Olivet College

Education · Olivet, Michigan

320 S Main St, Olivet, MI 49076-9406

EIN: 381459365· Founded: Oct 1952· 74 years active· Filing Year: 2023

Annual Revenue

$38.8M

Total Expenses

$42.2M

Total Assets

$64.2M

Program Spending

78%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$1.5M

3.6% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$10.1M

Total Payroll

$11.6M

27% of total expenses

Where the Money Goes

78%

Programs: 78%

Payroll: 27%

Other overhead: 22%

Program Revenue$33.0M (85%)

Total Expenses$42.2M (100%)

Payroll$11.6M (27%)

Overhead (non-program)22%

Trust Score Breakdown

Program Spending Ratio

78% of expenses go to programs

40%

Revenue & Stability

$38.8M annual revenue

15%

Executive Compensation

$1.5M total officer comp (3.6% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$64.2M in assets

10%

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Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.