B — EducationEIN: 010263385

Thomas College

Waterville, Maine

B+Health Score
71B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 73 peers in Education with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.90×
Peer Median9.48×
💰
$34.7M
Total Revenue
📊
$35.2M
Total Expenses
🏦
$67.0M
Net Assets
📋
$18.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+11.9%
Year-over-year change (2022 → 2023)
Net Margin
-1.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.90
Net assets divided by total expenses
Liabilities-to-Assets
21.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$34,736,562↑12%$35,230,449↑13%$85,311,388↑2%
2022$31,052,244↓20%$31,047,245↓9%$83,830,985↓2%
2021$38,748,882↑20%$34,085,900↑15%$85,116,771↑10%
2020$32,333,664↓3%$29,684,945↓2%$77,306,149↑3%
2019$33,288,156↓1%$30,184,307↑2%$75,197,544↑4%
2018$33,559,666↑3%$29,645,063↓3%$72,325,247↑5%
2017$32,462,565↑12%$30,468,378↑6%$68,669,460↑2%
2016$29,078,992↑1%$28,835,512↑12%$67,164,911↓2%
2015$28,858,290↑2%$25,712,587↑3%$68,410,832↑5%
2014$28,388,639↑8%$24,916,109↑9%$65,292,946↑22%
2013$26,350,683↑12%$22,886,936↑6%$53,630,085↑5%
2012$23,499,716↑8%$21,555,345↑16%$51,067,152↑17%
2011$21,860,182$18,628,655$43,711,842

Frequently Asked Questions

What does Thomas College do?▼

Thomas College is a education nonprofit organization based in Maine. It is classified under NTEE code B420 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Thomas College financially healthy?▼

Based on our 9-metric Financial Health Score model, Thomas College has a score of 71/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Thomas College generate?▼

Thomas College reports $40.0M in annual revenue and holds $86.8M in total assets, based on IRS filings.

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