Charity Search / BELOIT COLLEGE
Education (B420) IRS Verified DX Registered 990 on File

BELOIT COLLEGE

EIN: 39-0808497 · BELOIT, WI 53511-5509 · United States · FY 2023 Data
3 out of 5 59 / 100 Based on 2+ years of filings
Financial strength (30%) 84/100
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

Beloit College engages the intelligence, imagination, and curiosity of its students, empowering them to lead fulfilling lives marked by high achievement, personal responsibility, and public contribution in a diverse society. Our emphasis on international and interdisciplinary perspectives, the integration of knowledge with experience, and close collaboration among peers, professor, and staff equips our students to approach the complex problems of the world ethically and thoughtfully.

Financial Overview — FY 2023
$79.2M
Total Revenue
$84.8M
Total Expenses
$176.6M
Net Assets
1109
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 78.4%
Fundraising Efficiency N/A
Operating Reserve 24.99x
Liability-to-Asset 15.3%
Revenue Diversification 71.6%
Executive Compensation $2.4M
Compared with Peers
FY 2023
Compared with 3,578 similar organizations (United States, Education, $10M–$100M 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
78.4% 84.4%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
19.3% 13.5%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
2.3% 0.7%
P10P90
Below median
Operating reserve
Months of expenses covered by net assets · higher is better
25.0 mo 10.9 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
15.3% 34.2%
P10P90
Above median
Revenue concentration
Share of revenue from the largest source · lower is better
71.6% 87.3%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
-8.1% 4.8%
P10P90
Expense growth
Year over year expense growth
1.0% 8.5%
P10P90
Surplus margin
Surplus as a share of revenue
-7.1% 2.7%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $79.2M $84.8M $176.6M 78.4% 1109
2022 $86.2M $84.0M $177.5M 82.1% 1057
2021 $75.2M $77.7M N/A 1096
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Organization Details
EIN
39-0808497
State
WI
City
BELOIT
ZIP
53511-5509
Classification
B420
Category
Education
Rating
3★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
1846
Foundation Code
11
Form 990
On File
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