Wheaton College

The information on this page was last updated 4/20/2023. If you see errors or omissions, please email: [email protected]


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: [email protected]

Organization details

EIN: 362182171

CEO/President: Dr. Philip Ryken

Chairman: James Goetz

Board size: 18

Founder: Jonathan Blanchard

Ruling year: 1976

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: No

Member of ECFA since:


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.

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Financial efficiency ratings

Sector: Colleges/Universities

CategoryRatingOverall rankSector rank
Overall efficiency rating671 of 107492 of 130
Fund acquisition rating683 of 107588 of 130
Resource allocation rating437 of 107552 of 130
Asset utilization rating735 of 107495 of 130

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Balance sheet
Receivables, inventories, prepaids$9,897,737$11,113,970$12,900,643$11,016,828$10,341,213
Short-term investments$598,498,652$587,391,641$575,191,362$538,907,458$479,396,082
Other current assets$0$0$0$0$0
Total current assets$636,730,594$647,814,625$624,292,088$583,374,510$521,818,446
Long-term investments$47,857,458$54,977,084$54,780,694$53,579,741$56,957,842
Fixed assets$235,825,244$212,479,103$210,556,504$203,980,027$190,515,222
Other long-term assets$12,788,764$15,575,684$13,783,155$13,836,187$13,977,806
Total long-term assets$296,471,466$283,031,871$279,120,353$271,395,955$261,450,870
Total assets$933,202,060$930,846,496$903,412,441$854,770,465$783,269,316
Payables and accrued expenses$14,840,306$12,213,810$12,604,860$15,824,294$11,289,851
Other current liabilities$2,764,545$5,053,425$4,564,045$4,053,314$4,140,720
Total current liabilities$17,604,851$17,267,235$17,168,905$19,877,608$15,430,571
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$112,151,135$105,527,302$111,375,782$111,655,299$108,573,860
Total long-term liabilities$154,151,135$147,499,759$153,293,153$153,517,584$150,573,860
Total liabilities$171,755,986$164,766,994$170,462,058$173,395,192$166,004,431
Net assets20202019201820172016
Without donor restrictions$312,327,102$312,596,670$309,009,923$274,561,089$258,307,221
With donor restrictions$449,118,972$453,482,832$423,940,460$406,814,184$358,957,664
Net assets$761,446,074$766,079,502$732,950,383$681,375,273$617,264,885
Revenues and expenses
Total contributions$26,098,804$41,339,476$35,492,859$27,339,674$29,042,040
Program service revenue$122,486,167$123,373,317$119,979,390$118,638,132$115,131,125
Membership dues$0$0$0$0$0
Investment income$27,474,285$47,046,603$33,144,943$25,824,092$23,358,253
Other revenue$794,416$1,134,946$1,480,558$1,557,556$1,610,804
Total other revenue$150,754,868$171,554,866$154,604,891$146,019,780$140,100,182
Total revenue$176,853,672$212,894,342$190,097,750$173,359,454$169,142,222
Program services$139,243,021$136,964,933$130,565,356$127,984,735$124,839,192
Management and general$18,814,910$19,358,870$20,270,728$20,375,375$18,484,969
Total expenses$162,031,167$160,312,654$155,118,932$153,098,738$147,226,308
Change in net assets20202019201820172016
Surplus (deficit)$14,822,505$52,581,688$34,978,818$20,260,716$21,915,914
Other changes in net assets$0$0$0$0$0
Total change in net assets$14,822,505$52,581,688$34,978,818$20,260,716$21,915,914


Philip G RykenPresident/Trustee$551,292
Stanton JonesFormer Provost; Former Professor$501,897
Dale A KempFormer VP for Finance, Operations and Treasurer$424,712
Margaret DiddamsProvost Until June 2020$302,837
Kirk D FarneyVP for Advancement & Alumni Relations$289,616
Kenneth LarsonInvestment Manager$279,652
Paul ChelsenVice President - Student Development$260,506
Edward StetzerDean & Exec Dir WCBGC$256,431
J THomas McCullyAssociate Investment Manager/ Senior Trust Officer$223,988
Silvio VazquezChief Enrollment Management Officer$215,147
Wendy WoodwardCICSO$204,157
Scott OkessonDirector of Facilities$197,867
Jamie AtenProfessor/Exec Director of HDI$177,201
David IglesiasDirector of the Center for Faith, Politics, and Economics$174,979
Sheila CaldwellChief Intercultural Engagement Officer$162,843
J Chadwick RynbrandtVP for Finance , Operations & Treasurer$133,148

Compensation data as of: 6/30/2020

Response from ministry

No response has been provided by this ministry.

The information below was provided to MinistryWatch by the ministry itself. It was last updated 4/20/2023. To update the information below, please email: [email protected]


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

90+ Countries represented in the student body

43 Undergraduate majors, including six in the conservatory of music

18 Graduate and PH.D. Programs

11:1 Student - to-Faculty Ratio