▲39.6% | $258,433,907▲3.3% | $1,216,695,996▲6.5% | $1,563,329,555▲5.0% | 990 |
| 2015 | $223,044,874▼6.6% | $250,258,972▲3.3% | $1,142,437,200▼6.7% | $1,488,906,379▼5.3% | 990 |
| 2014 | $238,861,288▼3.6% | $242,231,262▲2.3% | $1,224,381,373▼1.4% | $1,572,378,943▼1.2% | 990 |
| 2013 | $247,684,504 | $236,871,183▲4.4% | $1,241,313,370▲8.5% | $1,592,140,484▲7.3% | 990 |
| 2012 | — | $226,932,518▼1.5% | $1,143,993,908▲9.9% | $1,484,373,616▲13.5% | 990 |
| 2011 | — | $230,272,773▲6.1% | $1,040,928,766▼3.1% | $1,308,325,531▼1.6% | 990 |
| 2010 | — | $217,022,634▲1.8% | $1,074,000,290▲16.4% | $1,328,944,763▲11.5% | 990 |
| 2009 | — | $213,263,089 | $922,493,542 | $1,191,958,284 | 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: Elizabeth Howe Bradley — $673,418 (0.21% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Elizabeth Howe Bradley | President and Trustee | 40 | $673,418 |
| Timothy Kane | Vp For Alumnae Affairs and Dev | 40 | $364,752 |
| Bryan A Swarthout | Vp For Fin and Admin | 40 | $337,048 |
| William Hoynes | Dean of Faculty | 40 | $289,593 |
| Carlos Alamo | Dean of College | 40 | $279,348 |
| Carlos Leoncio Garcia | Vp For Tech and Hr; Chief Information Officer | 40 | $277,747 |
| Robert K Brigham | Professor of History | 40 | $247,113 |
| Marianne Begemann | Dean of Str Plan and Acad Res | 40 | $240,279 |
| Sonya Smith | Dean of Admissions and Student Fin Services | 40 | $236,730 |
| Lizabeth Paravisini-gebert | Professor of Hispanic Studies | 40 | $236,610 |
| Robert Demaria | Professor of English | 40 | $231,188 |
| Shay Humphrey - From 04 2023 | General Counsel | 40 | $212,385 |
| David A Kennett | Professor of Economics | 40 | $211,803 |
| Maxine Coleman | Assistant Vp For Facilities Operations | 40 | $202,154 |
| Wesley Dixon | Secretary of the Board | 40 | $173,607 |
| Angelique Crump | Controller | 40 | $160,274 |
| Gladwyn Lopez - Thru 07 2023 | Interim Vp For Communications | 40 | $153,566 |
| Victoria Grantham - From 07 2023 | Vp For Communications | 40 | $123,613 |
| Alexandra Shiva | Trustee | 2 | — |
| Amy Guerly | Trustee | 2 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Consigli Construction Co Inc | Construction Services | $21,886,908 |
| Rl Baxter Building Corp | Construction Services | $8,694,411 |
| Compass Group USA | Food Service | $6,864,665 |
| Ecosystem Energy Services USA Inc | Construction Services | $3,704,187 |
| Ventures Group LLC | Construction Services | $2,765,213 |
Grants received · $61.7M total
316 grants to Vassar College totaling $61.7M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2024 | $382,500 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Education | 2024 | $302,000 |
| The Community Fdn of Middle Tn Inc | Donation | 2024 | $200,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $200,000 |
| American Online Giving Foundation Inc | General support | 2024 | $157,046 |
| Silicon Valley Community Foundation | Education | 2024 | $130,000 |
| The Us Charitable Gift Trust | For recipient's exempt purpose | 2024 | $125,050 |
| Bny Mellon Charitable Gift Fund | To further the organization's exempt purpose | 2024 | $117,500 |
| American Gift Fund | Operations | 2024 | $55,000 |
| Greater Washington Community Foundation | Scholarship | 2024 | $50,000 |
| The Community Fdn of Middle Tn Inc | For the president's circle donor society | 2024 | $50,000 |
| The New York Community Trust | For program support. | 2024 | $50,000 |
| Greater Washington Community Foundation | General support | 2024 | $41,000 |
| The New York Community Trust | For general support. | 2024 | $40,137 |
| American Endowment Foundation | Educational | 2024 | $39,750 |
Grants made · $129K in FY2023
5 grants totaling $129K in FY2023. All grants made by Vassar College →
| Recipient | Purpose | Amount |
|---|---|---|
| Climate Vault Inc | Grant to support organization's mission. | $98,770 |
| Finish Strong Wellness Center Inc | Grant to support the organization's mission | $9,128 |
| Hudson River Housing | Grant to support the organization's mission | $8,568 |
| Dutchess County Pride Center Inc | Grant to support the organization's mission | $7,128 |
| Community Matters 2 Inc | Grant to support the organization's mission | $5,500 |
Frequently asked questions
- Is Vassar College a legitimate nonprofit?
- Yes. Vassar College is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 14-1338587, based in Poughkeepsie, New York. Donations are tax-deductible.
- What is Vassar College's EIN?
- Vassar College's Employer Identification Number (EIN) is 14-1338587.
- How much revenue does Vassar College report?
- Vassar College reported $327,504,520 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Vassar College's spending goes to programs?
- Vassar College spends about 80% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Vassar College have?
- CharityIndex grades Vassar College A, based on program efficiency and fundraising cost.
- How much does Vassar College's highest-paid employee make?
- The highest reported compensation on Vassar College's latest Form 990 is $673,418, paid to Elizabeth Howe Bradley (President and Trustee).
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Data for Vassar College (EIN 14-1338587) 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.