PRESIDENT AND TRUSTEES OF BATES COLLEGE
2 ANDREWS ROAD 216 LANE HALL, LEWISTON, ME · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $242,157,257 | $197,827,483 | $722,830,173 |
| FY2024 | $192,807,514 | $189,468,466 | $684,085,570 |
| FY2023 | $192,073,209 | $179,471,899 | $671,678,817 |
| FY2022 | $197,954,547 | $172,460,011 | $653,853,607 |
| FY2021 | $193,955,130 | $162,267,792 | $683,386,710 |
| FY2020 | $168,150,974 | $156,245,987 | $558,536,554 |
| FY2019 | $184,516,788 | $158,699,761 | $539,673,752 |
| FY2018 | $163,103,162 | $152,208,703 | $518,873,863 |
| FY2017 | $221,756,320 | $146,545,324 | $498,348,634 |
| FY2016 | $164,367,898 | $137,102,222 | $393,688,654 |
| FY2015 | $164,875,622 | $136,110,840 | $390,859,663 |
| FY2014 | $167,625,468 | $133,044,679 | $388,566,452 |
| FY2013 | $128,955,984 | $127,834,369 | $349,703,803 |
| FY2012 | $127,723,581 | $125,616,292 | $330,289,145 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $20,251,628 | 12% |
| Program service revenue | $154,132,972 | 88% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $171,808,088 | 87% |
| Management & general | $20,156,257 | 10% |
| Fundraising | $5,863,138 | 3% |
What the numbers show
- Program service revenue made up 88% of total revenue in FY2025.
- Program services accounted for 87% of functional expenses, management & general 10%, and fundraising 3%.
- 87% of functional expenses went to program services in FY2025. That is higher than 65.5% of 29 Education organizations in ME.
- Net assets covered about 43.8 months of expenses at the end of the reporting year. That puts it in the 58th percentile among 348 Education organizations in ME.
- Total revenue was higher than 99.4% of 350 Education organizations in ME.
- Total revenue rose from $127,723,581 in FY2012 to $242,157,257 in FY2025, Revenue increased in 8 and decreased in 5 of 13 year-over-year comparisons.
- Revenue covered expenses in each of the 14 reported years, FY2012 to FY2025.
- Net assets grew from $330,289,145 to $722,830,173 between FY2012 and FY2025.
- Donations are generally tax-deductible (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
Bates College is a private, highly selective, residential college devoted to undergraduate study in the traditional disciplines of the liberal arts and sciences as well as in emerging interdisciplinary programs.
IRS status
| Ruling year | 1993 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | B420 — Education |
| Donations | Donations are generally tax-deductible (public charity). |
Similar organizations
- UNIVERSITY OF NEW ENGLAND — BIDDEFORD, ME · $322,835,606
- PRESIDENT & TRUSTEES OF COLBY COLLEGE — WATERVILLE, ME · $354,489,000
- BOWDOIN COLLEGE — BRUNSWICK, ME · $449,569,000
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded September 20, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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