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Employer Identification Number 04-2103544

BABSON COLLEGE is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:BABSON COLLEGE
Employer identification number (EIN):04-2103544
EIN Issuing AuthorityBrookhaven, NY
NAIC Classification:611000
401k Pension/Benefits registration BABSON COLLEGE 401k plan information
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code
State of IncorporationMassachusetts, MA

Organization Overview

Mission StatementSEE SCHEDULE O
Number of Employees2369
Number of Volunteers2436
Year Formed1919

Organization Governance

Legal DomicileMA
Voting Members - Governing Body43
Voting Members - Independent40

Organization Financials

2023-06-30
Total unrelated business incomeUSD $ -82,832
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 244,383,907
Program Service Revenue from current yearUSD $ 269,429,722
Investment Income from prior yearUSD $ 84,990,124
Investment Income from current yearUSD $ 22,533,869
Other Revenue from prior yearUSD $ 3,308,853
Other Revenue from current yearUSD $ 3,232,658
Gross receipts from all sourcesUSD $ 566,210,784
Net assets / fund balances at end of fiscal yearUSD $ 866,751,398
Net assets / fund balances at beginning of fiscal yearUSD $ 818,168,000
Total liabilities at end of fiscal yearUSD $ 249,328,947
Total liabilities at beginning of fiscal yearUSD $ 262,968,455
Total assets at end of fiscal yearUSD $ 1,116,080,345
Total assets at beginning of fiscal yearUSD $ 1,081,136,455
Revenues less expenses for current yearUSD $ 38,550,285
Revenues less expenses for previous yearUSD $ 116,654,674
Total expenses for current yearUSD $ 305,464,086
Total expenses for previous yearUSD $ 280,964,776
Other expenses in current yearUSD $ 104,123,351
Other expenses in previous yearUSD $ 97,982,080
Total fundraising expenses in current yearUSD $ 11,436,951
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 138,954,324
Employee salary and benefits paid in previous yearUSD $ 124,241,316
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 62,386,411
Grants and similar amounts paid in previous yearUSD $ 58,741,380
Total revenue in current fiscal yearUSD $ 344,014,371
Total revenue in previous fiscal yearUSD $ 397,619,450
Contributions and grants from current yearUSD $ 48,818,122
Contributions and grants from previous yearUSD $ 64,936,566
Gross income from gamingUSD $ 6,170
2022-06-30
Total unrelated business incomeUSD $ 1,863,553
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 206,250,072
Program Service Revenue from current yearUSD $ 244,383,907
Investment Income from prior yearUSD $ 57,061,301
Investment Income from current yearUSD $ 84,990,124
Other Revenue from prior yearUSD $ 2,810,677
Other Revenue from current yearUSD $ 3,308,853
Gross receipts from all sourcesUSD $ 560,640,211
Net assets / fund balances at end of fiscal yearUSD $ 818,168,000
Net assets / fund balances at beginning of fiscal yearUSD $ 812,040,905
Total liabilities at end of fiscal yearUSD $ 262,968,455
Total liabilities at beginning of fiscal yearUSD $ 272,254,459
Total assets at end of fiscal yearUSD $ 1,081,136,455
Total assets at beginning of fiscal yearUSD $ 1,084,295,364
Revenues less expenses for current yearUSD $ 116,654,674
Revenues less expenses for previous yearUSD $ 51,167,575
Total expenses for current yearUSD $ 280,964,776
Total expenses for previous yearUSD $ 252,934,350
Other expenses in current yearUSD $ 97,982,080
Other expenses in previous yearUSD $ 82,430,392
Total fundraising expenses in current yearUSD $ 12,463,799
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 124,241,316
Employee salary and benefits paid in previous yearUSD $ 121,097,169
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 58,741,380
Grants and similar amounts paid in previous yearUSD $ 49,406,789
Total revenue in current fiscal yearUSD $ 397,619,450
Total revenue in previous fiscal yearUSD $ 304,101,925
Contributions and grants from current yearUSD $ 64,936,566
Contributions and grants from previous yearUSD $ 37,979,875
Gross income from fundraising eventsUSD $ 49,140
Gross income from gamingUSD $ 900
2021-06-30
Total unrelated business incomeUSD $ -432,425
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 217,944,851
Program Service Revenue from current yearUSD $ 206,250,072
Investment Income from prior yearUSD $ 23,955,237
Investment Income from current yearUSD $ 57,061,301
