Pomona College EIN 95-1664112

Pomona College

EIN  95-1664112 Higher education institution Claremont, CA Founded 1887
Form 990 (PDF) Compare with another nonprofit →
Verified accurate 7/4/26 · see original filing: IRS
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Size
$100M+
What they do
Provides a premier liberal arts education and comprehensive student support services, including academic counseling, diverse cultural centers, and career development programs.
Leadership
G Gabrielle Starr · President · $819K
Money in and out
$501.7M revenue, $318.7M expenses
Bottom line
+36% operating surplus

Provides a premier liberal arts education and comprehensive student support services, including academic counseling, diverse cultural centers, and career development programs. For fiscal year 2024 it reported $501.7M in revenue, $318.7M in expenses, and $3.8B in net assets.Pt I

Financial scale & money flow · FY2024
Total revenue
$501.7M
Pt VIII · Ln 12
Total expenses
$318.7M
Pt IX · Ln 25
Net assets
$3.8B
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $183.0M
Where spending went · Part IX cols B–D
Program services $0.88 Management & general $0.05 Fundraising $0.07
Operating surplus
+36%
revenue over expenses, this legal entity▲ +369% vs prior filing year
Payroll share
41%
of this entity's spending is salaries & benefits▲ +1% vs prior filing year
Program spending
88%
of expenses reach program services▼ -2% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$501.7M
FY2024▲ +52%
Expenses
$318.7M
FY2024▲ +5%
Total assets
$4.2B
FY2024▲ +7%
Total liabilities
$426.6M
FY20240%
Total revenue
$501.7M
Pt VIII · Ln 12
Total expenses
$318.7M
Pt IX · Ln 25
Net assets
$3.8B
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$183.0M
Total assetsPt X · Ln 16$4.2B
Program-expense ratioPt IX · col B88%
Voting members of governing bodyPt I · Ln 329
Independent voting membersPt I · Ln 428
Mission & Programs · Part III

Where the work happens

3 program services account for $224.8M of program spending, described in the organization's own filed words · FY2024.
01

Instruction and Research

Consistently ranked as one of the top national liberal arts colleges according to U.S. News and world report, pomona college offers an academic program that encompasses the major fields of the arts, humanities, natural sciences and social sciences.

$149.9Mprogram expense
02

Auxiliary Enterprises

A majority of pomona college students reside in campus housing throughout their college career, a testament to the quality of life on campus. The scale and arrangement of pomona's 14 residence halls encourage students to get to know each other.

$42.7Mprogram expense
03

Student Services

Pomona college offers students a wide variety of programs to extend their education beyond the classroom, including more than 300 student organizations across the claremont colleges consortium, sports, the student life newspaper, student government among other opportunities to engage with the campus community.

$32.2Mprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPomona College
EINHdr · item D95-1664112
Principal addressHdr · item CClaremont, CA
WebsiteHdr · item Jwww.pomona.edu
Year of formationHdr · item L1887
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFColleges & Universities (B420)
Ruling yearIRS BMFDec 1954

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a29
Independent voting membersPt VI · Ln 1b28
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$818,840Pt VII · Sec A
Asst Treasurer/CIO
$638,695Pt VII · Sec A
Avp Development (thru 12/2/24)
$482,147Pt VII · Sec A
Dir of Investments
$445,957Pt VII · Sec A
VP Treasurer, COO
$409,261Pt VII · Sec A
VP Advancement
$398,054Pt VII · Sec A
VP Strategy/Dean Adm (thru 2/25/25)
$377,930Pt VII · Sec A
Professor/FMR Dean of College
$366,140Pt VII · Sec A

G Gabrielle Starr’s $819K as President is at the 67th percentile of top reported officer pay among 674 $100M+ education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Gabi Starr$826,733$995,835$636,234$685,672$646,696
G Gabrielle Starr$818,840
David Wallace$638,695$590,090$378,063$282,917$270,932$263,272
Craig Hyland$482,147
Robert Goldberg$237,973$402,672$456,498
Joshua Ross$445,957$389,679
Jeff Roth$409,261$429,075
Maria Watson$398,054$381,152$425,463$395,492$344,701

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Investment income$298.6M · 60%
Program service revenue$152.2M · 30%
Contributions & grants$49.4M · 10%
Investment income60%$298.6M
Program service revenue30%$152.2M
Contributions & grants10%$49.4M
Other revenue$1.5M
— government grantsLn 1e$4.2M
Total revenueLn 12$501.7M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.88 Management & general $0.05 Fundraising $0.07
Program services88%$281.0M
Management & general5%$16.2M
Fundraising7%$21.5M
Total functional expensesLn 25$318.7M

Balance Sheet

Part X · end of year
CashLn 1$152.8M
Total assetsLn 16$4.2B
Total liabilitiesLn 26$426.6M
Total net assetsLn 32$3.8B
Months of cash on handcomputed5.8

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $3.7B · Operating expenses (Pt IX) $318.7M · Less non-cash grants $8.1M · Cash operating expenses/yr $310.6M
142.2 months
Where the money goes
Program services
Program services $281.0M · Total expenses $318.7M
88%
Management & General
Management & general $16.2M · Total expenses $318.7M
5%
Fundraising
Fundraising $21.5M · Total expenses $318.7M
7%
Cost to raise $1
Fundraising expense (3-yr avg) $18.1M · Solicited contributions (3-yr avg) $32.0M
$0.57 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $49.4M · Total revenue $501.7M
10%
Government reliance
Government grants $4.2M · Total revenue $501.7M
1%
Earned-income share
Program service revenue $152.2M · Total revenue $501.7M
30%
Investment reliance
Investment income $298.6M · Total revenue $501.7M
+60%
Program self-sufficiency
Program service revenue $152.2M · Total expenses $318.7M
48%
Growth & trend
Revenue growth (YoY)
This year $501.7M · Prior year $329.4M
+52%
Revenue CAGR
FY2019 $268.5M · FY2024 $501.7M
+13%
Net-asset trend (YoY)
End of year $3.8B · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $501.7M · Expenses $318.7M
+36%
Liabilities-to-Assets
Total liabilities — · Total assets $4.2B
Net-asset ratio
Net assets $3.8B · Total assets $4.2B
90%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $375.2M · Other securities (Pt X, ln 12) $3.2B · Total assets (Pt X, ln 16) $4.2B
84%
People & payroll
Highest Reported Total Compensation
Individual G Gabrielle Starr · Reported title PRESIDENT · Highest reported compensation $819K · Total expenses $318.7M
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $129.5M · Total expenses $318.7M
41%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 88%
Overhead ratio 5%
Fundraising cost ratio 43%
Revenue growth 52%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2025
See all 8 funders →
Grants paid · 12 grants · $297.5M · 2019–2024
Unitemized GrantFY2024$58,807,429
Unitemized GrantFY2024$463,735
Unitemized GrantFY2023$56,415,963
Unitemized GrantFY2023$463,735
Unitemized GrantFY2022$48,419,363
Unitemized GrantFY2022$469,735
Unitemized GrantFY2021$46,888,256
Unitemized GrantFY2021$451,735
Unitemized GrantFY2020$39,293,036
Unitemized GrantFY2020$463,735
Unitemized GrantFY2019$44,789,168
Unitemized GrantFY2019$565,595

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$329.4M revenue · ⤓ 990 PDF
FY2023$243.7M revenue · ⤓ 990 PDF
FY2022$498.8M revenue · ⤓ 990 PDF
FY2021$235.1M revenue · ⤓ 990 PDF
FY2020$268.5M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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