Trustees Of Dartmouth College
Dartmouth College maintains strong financial growth with over $11 billion in assets and consistent revenue surpluses.
EIN: 20222111 · Hanover, NH · NTEE: B430 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.2B |
| Total Expenses | $1.4B |
| Program Spending | 85% |
| Net Assets | $10.0B |
| Transparency Score | 88/100 |
Is Trustees Of Dartmouth College Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Trustees Of Dartmouth College directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Trustees Of Dartmouth College
Trustees Of Dartmouth College (EIN: 20222111) is a nonprofit organization based in Hanover, NH, classified under NTEE code B430. The organization reported total revenue of $6.2B and total assets of $12.0B according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Trustees Of Dartmouth College's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Trustees Of Dartmouth College is a major nonprofit that has been operating for 29 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6B |
| Total Expenses | $1.4B |
| Surplus / Deficit | +$191.6M |
| Total Assets | $11.7B |
| Total Liabilities | $1.7B |
| Net Assets | $10.0B |
| Operating Margin | 12.0% |
| Debt-to-Asset Ratio | 14.7% |
| Months of Reserves | 99.2 months |
Financial Health Grade: A
In 2023, Trustees Of Dartmouth College reported a surplus of $191.6M with revenue exceeding expenses, holds 99.2 months of operating reserves (strong position), has a debt-to-asset ratio of 14.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Trustees Of Dartmouth College's revenue has grown at a compound annual growth rate (CAGR) of 4.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -17.9% | +17.6% | +1.9% |
| 2022 | +5.5% | +10.9% | -3.7% |
| 2021 | +17.0% | -0.7% | +30.6% |
| 2020 | +9.5% | -3.3% | +5.5% |
| 2019 | +0.6% | +3.4% | +4.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Trustees Of Dartmouth College with a Mission Score of 88 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Trustees Of Dartmouth College allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $191.6M, with revenue exceeding expenses.
- Debt-to-asset ratio: 14.7%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation, which suggests that either the highest-ranking officers are not compensated directly by the organization in a manner reportable on this section of the 990, or their compensation is reported under different categories, or they serve pro bono. This requires further investigation to fully understand executive remuneration practices.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Trustees Of Dartmouth College's IRS 990 filings:
- Unclear executive compensation reporting (0% officer comp requires further investigation)
Strengths
The following positive indicators were identified for Trustees Of Dartmouth College:
- Strong and consistent revenue generation (e.g., $1.6B in 202306)
- Significant asset growth over time (from $6.95B in 201406 to $11.66B in 202306)
- Consistent revenue surpluses (e.g., $191M surplus in 202306)
- Large and growing endowment supporting long-term mission
- Clear programmatic mission as an educational institution (NTEE B430)
Frequently Asked Questions about Trustees Of Dartmouth College
Is Trustees Of Dartmouth College a legitimate charity?
Based on AI analysis of IRS 990 filings, Trustees Of Dartmouth College (EIN: 20222111) some concerns. Mission Score: 88/100. 1 red flag identified, 5 strengths noted.
How does Trustees Of Dartmouth College spend its money?
Trustees Of Dartmouth College directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Trustees Of Dartmouth College tax-deductible?
Trustees Of Dartmouth College is registered as a tax-exempt nonprofit (EIN: 20222111). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Trustees Of Dartmouth College's spending goes to programs?
Trustees Of Dartmouth College directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Trustees Of Dartmouth College compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Trustees Of Dartmouth College is above average for NTEE category B430 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Trustees Of Dartmouth College located?
Trustees Of Dartmouth College is headquartered in Hanover, New Hampshire and files with the IRS under EIN 20222111. It is classified under NTEE code B430.
How many years of IRS 990 filings does Trustees Of Dartmouth College have?
Trustees Of Dartmouth College has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $6.2B in total revenue.
Is Trustees Of Dartmouth College a good charity?
Based on its financial stability, significant asset growth, and consistent revenue surpluses, Trustees Of Dartmouth College appears to be a well-managed and financially robust institution. Its NTEE code indicates a focus on education, which is a clear programmatic mission. The 0% officer compensation reported is unusual and warrants further inquiry to understand the full picture of executive remuneration.
How has Dartmouth College's financial health changed over the last decade?
