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Babson College

Wellesley, MA. EIN 04-2103544. Reported $358,779,440 of revenue for 2023 on its Form 990.

American Factbook Research

The IRS record

BABSON COLLEGE
Registered name
As the IRS records it, which is how it appears in their own search.
04-2103544
Employer Identification Number
The identifier the IRS uses for this organization.
501(c)(3) — charitable, religious, educational, scientific
Recognised under
The subsection of the code its exemption was granted under.
1923
Recognised in
The year of the IRS ruling.
Education
Classification
NTEE code B420, assigned at registration.
Contributions are deductible
Gifts to it
Whether the IRS treats a contribution to this organization as deductible.
Corporation
Legal form
How the organization is constituted, as recorded at registration.
Wellesley, MA
Location of record
The address the IRS holds, not necessarily where it operates.
Form 990
Most recent filing
For tax year 2023.

What it reported for 2023

$358,779,440
Total revenue
Contributions, grants, program service revenue and investment income.
$324,301,654
Total expenses
As reported on the return.
$1,197,853,331
Total assets, book value
At the end of the year, at what the organization paid for them.
43
People listed
Officers, directors, trustees, key employees and highest-paid employees.
$991,503
Largest reported compensation
Reported for EDWARD CHIU.

Babson College reported paying EDWARD CHIU, SR. VP OF ADVANCEMENT, $991,503 for 2023, listed as a key employee. That is reportable compensation from the organization, from related organizations, and other compensation, as the organization reported all three. It is not a verified salary and not take-home pay.

Similar organizations

Other organizations in the same state and category as Babson College
OrganizationRevenue
President and Fellows of Harvard College$8,323,235,933
Massachusetts Institute of Technology$6,737,799,000
Northeastern University$2,586,227,003
Harvard Management Private Equity Corporation$1,996,568,563
Boston College Trustees$1,838,532,376
Trustees of Tufts College$1,339,090,449

This organization elsewhere

More in Massachusetts and under Education. All organizations: nonprofits.

What this page cannot show

  • Everything here is what the organization told the IRS about itself. The IRS publishes returns as filed and does not audit them first.
  • The figures describe the most recent year on record, which is usually one to two years behind, and not the organization’s current position.
  • Nothing here says whether the organization does its work well, or how it spends what it raises beyond the totals on the form.

Something wrong? Tell us. Full method at methodology.

Sources

Data retrieved

Babson College: $358.8 million revenue (2023)