Other Revenue from prior yearUSD $ 3,205,420
Other Revenue from current yearUSD $ 2,810,677
Gross receipts from all sourcesUSD $ 542,289,658
Net assets / fund balances at end of fiscal yearUSD $ 812,040,905
Net assets / fund balances at beginning of fiscal yearUSD $ 603,339,493
Total liabilities at end of fiscal yearUSD $ 272,254,459
Total liabilities at beginning of fiscal yearUSD $ 259,899,322
Total assets at end of fiscal yearUSD $ 1,084,295,364
Total assets at beginning of fiscal yearUSD $ 863,238,815
Revenues less expenses for current yearUSD $ 51,167,575
Revenues less expenses for previous yearUSD $ 35,059,013
Total expenses for current yearUSD $ 252,934,350
Total expenses for previous yearUSD $ 259,126,797
Other expenses in current yearUSD $ 82,430,392
Other expenses in previous yearUSD $ 83,541,173
Total fundraising expenses in current yearUSD $ 14,799,120
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 121,097,169
Employee salary and benefits paid in previous yearUSD $ 126,684,607
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 49,406,789
Grants and similar amounts paid in previous yearUSD $ 48,901,017
Total revenue in current fiscal yearUSD $ 304,101,925
Total revenue in previous fiscal yearUSD $ 294,185,810
Contributions and grants from current yearUSD $ 37,979,875
Contributions and grants from previous yearUSD $ 49,080,302
Gross income from fundraising eventsUSD $ 0
Cost of goods soldUSD $ 0
Gross income from gamingUSD $ 0
Gross sales of inventory assetsUSD $ 0
Total of other revenueUSD $ 0
2020-06-30
Total unrelated business incomeUSD $ 48,997
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 224,232,180
Program Service Revenue from current yearUSD $ 217,944,851
Investment Income from prior yearUSD $ 15,218,611
Investment Income from current yearUSD $ 23,955,237
Other Revenue from prior yearUSD $ 3,715,694
Other Revenue from current yearUSD $ 3,205,420
Gross receipts from all sourcesUSD $ 371,916,079
Net assets / fund balances at end of fiscal yearUSD $ 603,339,493
Net assets / fund balances at beginning of fiscal yearUSD $ 557,624,127
Total liabilities at end of fiscal yearUSD $ 259,899,322
Total liabilities at beginning of fiscal yearUSD $ 259,683,638
Total assets at end of fiscal yearUSD $ 863,238,815
Total assets at beginning of fiscal yearUSD $ 817,307,765
Revenues less expenses for current yearUSD $ 35,059,013
Revenues less expenses for previous yearUSD $ 14,899,245
Total expenses for current yearUSD $ 259,126,797
Total expenses for previous yearUSD $ 265,842,275
Other expenses in current yearUSD $ 83,541,173
Other expenses in previous yearUSD $ 91,129,365
Total fundraising expenses in current yearUSD $ 14,193,983
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 126,684,607
Employee salary and benefits paid in previous yearUSD $ 125,419,756
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 48,901,017
Grants and similar amounts paid in previous yearUSD $ 49,293,154
Total revenue in current fiscal yearUSD $ 294,185,810
Total revenue in previous fiscal yearUSD $ 280,741,520
Contributions and grants from current yearUSD $ 49,080,302
Contributions and grants from previous yearUSD $ 37,575,035
Gross income from fundraising eventsUSD $ 0
Cost of goods soldUSD $ 0
Gross income from gamingUSD $ 0
Gross sales of inventory assetsUSD $ 0
Total of other revenueUSD $ 0
2019-06-30
Total unrelated business incomeUSD $ 187,563
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 223,108,885
Program Service Revenue from current yearUSD $ 224,232,180
Investment Income from prior yearUSD $ 13,538,818
Investment Income from current yearUSD $ 15,218,611
Other Revenue from prior yearUSD $ 3,588,698
Other Revenue from current yearUSD $ 3,715,694
Gross receipts from all sourcesUSD $ 436,980,568
Net assets / fund balances at end of fiscal yearUSD $ 557,624,127
Net assets / fund balances at beginning of fiscal yearUSD $ 511,527,113
Total liabilities at end of fiscal yearUSD $ 259,683,638
Total liabilities at beginning of fiscal yearUSD $ 268,196,673
Total assets at end of fiscal yearUSD $ 817,307,765
Total assets at beginning of fiscal yearUSD $ 779,723,786
Revenues less expenses for current yearUSD $ 14,899,245
Revenues less expenses for previous yearUSD $ 35,032,098
Total expenses for current yearUSD $ 265,842,275
Total expenses for previous yearUSD $ 251,450,725
Other expenses in current yearUSD $ 91,129,365
Other expenses in previous yearUSD $ 84,507,346
