B — EducationEIN: 042103731

Merrimack College

North Andover, Massachusetts

B+Health Score
69B+

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 492 peers in Education with $100M-$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.68×
Peer Median1.96×
💰
$291.2M
Total Revenue
📊
$278.5M
Total Expenses
🏦
$188.1M
Net Assets
📋
$192.0M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+5.3%
Year-over-year change (2022 → 2023)
Net Margin
+4.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.68
Net assets divided by total expenses
Liabilities-to-Assets
50.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$291,242,191↑5%$278,514,238↑6%$380,055,246↑13%
2022$276,620,541↑7%$262,422,038↑9%$336,077,023↑3%
2021$259,690,431↑11%$240,536,507↑8%$325,006,014↑17%
2020$233,932,785↑8%$222,531,333↑8%$276,990,380↑4%
2019$216,093,052↑12%$206,334,218↑12%$267,280,022↑2%
2018$193,635,633↑6%$184,520,061↑8%$261,030,125↑4%
2017$182,254,937↑6%$171,190,107↑12%$251,432,441↑26%
2016$171,201,736↑17%$152,829,705↑12%$199,865,836↓2%
2015$146,940,792↑16%$136,293,472↑13%$203,844,093↑21%
2014$127,124,755↑20%$121,115,888↑15%$168,103,963↑8%
2013$106,269,468↑9%$105,215,674↑8%$155,591,280↑28%
2012$97,635,901↑16%$97,875,010↑15%$121,723,369↓1%
2011$84,191,406$84,953,859$123,129,389

Frequently Asked Questions

What does Merrimack College do?▼

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

Is Merrimack College financially healthy?▼

Based on our 9-metric Financial Health Score model, Merrimack College has a score of 69/100 (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 Merrimack College generate?▼

Merrimack College reports $323.1M in annual revenue and holds $402.4M in total assets, based on IRS filings.

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