Education (B42Z) IRS Verified DX Registered 990 on File

COLGATE UNIVERSITY TREASURERS OFFICE

EIN: 15-0532078 · HAMILTON, NY 13346-1338 · United States · FY 2023 Data

3 out of 5 59 / 100 Based on 2+ years of filings

Financial strength (30%) 78/100

Reliability (20%) 70/100

Effectiveness (25%) 88/100

Impact (25%) No data yet

Financial data: FY 2023 · Scored 9/13/2026

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Mission Statement

Colgate's mission is to provide a demanding, expansive, educational experience to a select group of diverse, talented, intellectually sophisticated students who are capable of challenging themselves, their peers, and their teachers in a setting that brings together living and learning. The purpose of the university is to develop wise, thoughtful, critical thinkers and perceptive leaders by challenging young men and women to fulfill their potential through residence in a community that values intellectual rigor and respects the complexity of human understanding.

Financial Overview — FY 2023

$350.0M

Total Revenue

$322.5M

Total Expenses

$1564.6M

Net Assets

3129

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 88.0%

Fundraising Efficiency N/A

Operating Reserve 58.21x

Liability-to-Asset 23.9%

Revenue Diversification 72.0%

Executive Compensation $5.4M

Compared with Peers

FY 2023

Compared with 607 similar organizations (United States, Education, $100M and over in expenses), FY 2023.

This organization Middle half of peers (P25–P75) Peer median

Ratio	This org	Peer median	Position (P10 → P90)
Program expense ratio Program expenses / total expenses · higher is better	88.0%	87.4%	P10P90	Above median
Admin expense ratio Management and general / total expenses · lower is better	8.5%	10.5%	P10P90	Above median
Fundraising expense ratio Fundraising expenses / total expenses · lower is better	3.5%	1.3%	P10P90	Bottom quarter
Operating reserve Months of expenses covered by net assets · higher is better	58.2 mo	20.3 mo	P10P90	Top quarter
Liabilities to assets Total liabilities / total assets · lower is better	23.9%	27.0%	P10P90	Above median
Revenue concentration Share of revenue from the largest source · lower is better	72.0%	84.6%	P10P90	Top quarter
Revenue growth Year over year revenue growth	-15.0%	-2.0%	P10P90
Expense growth Year over year expense growth	5.4%	5.9%	P10P90
Surplus margin Surplus as a share of revenue	7.9%	1.3%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2023	$350.0M	$322.5M	$1564.6M	88.0%	3129
2022	$411.7M	$306.1M	$1554.1M	86.9%	2892
2021	$378.1M	$273.6M	N/A	—	2676

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Organization Details

EIN: 15-0532078
State: NY
City: HAMILTON
ZIP: 13346-1338
Classification: B42Z
Category: Education
Rating: 3★
Coverage: A
Last Updated: Aug 2026
IRS Ruling Year: 1819
Foundation Code: 11
Form 990: On File

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

★★★★★ 80–100 ★★★★☆ 60–79 ★★★☆☆ 40–59 ★★☆☆☆ 20–39 ★☆☆☆☆ 1–19

A pillar with no data counts as zero. Without impact metrics the score is capped at 59 (three stars): only the charity can supply that data.
The coverage grade (A to D) says how much filing data the score rests on; NONE means there is not enough to rate.
An organization that is not in good standing with its registry (for example a revoked tax exemption) is shown as Not rated.
"Compared with peers" places the charity's key ratios against organizations of the same country, sector and size.

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