Education (B430) IRS Verified DX Registered 990 on File

TRUSTEES OF DARTMOUTH COLLEGE

EIN: 02-0222111 · HANOVER, NH 03755-2112 · United States · FY 2023 Data

3 out of 5 54 / 100 Based on 2+ years of filings

Financial strength (30%) 70/100

Reliability (20%) 55/100

Effectiveness (25%) 88/100

Impact (25%) No data yet

Financial data: FY 2023 · Scored 9/13/2026

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Mission Statement

To teach middle school students in the Upper Valley the importance of recycling, sustainable energy, and mechanical engineering fundamentals.

Financial Overview — FY 2023

$1603.3M

Total Revenue

$1411.7M

Total Expenses

$9956.1M

Net Assets

9965

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 87.0%

Fundraising Efficiency 74228.2%

Operating Reserve 84.63x

Liability-to-Asset 14.7%

Revenue Diversification 39.2%

Executive Compensation $13.7M

Compared with Peers

FY 2023

Compared with 607 similar organizations (United States, Education, $100M and over in expenses), FY 2023.

This organization Middle half of peers (P25–P75) Peer median

Ratio	This org	Peer median	Position (P10 → P90)
Program expense ratio Program expenses / total expenses · higher is better	87.0%	87.4%	P10P90	Below median
Admin expense ratio Management and general / total expenses · lower is better	8.7%	10.5%	P10P90	Above median
Fundraising expense ratio Fundraising expenses / total expenses · lower is better	4.3%	1.3%	P10P90	Bottom quarter
Fundraising efficiency Fundraising expenses / gross fundraising income · lower is better	74228.2%	4415.8%	P10P90	Bottom quarter
Operating reserve Months of expenses covered by net assets · higher is better	84.6 mo	20.3 mo	P10P90	Top quarter
Liabilities to assets Total liabilities / total assets · lower is better	14.7%	27.0%	P10P90	Top quarter
Revenue concentration Share of revenue from the largest source · lower is better	39.2%	84.6%	P10P90	Top quarter
Revenue growth Year over year revenue growth	-17.9%	-2.0%	P10P90
Expense growth Year over year expense growth	17.6%	5.9%	P10P90
Surplus margin Surplus as a share of revenue	12.0%	1.3%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2023	$1603.3M	$1411.7M	$9956.1M	87.0%	9965
2022	$1952.2M	$1200.8M	$9769.1M	87.8%	9263
2021	$1850.6M	$1082.7M	N/A	—	10128
2020	$1581.4M	$1090.8M	N/A	—	10785

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Organization Details

EIN: 02-0222111
State: NH
City: HANOVER
ZIP: 03755-2112
Classification: B430
Category: Education
Rating: 3★
Coverage: A
Last Updated: Aug 2026
Foundation Code: 11
Form 990: On File

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

★★★★★ 80–100 ★★★★☆ 60–79 ★★★☆☆ 40–59 ★★☆☆☆ 20–39 ★☆☆☆☆ 1–19

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