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Nonprofit · EIN 36-2182171

WHEATON COLLEGE

Tax-exempt · WHEATON, IL 60187

Financials

$206.5M$185M2023$249.2M$197.8M2024
Revenue Expenses · by fiscal year end
Financials of WHEATON COLLEGE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$249,246,344$197,785,333$51,461,011$1,183,288,122$179,827,524$1,003,460,598
June 30, 2024990$206,496,165$184,983,837$21,512,328$1,104,861,704$180,633,832$924,227,872
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$49,459,723
of which government grants
$4,926,759
Program service revenue
$141,989,817
Investment income
$56,868,909
Royalties
$8,164
Net rental income
$37,768
Net gain from sales of assets
$38,982,526
Other revenue
$927,895

Expenses

Grants and similar amounts paid
$54,264,681
Compensation of officers, directors and key employees
$2,503,684
Other salaries and wages
$60,305,053
Salaries, compensation and benefits (total)
$81,927,737
Professional fundraising fees
$0
Legal fees
$265,658
Accounting fees
$234,287
Occupancy
$6,776,745
Travel
$3,804,211
Depreciation
$16,084,559
Program services (functional)
$152,275,920
Management and general (functional)
$38,183,165
Fundraising (functional)
$7,326,248

Balance sheet and other

Total assets, start of year
$1,104,861,704
Total assets, end of year
$1,183,288,122
Total liabilities, end of year
$179,827,524
Net assets, end of year
$1,003,460,598
Land, buildings and equipment
$254,108,331
Publicly traded securities
$707,275,018
Net assets without donor restrictions
$369,532,947
Net assets with donor restrictions
$633,927,651
Gross unrelated business income
$52,152
Gross receipts
$382,396,405
Employees
2,802
Volunteers
76
Year formed
1860
State of legal domicile
IL

