Dickinson College

Nonprofit profile at a glance

EIN
231365954
IRS 990 coverage
2009–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024, Form 990-T 2024
Location
Carlisle, PA, USA
Phone
800-644-1773
Rating
85
Verdict
STRONG
Rating confidence
Standard
Sector
Undergraduate College (4-year)

Official website

Reported finances

Revenue
$266,152,779
Expenses
$239,735,456
Assets
$967,433,798
Liabilities
$147,816,573

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

53 people listed

Executive titles in this filing

  • JOHN E JONES III (PRESIDENT)
  • KENNETH E SHULTES (ASSOCIATE VICE PRESIDENT)
  • DAVID S WALKER (VICE PRESIDENT & TREASURER)
  • CARLO S ROBUSTELLI (VICE PRESIDENT)
  • VINCENT CHAMPION (VICE PRESIDENT)
  • KRISTEN KOSTECKY (ASSOCIATE VICE PRESIDENT)

Highest reported compensation

  • JOHN E JONES III (PRESIDENT): $595,671 total reported compensation
  • KENNETH E SHULTES (ASSOCIATE VICE PRESIDENT): $367,636 total reported compensation
  • RENEE A CRAMER (PROVOST): $319,717 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Dickinson College is an intellectual and social community that values justice, free inquiry, diversity and equal opportunity.

What it reported doing in 2024

Educating students - dickinson college is committed to making a top-tier education in the liberal arts and sciences available regardless of families' economic means. All admitted students from the most recent entering class, who demonstrated financial need and who met application deadlines, were offered aid. In 2024-25, dickinson students received an estimated $112,670,177 in financial aid, of which $95,307,961 was provided from the college's funds. State and federal aid programs, parent loans and other outside sources provided the remaining funds.continued on schedule oin fall 2024, the college employed 221 full-time equivalent faculty. 91% of full-time faculty members hold a doctorate or other terminal degree. Of this group, full professors comprised 28%, associate professors 36%, assistant professors 31%, and instructors 5%. The student-to-faculty ratio for fall 2024 was 11:1. To support its academic, student life and auxiliary programs, the college also employs 331 professional administrative staff personnel (all ft) and 321 support staff personnel (281 ft; 40 pt). Dickinson continues to receive favorable and frequent media attention and attract greater levels of student interest each year. As the number of applications and the quality of recent entering classes demonstrate, dickinson has a secure national and international reputation as a top-quality liberal arts college. The increased level of interest the college has seen in recent years puts the college in a good position to continue to analyze and better understand the profile of students who enroll and remain at dickinson in order to improve selectivity, yield and retention.2,311 students were enrolled for fall 2024, including 157 students studying off-campus at the college's centers in the u.s. And abroad. For fall 2024, students came from 44 u.s. States and territories and 52 foreign countries. The office of admissions admitted 3,059 first-year students reflecting an acceptance rate of 42%. First-year enrollment figures reflect the college's ongoing commitment to academic quality (53% ranked top 10% of class). The 1-year retention rate was 93%, and 79% of entering first-year students graduated within four years. Dickinson students may select either of two broad degree orientations within the curriculum: the bachelor of arts or the bachelor of science degree. General education requirements are the same in either case; only students with the concentration in one of the natural or mathematical sciences may be candidates for the bachelor of science degree. Courses are offered in two semesters, each comprising 14 weeks of classes followed by final examinations. The fall semester begins in late august and concludes in december. Students have a reading period at the end of classes in which to prepare for the final examinations and papers which are scheduled during the subsequent week. Spring semester begins near the end of january and runs through mid-may, following the same pattern of classes and examinations as the fall semester. Seeking a balance between the full breadth of liberal learning and depth represented by one disciplined approach to knowledge, each dickinson student is required to take a minimum of 32 courses, complete a series of all-college requirements, and select a major concentration. General requirements for the degree include a first-year seminar, one "writing in the discipline" course and one "quantitative reasoning" course. Additional requirements for graduation include distribution courses (at least one course in the arts, humanities, social sciences and laboratory science), cross-cultural studies, and one course in sustainability.dickinson offers a rich curriculum, including the exploration of new fields of study (recent introduction of a major in data analytics and a minor in ethics are examples). Some the college's recent accomplishments include:- surpassing the $70 million goal for the campaign for scholarships, raising $78 million from more tha

Operating model

Revenue model
Earned-program. 82% of the money available for current operations came from fees and other program revenue.
Distribution model
Hybrid. The nonprofit split its reported program spending across 57% for direct work, and 43% for grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 82
  • Transparency & Controls: 79
  • Accountability: 100
  • Sustainability: 73
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 90.4%; rating input score 90
  • Program expense ratio: 88.8%; rating input score 89
  • Fundraising efficiency: $5.22 raised per $1 spent on fundraising; rating input score 22; 22nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: 1 of 8 controls in place; rating input score 12
    • Claims monitoring procedures: Pass
    • Requires narrative reports: Fail
    • Conducts field audits: Fail
    • May suspend future funding: Fail
    • Requires financial reports: Fail
    • Conducts site visits: Fail
    • Requires grant agreements: Fail
    • May require repayment: Fail
  • Grant itemization coverage: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 100%; rating input score 100; 77th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 9.9%; rating input score 72; 72nd percentile among comparable filings
  • Total-asset coverage ratio: 4.04; rating input score 82; 82nd percentile among comparable filings
  • Liabilities to assets ratio: 0.15; rating input score 75; 75th percentile among comparable filings
  • Officer compensation ratio: 2%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 2.7% per year; rating input score 100; 20th percentile among comparable filings
  • Revenue growth: 3.4% per year; rating input score 100; 26th percentile among comparable filings
  • Asset growth: 4% per year; rating input score 100; 28th percentile among comparable filings

Details

  • What they do: 3 programs and campaigns described on the official site · 1 operating location identified
  • Where the money goes: 90.4% of revenue deployed · 88.8% of spending went to programs
  • Governance: 34 of 34 board members independent · 9 of 9 filing controls reported
  • Programs: 2 filed program accomplishments · $212.8M in reported program spending
  • Leadership: top reported pay $596K · 53 people listed · 4 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $5.4M reported
  • Consistency: 46 of 46 current checks pass
  • Schedules: 13 filed schedules · includes major donors, foreign activity, grants, executive pay, and related organizations
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 22 filed money-flow records
  • Related organizations: 6 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Transparency & Controls: Foreign activity oversight: 7 of 8 not reported.
  • High — Financial Efficiency: Fundraising efficiency scored 22/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.