Williams College
89% goes to programs $12 to raise $100 Strong reserves
Williams College is a 501(c)(3) organization based in Williamstown, Massachusetts, registered in 1934, with $447,892,568 in FY2023 revenue. CharityIndex grades it A, and it directs about 89% of spending to programs.
880 Main St, Williamstown, MA, 01267 EIN 04-2104847 Since 1934
Revenue (FY2023)
$447.9M
▲ 5.6% vs prior year
Education median: $200K
Expenses (FY2023)
$366.1M
Net assets
$4.1B
Employees
3,544
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 rating89% to programs · $12 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 Williams College: 89% to programs · $12 to raise $100 earns a A on this criterion. See the exact thresholds →
B+Financial health25% of the rating135 mo reserves · +18% 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 Williams College: 135 mo reserves · +18% 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 Williams 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 Williams College: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Williams college strives to achieve educational excellence by fostering a community of learning in collaboration with students, faculty, staff, devoted alumni and parents.
Contact & location
- Address
- 880 Main St, Williamstown, MA, 01267
- City
- Williamstown
- State
- Massachusetts
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $340.8M (FY2013) to $447.9M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $967.0MNet assets $4.1B
Operating margin
18.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$5.1B
Total liabilities
$967.0M
Net assets
$4.1B
Salaries & benefits
$171.7M
47% of expenses
Board members
24
23 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $447,892,568▲5.6% | $366,089,597▲2.5% | $4,108,800,653▲6.1% | $5,075,834,072▲5.3% | 990 |
| 2022 | $424,095,865▼23.9% | $357,041,990▲6.4% | $3,873,320,538▲0.2% | $4,819,845,872▼0.9% | 990 |
| 2021 | $557,181,278▲40.2% | $335,644,814▲8.1% | $3,866,221,346▼13.0% | $4,861,650,167▼13.0% | 990 |
| 2020 | $397,351,793▲13.6% | $310,371,787▼4.1% | $4,444,643,326▲39.5% | $5,589,417,372▲36.1% | 990 |
| 2019 | $349,880,547▼25.4% | $323,526,222▼0.4% | $3,186,268,520▼1.3% | $4,107,584,297▼0.4% | 990 |
| 2018 | $469,065,898▲20.6% | $324,968,743▲6.9% | $3,228,827,636▲4.5% | $4,124,342,736▲6.5% | 990 |
| 2017 | $389,029,242▲37.6% | $303,989,041▲5.5% | $3,089,864,263▲8.9% | $3,870,877,825▲9.9% | 990 |
| 2016 | $282,822,448▼17.1% | $288,012,698▲0.9% | $2,836,232,348▲12.0% | $3,522,014,597▲17.6% | 990 |
| 2015 | $341,354,597▼31.2% | $285,409,082▲8.1% | $2,532,544,168▼4.6% | $2,996,002,215▼3.8% | 990 |
| 2014 | $496,503,251▲45.7% | $263,922,724▲7.7% | $2,654,965,409▲8.9% | $3,113,969,064▲7.0% | 990 |
| 2013 | $340,765,658 | $245,079,133▲6.1% | $2,437,738,247▲13.1% | $2,911,046,966▲11.0% | 990 |
| 2012 | — | $230,970,193▲2.0% | $2,156,132,003▲10.1% | $2,623,660,870▲11.1% | 990 |
| 2011 | — | $226,413,491▲7.1% | $1,958,850,398▼0.8% | $2,361,903,398▼0.5% | 990 |
| 2010 | — | $211,400,204▲1.6% | $1,975,058,845▲14.2% | $2,374,027,960▲14.0% | 990 |
| 2009 | — | $207,991,643 | $1,729,780,583 | $2,082,417,011 | 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: Collette Chilton — $916,166 (0.25% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Collette Chilton | Chief Investment Officer (through June 30, 2023) | 40 | $916,166 |
| Maud Mandel | President | 40 | $674,852 |
| Abigail Wattley | Chief Investment Officer (effective July 1, 2023) | 40 | $565,011 |
| Michael Wagner | Vp For Finance & Operations, Treasurer | 40 | $557,196 |
| Bradford Wakeman | Managing Dir / Coo, Inv Office | 40 | $474,042 |
| Megan Morey | Vp of College Relations | 40 | $407,297 |
| Eiko Siniawer | Provost | 40 | $292,367 |
