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Wentworth Institute of Technology

Public charityFed auditsIRS 990990-T FY2023
Other · BOSTON, MA · EIN 04-1958460

About

Wentworth institute of technology is a nationally recognized private coeducational and residential university of higher education with a mission to empower, inspire and innovate through experiential learning with a CORE purpose of career success.

Donations are tax-deductible
Category
Other
Employees
2,312
Volunteers
150

Financial Snapshot

FY ending 2023-06-30
Revenue
$193.5M
Expenses
$197.5M
Assets
$494.0M
Liabilities
$221.9M

Financial history

$204.1M$102.1M$0
1617181920212223
RevenueExpenses
Latest FY2023: $193.5M · Peak FY2018: $204.1M · Avg: $187.1M

Foreign activity (Schedule F)

Total spent abroad$23.6M
Foreign employees0
Foreign offices1
Foreign partnership interestYes
Foreign trust interestNo
RegionActivitySpent
EUROPE (INCLUDING ICELAND & GREENLAND)——
SUB-SAHARAN AFRICA——
EUROPE (INCLUDING ICELAND & GREENLAND)——
CENTRAL AMERICA AND THE CARIBBEAN——
EAST ASIA AND THE PACIFIC——
MIDDLE EAST AND NORTH AFRICA——

501(h) election

This 501(c)(3) elected the 501(h) safe-harbor — lobbying expenditures are capped under a clear dollar formula instead of the "insubstantial part" standard.

Political & Grant Activity

Campaign Spending
—
Lobbying
$0
Grants Given
$59.2M
WENTWORTH INSTITUTE OF TECHNOLOGY
Your actions

Address

550 Huntington AVE
Boston, MA, 02115-590

Governance

Voting board members24
Independent members23
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsYes
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %62.6%
Permanent endowment %27.6%
Endowment held by related orgNo
Public records
ProPublica Nonprofit Explorer ↗
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search ↗
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.