Beloit College
Public records show a registered, tax-exempt organization in good standing.
What it says it does
SEE SCHEDULE OBELOIT COLLEGE ENGAGES THE INTELLIGENCE, IMAGINATION, AND CURIOSITY OF ITS STUDENTS, EMPOWERING THEM TO LEAD FULFILLING LIVES MARKED BY HIGH ACHIEVEMENT, PERSONAL RESPONSIBILITY, AND PUBLIC CONTRIBUTION IN A DIVERSE SOCIETY. OUR EMPHASIS ON INTERNATIONAL AND INTERDISCIPLINARY PERSPECTIVES, THE INTEGRATION OF KNOWLEDGE WITH EXPERIENCE, AND CLOSE COLLABORATION AMONG PEERS, PROFESSORS, AND STAFF EQUIPS OUR STUDENTS TO APPROACH THE COMPLEX PROBLEMS OF THE WORLD ETHICALLY AND THOUGHTFULLY.
- Income
- $99.7 million
- Spending
- $90.6 million
- Spent on programs
- 80%
- Reserves
- -6 months of spending
- Largest source of income
- fees for its services, 63%
- Employees
- 1,019
- Volunteers
- 144
- Highest pay
- $398,099, president
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 65 out of 100. Higher than 55% of charities in its peer group (education, $10m to $100m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
20 of 20It owes 8% of what it owns.
Living within its means
15 of 15Income exceeded spending by 9% of income.
Income trend
15 of 15Income rose 21% on the year before.
Spending floor
15 of 1580% of spending went to programs and raising each dollar of donations cost 14 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 90 out of 100. Higher than 25% of charities in its peer group (education, $10m to $100m).
Independent board
25 of 2529 of 29 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $72.5 million spent. ACADEMIC AND STUDENT PROGRAM: BELOIT COLLEGE, A LIBERAL ARTS COLLEGE FOUNDED ON THE WISCONSIN FRONTIER IN 1846, WAS BORN OUT OF A BELIEF THAT A PARTICULAR BRAND OF EDUCATION COULD ENERGIZE AND TRANSFORM LIVES, AND BY EXTENSION, THE WORLD. BELOIT CONTINUES TO BELIEVE THIS AND DELIVERS IT THROUGH A UNIQUE, INTEGRATED CURRICULUM THAT ENGAGES STUDENTS IN AN EXPLORATION OF IDEAS, COMPELS STUDENTS TO DEEPLY KNOW THEIR SUBJECTS, AND REQUIRES THEM TO DEMONSTRATE THAT THEY DO BY DEEPLY CONNECTING EDUCATION AND EXPERIENCE TO STUDENTS' FUTURE CAREERS AND LIVES. THAT FOCUS ON PROVIDING A RIGOROUS AND REWARDING EDUCATION AND PREPARATION HAS LONG SET THE COLLEGE AND ITS GRADUATES APART. HAILED AS ONE OF 40 "COLLEGES THAT CHANGE LIVES" BY FORMER NEW YORK TIMES EDUCATION EDITOR LOREN POPE, BELOIT OFFERS STUDENTS ACCESS TO MORE THAN 45 ACADEMIC PROGRAMS, MORE THAN 60 STUDENT CLUBS, 18 VARSITY SPORTS, AND COUNTLESS OTHER OPPORTUNITIES THAT RANGE FROM HANDS-ON FIELD AND INTERNSHIP EXPERIENCES BOTH LOCALLY AND GLOBALLY, TO COLLEGE-FUNDED STUDENT BUSINESS STARTUPS.DURING THE 2024-25 ACADEMIC YEAR, THE COLLEGE SERVED 1,004 STUDENTS FROM 39 COUNTRIES, 45 STATES, AND THE DISTRICT OF COLUMBIA. THE COLLEGE OFFERED COURSES IN FALL, SPRING, AND SUMMER SESSIONS AND PROVIDED EDUCATIONAL SERVICES BOTH DOMESTICALLY AND THROUGH STUDY ABROAD PROGRAMS. THE COLLEGE GRADUATED 256 STUDENTS DURING THE YEAR, WHILE PROVIDING FINANCIAL ASSISTANCE TO 99 PERCENT OF DEGREE-SEEKING STUDENTS.ENROLLMENT AND DEVELOPMENT: DURING THE RECRUITMENT CYCLE FOR STUDENTS STARTING IN FALL 2024, THE COLLEGE RECEIVED 3,853 APPLICATIONS FROM FIRST-TIME, DEGREE-SEEKING STUDENTS. THE 224 STUDENTS WHO ENROLLED WILL GRADUATE AS THE CLASS OF 2028. THE COLLEGE CONTINUES TO RECEIVE RECOGNITION FROM EXTERNAL EVALUATORS AND PEERS ACROSS THE COUNTRY FOR THE QUALITY OF ITS UNDERGRADUATE TEACHING, CURRICULAR INNOVATIONS, ENTREPRENEURIAL AND STUDY ABROAD PROGRAMS, AND MORE. THESE REPUTATIONAL MEASURES, WHICH REFLECT THE COLLEGE'S INCREASING VISIBILITY, INCLUDE BEING NAMED THE #5 MOST INNOVATIVE SCHOOL BY U.S. NEWS & WORLD REPORT AND BEING ON THE NAMED LISTS FOR "BEST UNDERGRADUATE TEACHING," "FIRST YEAR EXPERIENCE TO LOOK FOR AND "MOST INTERNATIONAL STUDENTS." U.S. NEWS & WORLD REPORT RANKS BELOIT COLLEGE NATIONALLY AT #80 AMONG LIBERAL ARTS COLLEGES.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since October 1941.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
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