WELLESLEY COLLEGE
106 CENTRAL ST, WELLESLEY, MA · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $486,737,193 | $374,318,026 | $3,623,185,938 |
| FY2024 | $379,067,279 | $361,700,590 | $3,297,407,599 |
| FY2023 | $385,569,831 | $340,731,004 | $3,147,698,517 |
| FY2022 | $474,840,630 | $347,192,022 | $3,101,279,359 |
| FY2021 | $515,515,442 | $323,437,362 | $3,467,801,621 |
| FY2020 | $342,459,889 | $312,300,864 | $2,485,948,999 |
| FY2019 | $357,471,542 | $317,734,083 | $2,376,584,998 |
| FY2018 | $269,268,208 | $313,573,138 | $2,332,769,834 |
| FY2017 | $299,607,749 | $290,074,422 | $2,201,705,812 |
| FY2016 | $284,775,381 | $277,417,316 | $2,029,585,899 |
| FY2015 | $404,985,069 | $262,149,691 | $2,122,108,668 |
| FY2014 | $520,864,548 | $262,469,880 | $2,039,784,873 |
| FY2013 | $1,726 | $1,876 | $650 |
| FY2012 | $273,584,723 | $279,306,463 | $1,659,444,515 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $98,926,717 | 32% |
| Program service revenue | $205,917,971 | 68% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $288,788,871 | 77% |
| Management & general | $76,001,961 | 20% |
| Fundraising | $9,527,194 | 3% |
What the numbers show
- Program service revenue made up 68% of total revenue in FY2025.
- Program services accounted for 77% of functional expenses, management & general 20%, and fundraising 3%.
- 77% of functional expenses went to program services in FY2025. That is higher than 24.7% of 182 Education organizations in MA.
- Net assets covered about 116.2 months of expenses at the end of the reporting year. That puts it in the 84th percentile among 2335 Education organizations in MA.
- Total revenue was higher than 99.7% of 2372 Education organizations in MA.
- Total revenue rose from $273,584,723 in FY2012 to $486,737,193 in FY2025, Revenue increased in 5 and decreased in 8 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 3 of 14 reported years (FY2012, FY2013, FY2018).
- The highest revenue on record here is $520,864,548 in FY2014.
- Net assets grew from $1,659,444,515 to $3,623,185,938 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
TO PROVIDE AN EXCELLENT LIBERAL ARTS EDUCATION FOR WOMEN WHO WILL MAKE A DIFFERENCE IN THE WORLD.
IRS status
| Ruling year | 1946 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | B420 — Education (in MA) |
| Donations | Donations are generally tax-deductible (public charity). |
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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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