Coe College
1220 1st Ave NE, Cedar Rapids, IA · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $87,571,508 | $85,862,997 | $141,960,492 |
| FY2024 | $81,137,344 | $88,843,089 | $137,393,176 |
| FY2023 | $80,028,857 | $87,154,998 | $138,635,131 |
| FY2022 | $91,175,984 | $89,682,818 | $141,285,735 |
| FY2021 | $86,134,862 | $85,285,800 | $154,434,425 |
| FY2020 | $82,885,005 | $83,812,157 | $135,079,925 |
| FY2019 | $83,183,578 | $81,245,512 | $137,226,822 |
| FY2018 | $78,754,662 | $77,240,502 | $139,410,884 |
| FY2017 | $73,857,601 | $74,143,944 | $136,611,727 |
| FY2016 | $70,640,012 | $70,906,790 | $129,475,836 |
| FY2015 | $66,875,563 | $66,737,135 | $134,869,780 |
| FY2014 | $63,222,458 | $65,516,488 | $136,962,401 |
| FY2013 | $66,899,392 | $61,930,749 | $133,497,937 |
| FY2012 | $65,663,565 | $58,687,497 | $125,958,729 |
Form 990 filings
The returns filed by Coe College (EIN 42-0686467), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $9,679,889 | 11% |
| Program service revenue | $72,778,175 | 83% |
| Other revenue | $5,113,444 | 6% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $79,016,293 | 92% |
| Management & general | $6,338,552 | 7% |
| Fundraising | $508,152 | 1% |
What the numbers show
- Program service revenue made up 83% of total revenue in FY2025.
- Program services accounted for 92% of functional expenses, management & general 7%, and fundraising 1%.
- 92% of functional expenses went to program services in FY2025. That is higher than 86.8% of 38 Education organizations in IA.
- Net assets covered about 19.8 months of expenses at the end of the reporting year. That puts it in the 42nd percentile among 635 Education organizations in IA.
- Total revenue was higher than 98.3% of 643 Education organizations in IA.
- Total revenue rose from $65,663,565 in FY2012 to $87,571,508 in FY2025. Revenue increased in 10 and decreased in 3 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 6 of 14 reported years (FY2014, FY2016, FY2017, FY2020, FY2023, FY2024).
- The highest revenue on record here is $91,175,984 in FY2022.
- Net assets grew from $125,958,729 to $141,960,492 between FY2012 and FY2025.
- Contributions and grants made up 19% of revenue in FY2012 and 11% in FY2025.
- Listed in the IRS Publication 78 data as a central organization with a group exemption; its subordinate units may also be eligible.
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
COE COLLEGE IS A PRIVATE, FOUR-YEAR CO-EDUCATIONAL LIBERAL ARTS COLLEGE.
IRS status
| Ruling year | 2013 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | B42 — Education (in IA) |
| Donations | Listed in the IRS Publication 78 data as a central organization with a group exemption; its subordinate units may also be eligible. |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 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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