Indiana · Nonprofit
Earlham College Inc
Earlham College Inc (Indiana) receives grants from 102 organizations whose IRS filings report $44,322,939 to it, the largest being LILLY ENDOWMENT INC ($28,543,984). 56 of them have funded it in more than one year.
- Revenue FY2025
- $87M
- Funders on record
- 102
- Grants received
- $44M
- Net assets
- $248M
What Earlham College Inc does
Mission
The mission of Earlham College, an independent, residential college, is to provide the highest quality undergraduate education in the liberal arts, including the sciences, shaped by the distinctive perspectives of the Religious Society of Friends (Quakers). The College provides extensive opportunities for students and faculty to learn from each other in a cooperative community, an important aspect of which is collaborative student/faculty research. At Earlham College, education is carried on with a concern for the world in which we live and for improving human society. Therefore, Earlham stresses global education, peaceful resolution of conflict, equality of persons, and high moral standards of personal conduct.
As stated on its FY2025 Form 990.
Programs
Earlham College - Providing high quality liberal arts education for 677 students (729 including Earlham School of Religion) per IPEDS reporting. Serving the local community through arts, music, and cultural events open to the public. Students volunteer with many community service organizations. Approximately 2,500 people in the local community are served in this way.
$84,263,860 spentof which $35,488,449 as grants$44,642,558 earned by the program98% of program spendingEarlham School of Religion - Providing seminary training for 52 students.
$1,526,913 spentof which $538,636 as grants$602,802 earned by the program2% of program spending
The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $85,790,773.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $334M to $378M (+13%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 1% · 2018 1% · 2019 1% · 2020 2% · 2021 2% · 2022 6% · 2023 1% · 2024 1% · 2025 1%. Grants only. Government contracts and fees sit inside program revenue.
45% of Earlham College Inc’s revenue is contributions — more donation-reliant than the typical peer (23% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 6 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Thomas Thornburg
Chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 18 funders to 39 funders, grant income rose $286k → $28M.
21 of 102 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 25% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $217M from 18 payers (the payer shares this organization's board, largest Earlham Foundation). These are real filings, and they are not money Earlham College Inc raised.
From the IRS filings of Earlham College Inc’s funders (the co-funder graph). Top 30 of 102 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
Earlham College Inc leans on a few funders — its largest provides 64% of grant income and the top three 87%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
25% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Earlham College Inc.
Largest funder’s share by year: 2017 52% · 2018 22% · 2019 82% · 2020 54% · 2021 63% · 2022 51% · 2023 91% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
46% of Earlham College Inc's funders are still giving 3 years after their first grant; 55% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
86% of Earlham College Inc's grant income comes from Indiana funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $11M arriving through sponsors registered in 13 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
Earlham College Inc is better cushioned than half of the 3,794 education nonprofits its size.
this organization peer median middle 50% of peers· 3,794 education nonprofits $10M–$100M, FY2025
Government funding Earlham College Inc receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $9.9M on record.
- Department of Education$7.2M
- National Science Foundation$1.2M
- Institute of Museum and Library Services$1.0M
- National Endowment for the Humanities$505k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like Earlham College Inc
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Indiana
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
85% of spending goes to programs.
Governance
Public support
88%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 4 related entities
- Ec Real Estate Holdings LLC · disregarded
- Earlham Foundation Inc · exempt
- Western Yearly Meeting of Friends Church · exempt
- Charitable Remainder Trusts (14) · corp_trust
Screen this organization
A dated, signed PDF of the compliance screen for Earlham College Inc: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds Earlham College Inc?
- Earlham College Inc (Indiana) receives grants from 102 organizations whose IRS filings report $44,322,939 to it, the largest being LILLY ENDOWMENT INC ($28,543,984). 56 of them have funded it in more than one year.
- How many funders does Earlham College Inc have?
- IRS filings report 102 organizations giving $44,322,939 in grants to Earlham College Inc, 56 of which have funded it in more than one year.
- Who is the largest funder of Earlham College Inc?
- LILLY ENDOWMENT INC is the largest funder on record, with $28,543,984 in grants. The full list of funders is on this page.
- How can an organization like Earlham College Inc find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Indiana. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 102 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing