Wheaton College

Summary

Wheaton College is an explicitly Christian, academically rigorous, fully residential liberal arts college and graduate school located in the Chicago area.


Contact information

Mailing address:
Wheaton College
501 College Avenue
Wheaton, IL 60187

Website: wheaton.edu

Phone: 630-752-5000

Email:


Organization details

EIN: 362182171

CEO/President: Dr. Philip Graham Ryken

Chairman: James Goetz

Board size: 18

Founder: Jonathan Blanchard

Year founded: 1976

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: Yes

Member of ECFA since: 1980


Purpose

Established in 1860 in Wheaton, Illinois, Wheaton is guided by its original mission to provide excellence in Christian higher education.


Mission statement

Wheaton College serves Jesus Christ and advances His Kingdom through excellence in liberal arts and graduate programs that educate the whole person to build the church and benefit society worldwide. This mission expresses our commitment to do all things - "For Christ and His Kingdom."


Statement of faith

WE BELIEVE in one sovereign God, eternally existing in three persons: the everlasting Father, His only begotten Son, Jesus Christ our Lord, and the Holy Spirit, the giver of life; and we believe that God created the Heavens and the earth out of nothing by His spoken word, and for His own glory. WE BELIEVE that God has revealed Himself and His truth in the created order, in the Scriptures, and supremely in Jesus Christ; and that the Scriptures of the Old and New Testaments are verbally inspired by God and inerrant in the original writing, so that they are fully trustworthy and of supreme and final authority in all they say. WE BELIEVE that Jesus Christ was conceived by the Holy Spirit, born of the Virgin Mary, was true God and true man, existing in one person and without sin; and we believe in the resurrection of the crucified body of our Lord, in His ascension into heaven, and in His present life there for us as Lord of all, High Priest, and Advocate. WE BELIEVE that God directly created Adam and Eve, the historical parents of the entire human race; and that they were created in His own image, distinct from all other living creatures, and in a state of original righteousness. WE BELIEVE that our first parents sinned by rebelling against God's revealed will and thereby incurred both physical and spiritual death, and that as a result all human beings are born with a sinful nature that leads them to sin in thought, word, and deed. WE BELIEVE in the existence of Satan, sin, and evil powers, and that all these have been defeated by God in the cross of Christ. WE BELIEVE that the Lord Jesus Christ died for our sins, according to the Scriptures, as a representative and substitutionary sacrifice, triumphing over all evil; and that all who believe in Him are justified by His shed blood and forgiven of all their sins. WE BELIEVE that all who receive the Lord Jesus Christ by faith are born again of the Holy Spirit and thereby become children of God and are enabled to offer spiritual worship acceptable to God. WE BELIEVE that the Holy Spirit indwells and gives life to believers, enables them to understand the Scriptures, empowers them for godly living, and equips them for service and witness. WE BELIEVE that the one, holy, universal Church is the body of Christ and is composed of the communities of Christ's people. The task of Christ's people in this world is to be God's redeemed community, embodying His love by worshipping God with confession, prayer, and praise; by proclaiming the gospel of God's redemptive love through our Lord Jesus Christ to the ends of the earth by word and deed; by caring for all of God's creation and actively seeking the good of everyone, especially the poor and needy. WE BELIEVE in the blessed hope that Jesus Christ will soon return to this earth, personally, visibly, and unexpectedly, in power and great glory, to gather His elect, to raise the dead, to judge the nations, and to bring His Kingdom to fulfillment. WE BELIEVE in the bodily resurrection of the just and unjust, the everlasting punishment of the lost, and the everlasting blessedness of the saved.

Transparency grade

This ministry has not been assigned a transparency grade.

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Colleges/Universities

CategoryRatingOverall rankSector rank
Overall efficiency rating329 of 53511 of 20
Fund acquisition rating302 of 53517 of 20
Resource allocation rating232 of 53511 of 20
Asset utilization rating402 of 5354 of 20

Financial ratios

Funding ratiosMedian % for
all ministries in
MW database
20172016201520142013
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
8%17%13%14%13%13%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%3%2%2%2%3%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
95%16%17%16%18%19%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%3%3%3%3%3%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
5%84%83%84%82%81%
 
Operating ratiosMedian % for
all ministries in
MW database
20172016201520142013
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%84%85%84%85%84%
Spending ratio Spending ratio =
Total expenses /
Total revenue
98%88%87%79%73%82%
Program output ratio Program output ratio =
Program services /
Total revenue
80%74%74%67%62%69%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
2%12%13%21%27%18%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%3%4%6%8%5%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%13%13%13%12%13%
 
