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Maryland · Nonprofit

GOUCHER COLLEGE

GOUCHER COLLEGE (Maryland) receives grants from 163 organizations whose IRS filings report $23,780,743 to it, the largest being NATIONAL PHILANTHROPIC TRUST ($5,231,700). 93 of them have funded it in more than one year, and 57% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$117M
Funders on record
163
Grants received
$24M
Net assets
$367M
93/163 repeat funderspeak grant-dependency 3%
01What it does

What Goucher College does

Mission

Goucher College provides an innovative liberal arts education that prepares students with a broad, humane perspective for a life of inquiry, creativity, and critical and analytical thinking. The College's vision is to become a top-100 national liberal arts college known for offering a transformational education that delivers graduates who can solve complex problems within a diverse, global community.

As stated on its FY2025 Form 990.

Programs

  1. The College provided an Undergraduate Arts and Sciences education to 981 students. Goucher's academic philosophy is focused on 3Rs: relationships, resilience, and reflection, and coursework reflects the core values of a liberal arts education: proficiency in English composition and in a foreign language, solid foundations in history, abstract reasoning, scientific discovery and experimentation, problem-solving, social structures, and environmental sustainability. A highlight of Goucher's unique liberal arts curriculum is the requirement that all undergraduates must study abroad at least once before graduation, making the College among the first in the nation to make such a bold move in globalized education. Goucher strives to educate the whole student and promotes a broad education over narrow career training. This gives graduates a wide range of professional options and increased ability to take advantage of new opportunities in developing fields-and even the capability to change careers. Goucher students master a range of knowledge, including the communication, critical thinking, and quantitative reasoning skills that U.S. employers overwhelmingly say they want job candidates to…

    $87,664,055 spentof which $36,957,870 as grants$64,176,687 earned by the program
    93% of program spending
  2. The College provided a graduate education to 478 students. The Welch Center for Graduate and Professional Studies offers a diverse range of academic programs, including: Master of Arts and Master of Fine Arts degrees in areas such as education, teaching, historic preservation, arts administration, cultural sustainability, digital arts, nonfiction, management, and environmental sustainability, plus a post-baccalaureate premedical program. These programs are led by industry leaders who help students strengthen their skills, add to their knowledge base, and create professional opportunities wherever their passions lead.

    $6,153,914 spentof which $1,208,232 as grants$5,871,940 earned by the program
    7% of program spending
  3. The College provided credit and non-credit continuing studies course work for 510 participants. Goucher is home to the College Board's Advanced Placement (AP) Summer Institute, training teachers in AP courses from across the country and around the world. The Advanced Placement Summer Institute allows teachers to earn graduate credit while gaining College Board-certified preparation in most subject areas offered through AP programs.

    $399,854 spent$432,552 earned by the program
    0% of program spending
  4. Other program services, not described on the e-filed return.

    $0 spent
    0% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $94,217,823.

02The organization over time

The organization over time

Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 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.

100 = 20182018 Revenue 100 ($112M) Expenses 100 ($109M) Net assets 100 ($287M)2019 Revenue 90 ($101M) Expenses 106 ($116M) Net assets 96 ($276M)2020 Revenue 84 ($94M) Expenses 101 ($110M) Net assets 91 ($260M)2021 Revenue 84 ($94M) Expenses 82 ($90M) Net assets 116 ($332M)2022 Revenue 88 ($98M) Expenses 97 ($105M) Net assets 109 ($313M)2023 Revenue 76 ($85M) Expenses 99 ($108M) Net assets 106 ($303M)2024 Revenue 125 ($140M) Expenses 102 ($111M) Net assets 123 ($352M)2025 Revenue 105 ($117M) Expenses 105 ($114M) Net assets 128 ($367M)
'18'19'20'21'22'23'24'25
Revenue (105)Expenses (105)Net assets (128)Peer revenue range

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 $394M to $462M (+17%).

$427M
$412M
$394M
$462M
$436M
$430M
$478M
$491M
'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

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.

2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2018 2% · 2019 3% · 2020 5% · 2021 14% · 2022 11% · 2023 7% · 2024 4% · 2025 4%. Grants only. Government contracts and fees sit inside program revenue.