Total fundraising expenses in current yearUSD $ 10,813,981
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 125,419,756
Employee salary and benefits paid in previous yearUSD $ 121,797,069
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 49,293,154
Grants and similar amounts paid in previous yearUSD $ 45,146,310
Total revenue in current fiscal yearUSD $ 280,741,520
Total revenue in previous fiscal yearUSD $ 286,482,823
Contributions and grants from current yearUSD $ 37,575,035
Contributions and grants from previous yearUSD $ 46,246,422
Gross income from fundraising eventsUSD $ 39,255
Cost of goods soldUSD $ 0
Gross income from gamingUSD $ 7,520
Gross sales of inventory assetsUSD $ 0
Total of other revenueUSD $ 0
2018-06-30
Total unrelated business incomeUSD $ 849,337
Net unrelated business incomeUSD $ -214,963
Program Service Revenue from prior yearUSD $ 210,555,935
Program Service Revenue from current yearUSD $ 223,108,885
Investment Income from prior yearUSD $ 9,413,792
Investment Income from current yearUSD $ 13,538,818
Other Revenue from prior yearUSD $ 3,510,780
Other Revenue from current yearUSD $ 3,588,698
Gross receipts from all sourcesUSD $ 359,403,002
Net assets / fund balances at end of fiscal yearUSD $ 511,527,113
Net assets / fund balances at beginning of fiscal yearUSD $ 448,290,646
Total liabilities at end of fiscal yearUSD $ 268,196,673
Total liabilities at beginning of fiscal yearUSD $ 230,591,127
Total assets at end of fiscal yearUSD $ 779,723,786
Total assets at beginning of fiscal yearUSD $ 678,881,773
Revenues less expenses for current yearUSD $ 35,032,098
Revenues less expenses for previous yearUSD $ 7,286,965
Total expenses for current yearUSD $ 251,450,725
Total expenses for previous yearUSD $ 243,794,630
Other expenses in current yearUSD $ 84,507,346
Other expenses in previous yearUSD $ 83,775,566
Total fundraising expenses in current yearUSD $ 8,224,389
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 121,797,069
Employee salary and benefits paid in previous yearUSD $ 117,891,997
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 45,146,310
Grants and similar amounts paid in previous yearUSD $ 42,127,067
Total revenue in current fiscal yearUSD $ 286,482,823
Total revenue in previous fiscal yearUSD $ 251,081,595
Contributions and grants from current yearUSD $ 46,246,422
Contributions and grants from previous yearUSD $ 27,601,088
Gross income from fundraising eventsUSD $ 23,890
Cost of goods soldUSD $ 0
Gross income from gamingUSD $ 738
Gross sales of inventory assetsUSD $ 0
Total of other revenueUSD $ 0
2017-06-30
Total unrelated business incomeUSD $ 474,011
Net unrelated business incomeUSD $ -190,713
Program Service Revenue from prior yearUSD $ 203,175,130
Program Service Revenue from current yearUSD $ 210,555,935
Investment Income from prior yearUSD $ 4,863,337
Investment Income from current yearUSD $ 9,413,792
Other Revenue from prior yearUSD $ 2,696,476
Other Revenue from current yearUSD $ 3,510,780
Gross receipts from all sourcesUSD $ 319,146,219
Net assets / fund balances at end of fiscal yearUSD $ 448,290,646
Net assets / fund balances at beginning of fiscal yearUSD $ 400,496,497
Total liabilities at end of fiscal yearUSD $ 230,591,127
Total liabilities at beginning of fiscal yearUSD $ 233,458,259
Total assets at end of fiscal yearUSD $ 678,881,773
Total assets at beginning of fiscal yearUSD $ 633,954,756
Revenues less expenses for current yearUSD $ 7,286,965
Revenues less expenses for previous yearUSD $ 2,305,369
Total expenses for current yearUSD $ 243,794,630
Total expenses for previous yearUSD $ 230,502,707
Other expenses in current yearUSD $ 83,775,566
Other expenses in previous yearUSD $ 79,045,390
Total fundraising expenses in current yearUSD $ 8,127,281
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 117,891,997
Employee salary and benefits paid in previous yearUSD $ 111,113,865
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 42,127,067
Grants and similar amounts paid in previous yearUSD $ 40,343,452
Total revenue in current fiscal yearUSD $ 251,081,595
Total revenue in previous fiscal yearUSD $ 232,808,076
Contributions and grants from current yearUSD $ 27,601,088
Contributions and grants from previous yearUSD $ 22,073,133
Gross income from fundraising eventsUSD $ 28,644
Cost of goods soldUSD $ 0
Gross income from gamingUSD $ 240
Gross sales of inventory assetsUSD $ 0
Total of other revenueUSD $ 0