Investing ratiosMedian measure
for all ministries
in MW database
20172016201520142013
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.170.180.190.180.170.19
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.571.471.501.331.351.42
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.230.260.280.240.230.27
 
Liquidity ratiosMedian measure
for all ministries
in MW database
20172016201520142013
Current ratio Current ratio =
Total current assets /
Total current liabilities
9.3229.3533.8247.9966.6557.14
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.100.030.030.020.020.02
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.6144.1741.2749.8550.8544.12
 
Solvency ratiosMedian % for
all ministries in
MW database
20172016201520142013
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%20%21%21%21%23%
Debt ratio Debt ratio =
Debt /
Total assets
0%5%5%5%5%6%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
71%445%419%447%456%407%

Financials

Balance sheet
 
Assets20172016201520142013
Cash$37,102,652$32,081,151$32,281,417$31,793,756$23,980,860
Receivables, inventories, prepaids$7,364,400$10,341,213$9,351,304$5,569,018$5,408,058
Short-term investments$538,907,458$479,396,082$562,962,122$552,433,401$481,290,577
Other current assets$0$0$0$0$0
Total current assets$583,374,510$521,818,446$604,594,843$589,796,175$510,679,495
Long-term investments$53,579,741$56,957,842$2,872,144$2,978,127$3,256,732
Fixed assets$203,980,027$190,515,222$185,944,333$186,937,664$190,279,767
Other long-term assets$13,836,187$13,977,806$10,311,570$14,634,350$18,439,974
Total long-term assets$271,395,955$261,450,870$199,128,047$204,550,141$211,976,473
Total assets$854,770,465$783,269,316$803,722,890$794,346,316$722,655,968
 
Liabilities20172016201520142013
Payables and accrued expenses$15,824,294$11,289,851$8,251,133$8,848,861$8,937,153
Other current liabilities$4,053,314$4,140,720$4,346,742$0$0
Total current liabilities$19,877,608$15,430,571$12,597,875$8,848,861$8,937,153
Debt$41,862,285$42,000,000$42,000,000$42,000,000$42,000,000
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$111,655,299$108,573,860$112,447,947$118,517,305$116,944,232
Total long-term liabilities$153,517,584$150,573,860$154,447,947$160,517,305$158,944,232
Total liabilities$173,395,192$166,004,431$167,045,822$169,366,166$167,881,385
 
Net assets20172016201520142013
Unrestricted$274,561,089$258,307,221$266,637,989$269,946,096$253,464,179
Temporarily restricted$240,292,896$199,197,398$214,916,627$204,380,217$160,069,699
Permanently restricted$166,521,288$159,760,266$155,122,452$150,653,837$141,240,705
Net assets$681,375,273$617,264,885$636,677,068$624,980,150$554,774,583
 
Revenues and expenses
 
Revenue20172016201520142013
Total contributions$27,339,674$29,042,040$28,161,935$33,244,866$31,380,077
Program service revenue$118,638,132$115,131,125$112,805,859$109,946,766$110,013,113
Membership dues$0$0$0$0$0
Investment income$25,824,092$23,358,253$37,031,303$42,799,092$24,357,509
Other revenue$1,557,556$1,610,804$1,538,727$1,268,232$1,115,306
Total other revenue$146,019,780$140,100,182$151,375,889$154,014,090$135,485,928
Total revenue$173,359,454$169,142,222$179,537,824$187,258,956$166,866,005
 
Expenses20172016201520142013
Program services$127,984,735$124,839,192$119,440,807$116,111,154$115,072,711
Management and general$20,375,375$18,484,969$19,188,520$16,753,444$17,222,686
Fundraising$4,738,628$3,902,147$3,869,848$4,235,755$4,179,869
Total expenses$153,098,738$147,226,308$142,499,175$137,100,353$136,475,266
 
Change in net assets20172016201520142013
Surplus (deficit)$20,260,716$21,915,914$37,038,649$50,158,603$30,390,739
Other changes in net assets$0$0$0$0$0
Total change in net assets$20,260,716$21,915,914$37,038,649$50,158,603$30,390,739

Response from ministry

No response has been provided by this ministry.


History

From the Abolitionist movement to the revivals of Billy Graham, Wheaton has experienced more than 150 years of dynamic engagement in academics and culture. Wheaton's history is marked by stories of great faith and learning, and of the students who took their Wheaton education to influence the world For Christ and His Kingdom.


Program accomplishments


Needs