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
Philip G RykenPresident/Trustee
Trustee or director, Officer
40$407,626$188,072
J Chadwick RynbrandtVP for Finance & Operations, Treasurer
Officer
40$264,476$57,827
Kirk D FarneyVP for Advancement & Alumni Relations
Officer
40$252,997$37,619
Karen LeeProvost
Officer
40$238,294$37,370
Paul ChelsenVP for Student Development
Officer
40$183,657$72,396
Kenneth LarsonInvestment Manager
Key employee
40$199,390$40,965
Edward DavisProfessor of Psychology
Highest-paid employee
40$195,073$37,961
Silvio VazquezChief Enrollment Management Officer
Officer
40$189,316$42,077
Alan WolffChief Information Officer
Key employee
40$202,808$21,141
Mark YarhouseProfessor
Highest-paid employee
40$179,972$39,290
Randy NorbeckDirector of Construction Services
Highest-paid employee
40$163,567$51,343
Jay BieszkeDirector of Facilities
Key employee
40$173,856$39,745
Jamie AtenProfessor/Exec Director of HDI
Highest-paid employee
40$165,860$44,437
Charles GarciaController (through Nov 2024)
Highest-paid employee
40$160,135$28,802
Vanessa Wynder QuainooChief Intercultural Engagement Officer
Officer
40$138,377$47,681
19 more people on this return
NameTitleHours / weekCompensation
Dale C WongChair/Trustee
Trustee or director, Officer
2$0
Jeffrey S MeyerVice Chair (through May 2025)/Trustee
Trustee or director, Officer
2$0
Kathryn H VaselkivSecretary (through May 2025)/Vice Chair (as of May 2025)/Trustee
Trustee or director, Officer
2$0
Kurt A KeilhackerSecretary (as of May 2025)/Trustee
Trustee or director, Officer
2$0
Andrea D ScottTrustee
Trustee or director
2$0
Carlene EllermanTrustee
Trustee or director
2$0
Charles Pollard IIITrustee
Trustee or director
2$0
David K GieserTrustee (through May 2025)
Trustee or director
2$0
Dr Darrell L BockTrustee
Trustee or director
2$0
Gregory L JaoTrustee
Trustee or director
2$0
Gregory L WaybrightTrustee
Trustee or director
2$0
James A GoetzTrustee
Trustee or director
2$0
John ChungTrustee
Trustee or director
2$0
John H AugustineTrustee
Trustee or director
2$0
Lisa K BeamerTrustee
Trustee or director
2$0
Mary J SchallerTrustee
Trustee or director
2$0
Rev Irwyn L InceTrustee
Trustee or director
2$0
Rev Ricky JenkinsTrustee
Trustee or director
2$0
Steven C PrestonTrustee
Trustee or director
2$0
990 for the year ended June 30, 2024: 35 people
NameTitleHours / weekCompensationOther / benefits
Philip G RykenPresident/Trustee
Trustee or director, Officer
40$389,576$208,511
J Chadwick RynbrandtVP for Finance & Operations, Treasurer
Officer
40$282,882$60,292
Kirk D FarneyVP for Advancement & Alumni Relations
Officer
40$242,743$48,160
Karen LeeProvost
Officer
40$229,159$48,098
Paul ChelsenVice President - Student Development
Officer
40$176,517$79,213
Kenneth LarsonInvestment Manager
Key employee
40$185,740$51,713
Silvio VazquezChief Enrollment Management Officer
Officer
40$181,069$50,438
Anthony DreaChief Development Officer
Highest-paid employee
40$168,573$58,797
Alan WolffChief Information Officer
Key employee
40$195,637$20,296
Mark YarhouseProfessor
Highest-paid employee
40$176,757$38,886
Jay BieszkeDirector of Facilities
Key employee
40$167,948$37,536
Jamie AtenProfessor/Exec Director of HDI
Highest-paid employee
40$159,319$43,544
Edward DavisProfessor of Psychology
Highest-paid employee
40$159,131$37,620
Michael WilderDean of Music & Communications
Highest-paid employee
40$154,086$33,715
Vanessa Wynder QuainooChief Intercultural Engagement Officer
Officer
40$135,555$45,331
Andrea D ScottVICE CHAIR (through May 2024)/Trustee
Trustee or director, Officer
2$0$0
Dale C WongChair (From May 2024)/Trustee
Trustee or director, Officer
2$0$0
James A GoetzChair (through May 2024)/Trustee
Trustee or director, Officer
2$0$0
Jeffrey S MeyerVice Chair (From May 2024)/Secretary (Through May 2024)/Trustee
Trustee or director, Officer
2$0$0
Kathryn H VaselkivSecretary (From May 2024)/Trustee
Trustee or director, Officer
2$0$0
Barbara W AndersonTrustee (through May 2024)
Trustee or director
2$0$0
Carlene EllermanTrustee (from May 2024)
Trustee or director
2$0$0
Charles Pollard IIITrustee
Trustee or director
2$0$0
David K GieserTrustee
Trustee or director
2$0$0
Dr Darrell L BockTrustee
Trustee or director
2$0$0
Gregory L JaoTrustee
Trustee or director
2$0$0
Gregory L WaybrightTrustee
Trustee or director
2$0$0
John ChungTrustee (from May 2024)
Trustee or director
2$0$0
John H AugustineTrustee
Trustee or director
2$0$0
Kurt A KeilhackerTrustee
Trustee or director
2$0$0
Lisa K BeamerTrustee
Trustee or director
2$0$0
Mary J SchallerTrustee
Trustee or director
2$0$0
Rev Irwyn L InceTrustee
Trustee or director
2$0$0
Rev Ricky JenkinsTrustee (from May 2024)
Trustee or director
2$0$0
Steven C PrestonTrustee
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
501 COLLEGE AVENUE, WHEATON, IL 60187-9936
Principal officer (990 for 2024)
Dr Philip G Ryken President, 501 College Avenue, Wheaton, IL 60187
Signed the 990
J Chadwick Rynbrandt, VP for Finance & Operations
Phone
(630) 752-5085
Return prepared by
CROWE LLP

Mission

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.