2016-06-30
Total unrelated business incomeUSD $ 381,085
Net unrelated business incomeUSD $ -356,566
Program Service Revenue from prior yearUSD $ 202,200,650
Program Service Revenue from current yearUSD $ 203,175,130
Investment Income from prior yearUSD $ 10,133,016
Investment Income from current yearUSD $ 4,863,337
Other Revenue from prior yearUSD $ 2,690,214
Other Revenue from current yearUSD $ 2,696,476
Gross receipts from all sourcesUSD $ 304,035,816
Net assets / fund balances at end of fiscal yearUSD $ 400,496,497
Net assets / fund balances at beginning of fiscal yearUSD $ 412,040,869
Total liabilities at end of fiscal yearUSD $ 233,458,259
Total liabilities at beginning of fiscal yearUSD $ 188,432,813
Total assets at end of fiscal yearUSD $ 633,954,756
Total assets at beginning of fiscal yearUSD $ 600,473,682
Revenues less expenses for current yearUSD $ 2,305,369
Revenues less expenses for previous yearUSD $ 11,928,086
Total expenses for current yearUSD $ 230,502,707
Total expenses for previous yearUSD $ 220,607,866
Other expenses in current yearUSD $ 79,045,390
Other expenses in previous yearUSD $ 76,282,704
Total fundraising expenses in current yearUSD $ 5,472,864
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 111,113,865
Employee salary and benefits paid in previous yearUSD $ 107,685,411
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 40,343,452
Grants and similar amounts paid in previous yearUSD $ 36,639,751
Total revenue in current fiscal yearUSD $ 232,808,076
Total revenue in previous fiscal yearUSD $ 232,535,952
Contributions and grants from current yearUSD $ 22,073,133
Contributions and grants from previous yearUSD $ 17,512,072
Gross income from fundraising eventsUSD $ 64,460
Gross income from gamingUSD $ 8,730
Total of other revenueUSD $ 0
2015-06-30
Total unrelated business incomeUSD $ 1,724,256
Net unrelated business incomeUSD $ 1,040,698
Program Service Revenue from prior yearUSD $ 196,225,857
Program Service Revenue from current yearUSD $ 202,200,650
Investment Income from prior yearUSD $ 9,429,009
Investment Income from current yearUSD $ 10,133,016
Other Revenue from prior yearUSD $ 2,632,752
Other Revenue from current yearUSD $ 2,690,214
Gross receipts from all sourcesUSD $ 301,726,561
Net assets / fund balances at end of fiscal yearUSD $ 412,040,869
Net assets / fund balances at beginning of fiscal yearUSD $ 391,548,085
Total liabilities at end of fiscal yearUSD $ 188,432,813
Total liabilities at beginning of fiscal yearUSD $ 185,067,181
Total assets at end of fiscal yearUSD $ 600,473,682
Total assets at beginning of fiscal yearUSD $ 576,615,266
Revenues less expenses for current yearUSD $ 11,928,086
Revenues less expenses for previous yearUSD $ 15,247,321
Total expenses for current yearUSD $ 220,607,866
Total expenses for previous yearUSD $ 213,850,496
Other expenses in current yearUSD $ 76,282,704
Other expenses in previous yearUSD $ 75,466,065
Total fundraising expenses in current yearUSD $ 4,522,408
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 107,685,411
Employee salary and benefits paid in previous yearUSD $ 102,354,314
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 36,639,751
Grants and similar amounts paid in previous yearUSD $ 36,030,117
Total revenue in current fiscal yearUSD $ 232,535,952
Total revenue in previous fiscal yearUSD $ 229,097,817
Contributions and grants from current yearUSD $ 17,512,072
Contributions and grants from previous yearUSD $ 20,810,199
Total of other revenueUSD $ 0

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 042103544

USA Mailing Address
NICHOLS BLDG
BABSON PARK
MA
02457
Date first seen: 2009-01-01
Date last seen: 2024-12-31
USA Mailing Address
231 FOREST ST
BABSON PARK
MA
024570310
Date first seen: 2014-05-06
Date last seen: 2024-05-14
USA Mailing Address
231 FOREST STREET
NICHOLS BLDG.
BABSON PARK
MA
02457
Date first seen: 2009-01-01
Date last seen: 2026-05-12
USA Mailing Address
231 FOREST STREET, NICHOLS BLDG
BABSON PARK
MA
02457
Date first seen: 2009-01-01
Date last seen: 2026-05-12

The following addresses have been found in other jurisdictions:

Jurisdiction:Washington Department of State
Address:
C T CORPORATION SYSTEM
711 CAPITOL WAY S STE 204
OLYMPIA
WA
985011267
Jurisdiction Company ID:603044407
Jurisdiction Registration Date:2010-09-02

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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