EIN 04-2103637

Wellesley College

IRS 501(c) type
501(c)(3)
Num. employees
2,807
Year formed
1870
Most recent tax filings
2022-06-01
Description
Wellesley College is a highly selective private women's liberal-arts college founded in 1870 in the town of Wellesley, Massachusetts, United States, west of Boston.
Also known as...
New Haren Wellsly Club Well; Columbus Wellesley Club; Buffalo Wellesley Club; Wellesley in Phoenix
Total revenues
$474,840,630
2022
Total expenses
$347,192,022
2022
Total assets
$3,730,562,132
2022
Num. employees
2,807
2022

Program areas at Wellesley College

Outstanding education: Wellesley is committed to ensuring that our excellent liberal arts curriculum is both intellectually and culturally broad to prepare our graduates for their lives after College. Wellesley offers more than 50 departmental and interdepartmental majors to approximately 2,300 students. The average class size is 17 to 20 students with a 7:1 student-faculty ratio.
Sponsored research: Wellesley prides itself on its commitment to supporting the teacher-scholar, enabling our gifted faculty members to integrate their love of teaching and working closely with students with their pursuit of the advancement of knowledge through their world-class research.
Wellesley College has a long tradition of need-blind admission for u.s. citizens and permanent residents, making admission decisions without regard to a family's financial situation. Through its financial aid program, the College meets 100 percent of a student's demonstrated financial need. Resources dedicated to the financial aid program ensure that Wellesley is successful in recruiting and enrolling a strong and diverse student body with continued attention to issues of financing and affordability. Aproximately 60% of the student body receives financial aid and Wellesley is widely recognized as one of the top 10 colleges in the country for students graduating with the least amount of debt.

Who funds Wellesley College

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$4,245,479
Calderwood Charitable FoundationGeneral Support$2,879,442
Ting Tsung and Wei Fong Chao FoundationChair for Inclusive Excellence for Disadvantaged Students$2,600,000
...and 283 more grants received totalling $23,148,689
Federal funding details
Federal agencyProgram nameAmount
Department of EducationFEDERAL DIRECT STUDENT LOANS$4,101,189
Department of EducationFEDERAL PELL GRANT PROGRAM$2,864,076
Department of EducationEDUCATION STABILIZATION FUND$2,538,054
...and 55 more federal grants / contracts

Personnel at Wellesley College

NameTitleCompensation
Ray OquendoChief Operating Officer$813,904
Deborah F KuenstnerChief Investment Officer$990,530
Lia GelinCo - Founder and Managing
Piper OrtonVice President for Finance and Administration and Treasurer$367,064
Mary CaseyVice President for Development and Pub Aff.$352,030
...and 8 more key personnel

Financials for Wellesley College

RevenuesFYE 06/2022
Total grants, contributions, etc.$60,807,794
Program services$184,443,403
Investment income and dividends$11,475,794
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$206,829,067
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$11,284,572
Total revenues$474,840,630

Form 990s for Wellesley College

Fiscal year endingDate received by IRSFormPDF link
2022-062023-05-15990View PDF
2020-062021-05-25990View PDF
2019-062021-02-05990View PDF
2018-062019-07-23990View PDF
2017-062018-11-15990View PDF
...and 20 more Form 990s

Organizations like Wellesley College

OrganizationLocationRevenue
Mount Saint Mary's UniversityLos Angeles, CA$130,067,824
Mount Holyoke CollegeSouth Hadley, MA$215,955,879
Bryn Mawr CollegeBryn Mawr, PA$282,034,081
Spelman CollegeAtlanta, GA$204,393,744
Barnard CollegeNew York, NY$366,338,758
Trustees of the Smith CollegeNorthampton, MA$711,163,748
Saint Mary's CollegeNotre Dame, IN$143,002,673
Vassar CollegePoughkeepsie, NY$307,212,205
Le Moyne CollegeSyracuse, NY$160,365,899
Springfield CollegeSpringfield, MA$164,550,392
Data update history
July 11, 2023
Used new vendors
Identified 12 new vendors, including , , , , , , , , , , , and
July 7, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 30, 2023
Updated personnel
Identified 5 new personnel
June 27, 2023
Used new vendors
Identified 2 new vendors, including , and
May 16, 2023
Updated personnel
Identified 4 new personnel
Nonprofit Types
SchoolsHigher ed institutions
Issues
EducationWomen and girls
Characteristics
Operates internationallyState / local levelReceives government fundingEndowed supportTax deductible donations
General information
Address
106 Central St
Wellsley, MA 02481
Metro area
Boston-Cambridge-Newton, MA-NH
Website URL
wellesley.edu/ 
Phone
(781) 283-1000
Facebook page
WellesleyCollege 
Twitter profile
@wellesley 
IRS details
EIN
04-2103637
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1870
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
Independent
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