990 for the year ended June 30, 2025

Program accomplishments

  • EDUCATION AND INSTRUCTION - THE COLLEGE OFFERS UNDERGRADUATE DEGREES IN 50 AREAS OF MAJOR STUDY INCLUDING 7 IN THE CONSERVATORY; 16 MASTER OF ARTS DEGREES, 4 POST-BACCALAUREATE CERTIFICATES, AND 3 DOCTORAL DEGREES. THERE ARE APPROXIMATELY 2900 STUDENTS ENROLLED AT THE COLLEGE.
    Expenses $105,271,338 · grants $53,376,564 · revenue $108,560,345
  • STUDENT SERVICES - PROGRAMS ARE PROVIDED FOR THE ENRICHMENT OF THE STUDENTS TO ALLOW THEM TO EXPERIENCE LIFE AS A CHRISTIAN COMMUNITY. WHEATON COLLEGE ATHLETICS SPONSORS 21 SPORTS FOR MALE AND FEMALE STUDENT ATHLETES.
    Expenses $28,898,624 · revenue $300,921
  • AUXILIARY ENTERPRISES - THE COLLEGE PROVIDES ROOM AND BOARD FOR ITS STUDENTS.
    Expenses $13,695,116 · revenue $24,342,981
  • ARTIST SERIES, THE COMMUNITY SCHOOL OF THE ARTS AND SUMMER SPORTS CAMPS. MINOR PROGRAMS, APPLICATION FEES, TUITION INSTALLMENT PLAN FEES, PARKING FINES, PARKING PERMITS AND LIBRARY FINES. THE COLLEGE SOLICITS A VARIETY OF CONTRIBUTIONS FOR ITS PROGRAMS INCLUDING DONOR-ADVISED FUNDS. DONOR-ADVISED FUND CONTRIBUTIONS RECEIVED ARE ACCOUNTED FOR AS OTHER INVESTMENTS. DONOR-ADVISED FUNDS ALLOW FOR THE DONOR TO RECOMMEND DISTRIBUTIONS TO COLLEGE PROGRAMS OR OTHER CHARITABLE ORGANIZATIONS. ALTHOUGH THE COLLEGE GENERALLY COMPLIES WITH THE DONOR'S RECOMMENDATION, THEY ARE SUBJECT TO APPROVAL BY THE COLLEGE'S CHARITY SELECTION COMMITTEE. THE COLLEGE'S POLICY IS TO DISTRIBUTE A MAXIMUM OF 75% - 90% OF DONOR-ADVISED FUND CONTRIBUTIONS TO UNRELATED THIRD PARTIES.
    Expenses $4,410,842 · grants $888,117 · revenue $9,645,375

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
36-2182171
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Group exemption
Exempt since
1976
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B420)
Group exemption
2691 (1 member organizations)
Assets (IRS master file)
$1,183,288,122
Income (IRS master file)
$382,396,405

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$249,246,344$197,785,333$1,183,288,122IRS
990-TJune 2025–––IRS
990June 2024$206,496,165$184,983,837$1,104,861,704IRS
990-TJune 2024–––IRS
990June 2023$181,635,763$175,303,151$1,048,214,568IRS
990-TJune 2023–––IRS
990June 2022$231,489,050$169,298,848$1,009,461,058IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 36-2182171).

Questions about WHEATON COLLEGE

What is the EIN of WHEATON COLLEGE?
The employer identification number (EIN) of WHEATON COLLEGE is 36-2182171.
Is WHEATON COLLEGE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1976.
Are donations to WHEATON COLLEGE tax-deductible?
Yes. It is listed in IRS Publication 78 (Group exemption).
Which annual return does WHEATON COLLEGE file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of WHEATON COLLEGE due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did WHEATON COLLEGE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of WHEATON COLLEGE?
The 990 for the year ended June 30, 2025 names Dr Philip G Ryken President.
Who are the officers and directors of WHEATON COLLEGE?
The 990 for the year ended June 30, 2025 lists 34 people; 15 received compensation from the organization, the highest $407,626 (Philip G Ryken, President/Trustee).
How much revenue does WHEATON COLLEGE have?
On its 990 for the year ended June 30, 2025 it reported revenue of $249,246,344, expenses of $197,785,333 and total assets of $1,183,288,122 at year end.

Organizations in its group exemption (1)

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