Dartmouth College's financial health has significantly strengthened over the last decade. Total assets have grown from $6.95 billion in 201406 to $11.66 billion in 202306. Revenues have also seen substantial increases, from $1.31 billion in 201406 to $1.6 billion in 202306, consistently exceeding expenses and contributing to its robust endowment.
What is the trend in expenses versus revenue?
The organization consistently generates more revenue than expenses. For example, in 202306, revenue was $1.6 billion against expenses of $1.41 billion, resulting in a surplus. This trend is visible across most years, indicating effective financial management and a healthy operating margin.
Why is officer compensation reported as 0%?
The consistent reporting of 0% officer compensation on the IRS 990 suggests that either the individuals holding officer positions are not compensated directly by the organization in a way that triggers reporting in this specific section, or they are uncompensated volunteers, or their compensation is reported under different categories (e.g., as faculty salaries if they also hold academic positions). This is a point that would typically require reviewing the full 990 form for more detailed compensation schedules.
Filing History
IRS 990 filing history for Trustees Of Dartmouth College showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Trustees Of Dartmouth College's revenue has grown by 67.2%, moving from $959.2M to $1.6B. Total assets increased by 100.1% over the same period, from $5.8B to $11.7B. Total functional expenses rose by 57.7%, from $895.0M to $1.4B. In its most recent filing year (2023), Trustees Of Dartmouth College reported a surplus of $191.6M, with revenue exceeding expenses. The organization holds $1.7B in liabilities against $11.7B in assets (debt-to-asset ratio: 14.7%), resulting in net assets of $10.0B.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.6B | $1.4B | $11.7B | $1.7B | — | — |
| 2022 | $2.0B | $1.2B | $11.4B | $1.7B | — | View 990 |
| 2021 | $1.9B | $1.1B | $11.9B | $1.9B | — | View 990 |
| 2020 | $1.6B | $1.1B | $9.1B | $1.9B | — | View 990 |
| 2019 | $1.4B | $1.1B | $8.6B | $1.9B | — | View 990 |
| 2018 | $1.4B | $1.1B | $8.3B | $1.8B | — | View 990 |
| 2017 | $1.3B | $1.1B | $7.9B | $2.2B | — | View 990 |
| 2016 | $1.2B | $1.2B | $7.3B | $2.2B | — | View 990 |
| 2015 | $1.4B | $1.1B | $7.3B | $2.0B | — | View 990 |
| 2014 | $1.3B | $1.0B | $7.0B | $1.9B | — | View 990 |
| 2013 | $1.2B | $1.0B | $6.2B | $1.8B | — | View 990 |
| 2012 | $967.7M | $938.6M | $6.0B | $2.0B | — | View 990 |
| 2011 | $959.2M | $895.0M | $5.8B | $1.8B | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.6B, expenses of $1.4B, and assets of $11.7B (revenue -17.9% year-over-year).
- 2022: Revenue of $2.0B, expenses of $1.2B, and assets of $11.4B (revenue +5.5% year-over-year).
- 2021: Revenue of $1.9B, expenses of $1.1B, and assets of $11.9B (revenue +17.0% year-over-year).
- 2020: Revenue of $1.6B, expenses of $1.1B, and assets of $9.1B (revenue +9.5% year-over-year).
- 2019: Revenue of $1.4B, expenses of $1.1B, and assets of $8.6B (revenue +0.6% year-over-year).
- 2018: Revenue of $1.4B, expenses of $1.1B, and assets of $8.3B (revenue +13.2% year-over-year).
- 2017: Revenue of $1.3B, expenses of $1.1B, and assets of $7.9B (revenue +6.0% year-over-year).
- 2016: Revenue of $1.2B, expenses of $1.2B, and assets of $7.3B (revenue -14.2% year-over-year).
- 2015: Revenue of $1.4B, expenses of $1.1B, and assets of $7.3B (revenue +6.4% year-over-year).
- 2014: Revenue of $1.3B, expenses of $1.0B, and assets of $7.0B (revenue +9.8% year-over-year).
- 2013: Revenue of $1.2B, expenses of $1.0B, and assets of $6.2B (revenue +23.4% year-over-year).
- 2012: Revenue of $967.7M, expenses of $938.6M, and assets of $6.0B (revenue +0.9% year-over-year).
- 2011: Revenue of $959.2M, expenses of $895.0M, and assets of $5.8B.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Trustees Of Dartmouth College:
Data Sources and Methodology
This transparency report for Trustees Of Dartmouth College is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.