22% of GOUCHER COLLEGE’s revenue is contributions — more donation-reliant than the typical peer (14% for the typical peer).

This organization
Typical peer · 732 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.

$2.6M
’18
−$15M
’19
−$17M
’20
$3.9M
’21
−$7.2M
’22
−$24M
’23
$29M
’24
$3.1M
’25
0.6
months of
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

Cindy Plavier-Truitt Class of 1988

Trustee, Chair

As listed on its FY2025 Form 990.

'18'19'20'21'22'23'24'25
Listed3235353333343330
Joined·+5+5+6+10+5+5+7
No longer listed·258104610
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 48 funders to 67 funders, grant income rose $899k → $2.3M.

31 of 163 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 57% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of GOUCHER COLLEGE’s funders (the co-funder graph). Top 30 of 163 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

GOUCHER COLLEGE has a broad base — no single funder exceeds 22% of grant income, and it takes 4 funders to reach half.

the vertical line marks half of all grant income — 4 funders to its left

59% 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 GOUCHER COLLEGE.

22%
largest funder
49%
top three
~10
effective funders

Largest funder’s share by year: 2017 15% · 2018 55% · 2019 53% · 2020 25% · 2021 27% · 2022 19% · 2023 25% — 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

45% of GOUCHER COLLEGE's funders are still giving 3 years after their first grant; 57% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

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

57% of GOUCHER COLLEGE's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $10M that is directly attributable, 54% of it comes from Maryland funders.

VT
MN
IL
MI
NY
MA
IN
OH
PA
NJ
CT
RI
CA
UT
CO
MO
VA
MD
DE
AZ
KS
NC
DC
AL
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Maryland out of state home

Funder states come from each funder’s own filing. $14M arriving through sponsors registered in 15 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.

04Its place in the field

Against its field

GOUCHER COLLEGE receives grants from 163 organizations whose IRS filings report $24M to it.

Operating margin3% · below the median
Months of reserve0.6mo · bottom quartile
Revenue growth (annualized)1% · bottom quartile

this organization peer median middle 50% of peers· 684 education nonprofits over $100M, FY2025

Government funding GOUCHER COLLEGE receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $42.6M on record — $11.9M federal, $30.7M state.

Federal$11.9M
grants $11.9Mcontracts $0
17
18
20
21
23
24
25
26
Top agencies
  • Department of Education$10.0M
  • Department of Energy$711k
  • National Science Foundation$576k
  • National Aeronautics and Space Administration$248k
  • National Endowment for the Humanities$181k
  • Department of Health and Human Services$136k
State$30.7M
06
07
09
10
11
12
13
14
15
16
17
18
19
20
21
22
23
By state
  • MD$30.7M
  • NJ$10k
  • CT$5k
  • DE$4k

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 GOUCHER COLLEGE

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 Maryland

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

82% of spending goes to programs.

Program 82%Management 15%Fundraising 2%

Governance

31
board members
97%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

47%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 19 states

AK
NH
WA
MT
MI
NY
MA
OR
NV
OH
NJ
CA
CO
MD
SC
DC
OK
LA
FL

Part of a family of 2 related entities

  • Pooled Income Fund (2) · corp_trust
  • Charitable Remainder Unitrust (3) · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for GOUCHER COLLEGE: 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.

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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 GOUCHER COLLEGE?
GOUCHER COLLEGE (Maryland) receives grants from 163 organizations whose IRS filings report $23,780,743 to it, the largest being NATIONAL PHILANTHROPIC TRUST ($5,231,700). 93 of them have funded it in more than one year, and 57% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does GOUCHER COLLEGE have?
IRS filings report 163 organizations giving $23,780,743 in grants to GOUCHER COLLEGE, 93 of which have funded it in more than one year.
Who is the largest funder of GOUCHER COLLEGE?
NATIONAL PHILANTHROPIC TRUST is the largest funder on record, with $5,231,700 in grants. The full list of funders is on this page.
How can an organization like GOUCHER COLLEGE find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Maryland. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Goucher College →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2018–2025), and the filings of 163 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