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EIN 04-2103544

Babson College

IRS 501(c) type
501(c)(3)
Num. employees
2,318
City
Babson Park
State
Massachusetts
Year formed
1919
Most recent tax filings
2024-06-01
NTEE code, primary
B42: Undergraduate College (4-year)
Description
Babson College is a global leader in management education with approximately 2000 undergraduate and 1200 graduate enrollment. We educate men and women to be entrepreneurial leader in rapidly changing world.
Also known as...
R Babson Tuw 25c A and B
Total revenues
$358,779,440
2024
Total expenses
$324,301,654
2024
Total assets
$1,197,853,331
2024
Num. employees
2,318
2024

Program areas at Babson College

Babson College enrolls approximately 2,800 undergraduate and nearly 1,200 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.

Who funds Babson College

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
National Philanthropic TrustEducation$4,242,134
Goldman Sachs FoundationGrant To Manage and Provide Oversight of Program Delivery and the 10,000 Small Businesses National Curriculum Across All Local Partners.$4,033,571
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$3,798,391
...and 107 more grants received totalling $21,330,512

Financials for Babson College

RevenuesFYE 06/2024
Total grants, contributions, etc.$54,837,938
Program services$272,301,619
Investment income and dividends$9,364,322
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$3,299,137
Net gain from sale of non-inventory assets$18,976,424
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$358,779,440

Organizations like Babson College

OrganizationLocationRevenue
Amherst College TrusteesAmherst, MA$379,275,079
The Colorado CollegeColorado Springs, CO$294,145,371
Williams CollegeWilliamstown, MA$447,892,568
Charles R. Drew University of Medicine and Science (CDU)Los Angeles, CA$97,556,957
Loyola University MarylandBaltimore, MD$368,182,859
Roger Williams University (RWU)Bristol, RI$231,963,642
Medical College of Wisconsin (MCW)Milwaukee, WI$1,607,441,142
St. Olaf CollegeNorthfield, MN$299,892,996
Berea CollegeBerea, KY$157,457,303
Macalester CollegeSaint Paul, MN$224,715,359
Data update history
July 15, 2025
Posted financials
Added Form 990 for fiscal year 2024
July 14, 2025
Updated personnel
Identified 5 new personnel
July 3, 2025
Used new vendors
Identified 5 new vendors, including , , , , and
June 29, 2025
Received grants
Identified 12 new grant, including a grant for $125,000 from GHS Charitable Foundation
March 26, 2025
Received grants
Identified 30 new grant, including a grant for $4,033,571 from Goldman Sachs Foundation
Nonprofit Types
SchoolsHigher ed institutionsHeadquarter / parent organizations
Issues
Education
Characteristics
Political advocacyLobbyingOperates internationallyReceives government fundingEndowed supportCommunity engagement / volunteeringTax deductible donationsAccepts online donations
General information
Address
231 Forest St
Babson Park, MA 02457
County
Norfolk County, MA
Website URL
babson.edu/ 
Phone
(781) 235-1200
Facebook page
babsoncollege 
Twitter profile
@babson 
IRS details
EIN
04-2103544
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1919
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B42: Undergraduate College (4-year)
NAICS code, primary
611310: Colleges, Universities, and Professional Schools
Parent/child status
Central organization
California AB-488 details
AB 488 status
Not Operating or In Process of Dissolving
Charity Registration status
Never Registered - Withdrawn
FTB status revoked
Not revoked
AG Registration Number
None yet
FTB Entity ID
3255713
AB 488 data last updated ("as-of") date
2025-08-20
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