Charity Search / FISHER COLLEGE
Education (B420) IRS Verified DX Registered 990 on File

FISHER COLLEGE

EIN: 04-2005934 · BOSTON, MA 02116-1501 · United States · FY 2023 Data
3 out of 5 59 / 100 Based on 2+ years of filings
Financial strength (30%) 87/100
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

At Fisher College, our compassionate community empowers students of all backgrounds to grow, gain confidence, and reimagine their future. We open doors of opportunity, and we understand the power of creating an inclusive environment in which every student can thrive. By providing opportunities to collaborate, serve, and make connections in their communities, we enable them to realize their vast potential while fostering a deep sense of social responsibility. Together, we inspire our students to create positive change in the world. Since 1903, our educational institution has continued to evolve, offering flexible online and on-campus undergraduate and graduate programs of long-lasting value. Our steadfast commitment to student success remains constant. Throughout every change, we stand by our commitment to our students so they can build a sense of pride in their work. Our mission is to help open doors to the vast possibilities within their future career goals and the satisfaction of giving back to others. For our students, the revolutionary history and pulsing energy of Boston invite them into a future of endless possibility. They learn to chart their path to success, daring to lead change in their lives and careers. As they strengthen their leadership skills and convictions, they have a profound impact on the world around them. Here, they discover the courage to challenge expectations, fearlessly pursue their dreams, and build a future that is truly their own. Fisher College improves lives by providing students with the knowledge and skills necessary for a lifetime of intellectual and professional pursuits.

Financial Overview — FY 2023
$23.4M
Total Revenue
$25.2M
Total Expenses
$56.5M
Net Assets
453
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 86.0%
Fundraising Efficiency N/A
Operating Reserve 26.95x
Liability-to-Asset 14.4%
Revenue Diversification 84.2%
Executive Compensation $1.1M
Compared with Peers
FY 2023
Compared with 3,578 similar organizations (United States, Education, $10M–$100M 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
86.0% 84.4%
P10P90
Above median
Admin expense ratio
Management and general / total expenses · lower is better
12.7% 13.5%
P10P90
Above median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
1.3% 0.7%
P10P90
Below median
Operating reserve
Months of expenses covered by net assets · higher is better
27.0 mo 10.9 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
14.4% 34.2%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
84.2% 87.3%
P10P90
Above median
Revenue growth
Year over year revenue growth
4.2% 4.8%
P10P90
Expense growth
Year over year expense growth
12.7% 8.5%
P10P90
Surplus margin
Surplus as a share of revenue
-7.3% 2.7%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $23.4M $25.2M $56.5M 86.0% 453
2022 $22.5M $22.3M $52.2M 85.2% 416
2021 $25.0M $21.4M N/A 426
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Organization Details
EIN
04-2005934
State
MA
City
BOSTON
ZIP
02116-1501
Classification
B420
Category
Education
Rating
3★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
1903
Foundation Code
11
Form 990
On File
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