Babson College

Organization Overview

Babson College is located in Babson Park, MA. The organization was established in 1923. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 06/2021, Babson College employed 1,965 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Babson College is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, Babson College generated $304.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $252.9m during the year ending 06/2021. While expenses have increased by 1.6% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SEE SCHEDULE O

Describe the Organization's Program Activity:

BABSON COLLEGE ENROLLS 2,668 UNDERGRADUATE AND 1,108 GRADUATE STUDENTS FROM THE UNITED STATES AND MORE THAN 80 COUNTRIES WORLDWIDE. THE COLLEGE OFFERS EDUCATION IN BUSINESS AND LIBERAL ARTS, AND IT GRANTS THE BACHELOR OF SCIENCE DEGREE THROUGH ITS UNDERGRADUATE PROGRAM. THE COLLEGE ALSO GRANTS MASTER OF BUSINESS ADMINISTRATION DEGREES AND CUSTOM MASTER OF SCIENCE DEGREES THROUGH THE F.W. OLIN GRADUATE SCHOOL OF BUSINESS AT BABSON COLLEGE. ADDITIONALLY, BABSON OFFERS DISTINCT EXECUTIVE EDUCATION PROGRAMS TO HELP COMPANIES REACH THEIR STRATEGIC GOALS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Wiley Edu Llc
Advertising
$2,734,624
Attain Llc
Consulting
$1,815,135
Pricewaterhousecoopers Llp
Financial Services
$341,343
Aspire Technology Partners Llc
It Consulting
$928,104
Proquest-csa Llc
Database Services
$252,928
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $5,052,641
All other contributions, gifts, grants, and similar amounts not included above$32,927,234
Noncash contributions included in lines 1a–1f $1,001,546
Total Revenue from Contributions, Gifts, Grants & Similar$37,979,875
Total Program Service Revenue$206,250,072
Investment income $2,997,269
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $2,810,677
Net Gain/Loss on Asset Sales $54,064,032
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $304,101,925

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Babson College has recieved totaling $113,750.

Awarding OrganizationAmount
Uw Harold S Geneen Charitable Tr

Dallas, TX

PURPOSE: SUPPORTS MULTIPLE

$105,000
Art Of Youth Foundation

Wilmington, DE

PURPOSE: THE STEPHEN D. CUTLER CENTER FOR INVESTMENTS AND FINANCE

$5,000
$3,750
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$489,737,817
Earnings$222,208,932
Net Contributions$6,421,834
Other Expense$13,172,713
Grants$3,701,040
Ending Balance$701,494,830

Peer Organizations

Organization NameAssets
Berklee College Of Music Inc
Boston, MA
$384,612,408
Ithaca College
Ithaca, NY
$365,679,639
Trustees Of Amherst College
Amherst, MA
$407,702,412
Wellesley College
Wellsley, MA
$515,515,442
Touro University
New York, NY
$321,976,604
Williams College
Williamstown, MA
$397,351,793
Providence College
Providence, RI
$299,300,711
Wesleyan University
Middletown, CT
$326,592,000
Emerson College
Boston, MA
$275,696,398
Colgate University Treasurers Office
Hamilton, NY
$378,114,548
Trustees Of The College Of The Holy Cross
Worcester, MA
$265,241,305
Babson College
Babson Park, MA
$304,101,925

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