CLAREMONT MCKENNA COLLEGE
888 COLUMBIA AVE, CLAREMONT, CA · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $275,743,084 | $222,099,203 | $2,064,356,479 |
| FY2024 | $233,775,667 | $219,081,480 | $1,911,894,994 |
| FY2023 | $222,715,378 | $209,774,969 | $1,778,186,143 |
| FY2022 | $465,299,409 | $197,485,637 | $1,752,567,884 |
| FY2021 | $164,116,931 | $151,529,141 | $1,736,436,351 |
| FY2020 | $321,560,955 | $162,961,294 | $1,332,959,384 |
| FY2019 | $191,632,076 | $159,565,470 | $1,191,077,845 |
| FY2018 | $148,659,295 | $149,305,663 | $1,131,868,253 |
| FY2017 | $145,584,464 | $140,027,804 | $1,060,774,905 |
| FY2016 | $135,605,587 | $146,725,728 | $972,593,929 |
| FY2015 | $155,130,937 | $128,133,153 | $1,022,311,825 |
| FY2013 | $148,884,471 | $121,506,118 | $918,443,155 |
| FY2012 | $167,072,404 | $117,186,707 | $834,698,016 |
| FY2011 | $159,061,596 | $105,473,941 | $811,833,957 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $43,105,672 | 25% |
| Program service revenue | $131,026,746 | 75% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $176,448,646 | 79% |
| Management & general | $40,215,953 | 18% |
| Fundraising | $5,434,604 | 2% |
What the numbers show
- Program service revenue made up 75% of total revenue in FY2025.
- Program services accounted for 79% of functional expenses, management & general 18%, and fundraising 2%.
- 79% of functional expenses went to program services in FY2025.
- Net assets covered about 111.5 months of expenses at the end of the reporting year.
- Total revenue rose from $159,061,596 in FY2011 to $275,743,084 in FY2025, Revenue increased in 9 and decreased in 4 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 2 of 14 reported years (FY2016, FY2018).
- The highest revenue on record here is $465,299,409 in FY2022.
- Net assets grew from $811,833,957 to $2,064,356,479 between FY2011 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
Claremont McKenna College's mission is to prepare students for thoughtful and productive lives and responsible leadership in business, government, and the professions.
IRS status
| Ruling year | 1948 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Donations | Donations are generally tax-deductible (public charity). |
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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