Wheaton College
91% goes to programs $25 to raise $100 Strong reserves
Wheaton College is a 501(c)(3) organization based in Norton, Massachusetts, registered in 1950, with $150,338,992 in FY2023 revenue. CharityIndex grades it B+, and it directs about 91% of spending to programs.
26 E Main St, Norton, MA, 02766 EIN 04-2103638 Since 1950
Revenue (FY2023)
$150.3M
▼ 2.5% vs prior year
Education median: $200K
Expenses (FY2023)
$167.2M
Net assets
$349.5M
Employees
1,565
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →AProgram efficiency40% of the rating91% to programs · $25 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 Wheaton College: 91% to programs · $25 to raise $100 earns a A on this criterion. See the exact thresholds →
C+Financial health25% of the rating25 mo reserves · -11% 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 Wheaton College: 25 mo reserves · -11% margin earns a C+ 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 Wheaton 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 Wheaton College: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Wheaton college provides a transformative liberal arts education, combining theory and practice, for intellectually curious students within a collaborative and vibrant extended community and network that values and strives to create an equitable and just world.
Contact & location
- Address
- 26 E Main St, Norton, MA, 02766
- City
- Norton
- State
- Massachusetts
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $113.3M (FY2013) to $150.3M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $96.6MNet assets $349.5M
Operating margin
-11.2%
Spent more than it raised in the latest fiscal year.
Total assets
$446.0M
Total liabilities
$96.6M
Net assets
$349.5M
Salaries & benefits
$47.7M
29% of expenses
Board members
34
33 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $150,338,992▼2.5% | $167,216,998▲4.9% | $349,455,600▲2.5% | $446,033,897▲1.7% | 990 |
| 2022 | $154,250,092▼14.4% | $159,378,442▲5.9% | $341,078,169▲1.6% | $438,679,115▲0.3% | 990 |
| 2021 | $180,235,944▲21.1% | $150,515,955▲5.3% | $335,830,664▼3.9% | $437,299,904▼4.7% | 990 |
| 2020 | $148,800,782▲10.5% | $142,995,790▼0.7% | $349,564,713▲21.3% | $459,069,163▲22.7% | 990 |
| 2019 | $134,659,887▼2.2% | $144,042,140▲0.8% | $288,121,192▼1.8% | $374,085,010▼0.4% | 990 |
| 2018 | $137,743,590▲0.5% | $142,862,425▲6.5% | $293,326,922▼1.3% | $375,718,351▼1.4% | 990 |
| 2017 | $137,057,812▲16.6% | $134,157,711▲7.5% | $297,181,051▲0.3% | $380,878,753▲9.7% | 990 |
| 2016 | $117,592,044▼1.9% | $124,761,896▲6.2% | $296,292,368▲5.8% | $347,130,098▲5.2% | 990 |
| 2015 | $119,835,992▲5.2% | $117,469,192▲2.9% | $280,172,179▼5.1% | $329,833,503▼3.6% | 990 |
| 2014 | $113,955,400▲0.6% | $114,154,380▲0.5% | $295,333,086▼0.6% | $342,265,365▼1.0% | 990 |
| 2013 | $113,258,133 | $113,636,274▲3.1% | $296,988,646▲7.4% | $345,894,681▲4.5% | 990 |
| 2012 | — | $110,191,131▲2.9% | $276,507,611▲6.0% | $331,044,935▲3.8% | 990 |
| 2011 | — | $107,070,294▲4.8% | $260,907,781▼3.1% | $318,987,119▼4.3% | 990 |
| 2010 | — | $102,180,517▲4.1% | $269,149,355▲9.2% | $333,491,282▲9.2% | 990 |
| 2009 | — | $98,127,740 | $246,394,127 | $305,442,889 | 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: Michaele Whelan — $501,545 (0.30% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Michaele Whelan | President and Ex Officio Trustee | 40 | $501,545 |
| Roger Stackpoole Vp For Fin | Administration/board Treasurer | 40 | $324,119 |
| Walter Caffey Vp Enrollment | Dean of Admission & Student Aid | 40 | $239,906 |
| Merritt Crowley | Vp For College Advancement | 40 | $232,499 |
| Darnell Parker Vp For | Student Affairs & Dean of Students | 40 | $196,618 |
| Susan Robinson | Vp For Marketing & Communications | 40 | $184,086 |
| Gavin Viano Associate Vp | For Athletics & Recreation | 40 | $176,425 |
| Joseph Lacascio Avp Ciso | Information Technology Services | 40 | $174,070 |
| Omaira Roy | Associate Vp of Human Resources | 40 | $168,203 |
| Jeffrey Cutting | Associate Vp of Enrollment | 40 | $167,936 |
| Karen Mccormack | Interim Provost | 40 | $162,309 |
| Leanna Lawter | Business and Economics Chair | 40 | $160,983 |
| Touba Ghadessi Former Interim | Provost Vp of Academic Affairs | 0 | $144,644 |
| Zachary Irish Assoc Vp For | Stud. Affairs/former Dean of Stud. | 40 | $123,480 |
| Pamela Vaz | Board Secretary | 40 | $71,325 |
| Adrienne B Mars | Trustee | 2 | — |
| Allison Bailey | Trustee | 2 | — |
| Andrew Lounder | Trustee | 2 | — |
| Anson M Beard Jr | Trustee | 2 | — |
| Austin Simko | Trustee | 2 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Aramark | Dining Services | $6,379,960 |
| Cryan Landscaping Contractors Inc | Landscaping Services | $1,228,865 |
| Securitas Security Services USA Inc | Security Contracting | $957,185 |
| Helin Inc | Library Database Services | $741,769 |
| Arch Painting Inc | Painting Services | $517,596 |
Grants received · $16.7M total
134 grants to Wheaton College totaling $16.7M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Arizona Community Foundation | This award is designated support for the life and career design institute. | 2024 | $2,000,000 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Education | 2024 | $195,000 |
| Ayco Charitable Foundation | Education | 2024 | $135,500 |
| American Online Giving Foundation Inc | General support | 2024 | $18,314 |
| Maine Community Foundation Inc | Education | 2024 | $12,000 |
| Community Foundation of New Jersey | Scholarships, financial aid & scholar support services | 2024 | $9,228 |
| Community Foundation For Greater New Haven | Scholarship/violette, jacques | 2024 | $7,000 |
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2024 | $5,500 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $711,300 |
| Donor Advised Charitable Giving | Education | 2023 | $428,138 |
| Ayco Charitable Foundation | Education | 2023 | $77,500 |
| Boston Foundation Inc | Operating support/annual fund | 2023 | $75,000 |
| Johns Hopkins University | Sub-award | 2023 | $37,384 |
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2023 | $33,450 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $30,000 |
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Compare Wheaton College
Frequently asked questions
- Is Wheaton College a legitimate nonprofit?
- Yes. Wheaton College is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 04-2103638, based in Norton, Massachusetts. Donations are tax-deductible.
- What is Wheaton College's EIN?
- Wheaton College's Employer Identification Number (EIN) is 04-2103638.
- How much revenue does Wheaton College report?
- Wheaton College reported $150,338,992 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Wheaton College's spending goes to programs?
- Wheaton College spends about 91% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Wheaton College have?
- CharityIndex grades Wheaton College B+, based on program efficiency and fundraising cost.
- How much does Wheaton College's highest-paid employee make?
- The highest reported compensation on Wheaton College's latest Form 990 is $501,545, paid to Michaele Whelan (President and Ex Officio Trustee).
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Data for Wheaton College (EIN 04-2103638) 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.