| Margaret Long | Dean of the College | 40 | $290,857 |
| John Kleiner | Professor of English | 40 | $280,648 |
| James Art | General Counsel | 40 | $270,339 |
| Pamela Franks | Director of the Williams College Museum of Art | 40 | $269,371 |
| Kenneth Kuttner | Professor of Economics | 40 | $265,649 |
| Keli Gail | Secretary of the College | 40 | $264,280 |
| James Reische | Vp of Communications | 40 | $255,635 |
| Leticia Smith-evans Haynes | Vp For Institutional Diversity, Equity, and Inclusion | 40 | $255,361 |
| Lara Shore-sheppard | Dean of the Faculty (effective July 1, 2023) | 40 | $236,508 |
| David Love | Former Provost, Prof of Economics | 40 | $231,872 |
| Marlene Sandstrom | Former Dean of College, Prof of Psych | 40 | $224,335 |
| Lee Park | Former Dean of the Faculty, Prof of Chemistry | 40 | $185,399 |
| Protik M Majumder | Former President, Prof of Physics | 40 | $180,217 |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Perry Dean Rogers & Partners Architects | Architect | $3,584,049 |
| Huron Consulting Services LLC | Consulting | $2,033,103 |
| Consigli Construction Co Inc | Construction | $596,380 |
| Leers Weinzapfel Assoc Architects Inc | Architect | $558,604 |
| Otis Elevator Company | Maintenance | $540,077 |
Grants received · $117.8M total
438 grants to Williams College totaling $117.8M, reported by foundations on their Schedule I filings — showing the 15 most recent.
Grants made · $372K in FY2023
17 grants totaling $372K in FY2023 — showing the 15 largest. All grants made by Williams College →
| Recipient | Purpose | Amount |
|---|---|---|
| Boston Foundation Inc | Program support | $143,969 |
| Massachusetts Museum of Contemporary Art Foundation Inc | Program support | $55,000 |
| Community Images Inc | Program support | $31,002 |
| Williamstown Community Chest | Program support | $27,044 |
| New Canaan Community Foundation Inc | Program support | $16,185 |
| Williamstown Youth Center Inc | Program support | $15,000 |
| Willinet Inc | Program support | $10,625 |
| Trustees of Tufts College | Program support | $10,000 |
| Northern Berkshire United Way Inc | Program support | $7,444 |
| Rites of Passage & Empowerment Inc | Program support | $7,000 |
| Soul Fire Farm Institute Inc | Program support | $7,000 |
| Stockbridge-munsee Community | Program support | $7,000 |
| Berkshire Black Economic Council | Program support | $7,000 |
| NAACP Berkshire County Branch | Program support | $7,000 |
| Berkshire Resources For Integration of Diverse Groups & Education Inc | Program support | $7,000 |
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Compare Williams College
Frequently asked questions
- Is Williams College a legitimate nonprofit?
- Yes. Williams College is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 04-2104847, based in Williamstown, Massachusetts. Donations are tax-deductible.
- What is Williams College's EIN?
- Williams College's Employer Identification Number (EIN) is 04-2104847.
- How much revenue does Williams College report?
- Williams College reported $447,892,568 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Williams College's spending goes to programs?
- Williams College spends about 89% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Williams College have?
- CharityIndex grades Williams College A, based on program efficiency and fundraising cost.
- How much does Williams College's highest-paid employee make?
- The highest reported compensation on Williams College's latest Form 990 is $916,166, paid to Collette Chilton (Chief Investment Officer (through June 30, 2023)).
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Data for Williams College (EIN 04-2104847) 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.