In an era when some women’s colleges have struggled financially, Smith College, the highly rated liberal arts institution for women in Northampton, Massachusetts, has issued its annual financial report that shows the college in good fiscal condition.
The Smith College endowment now stands at $1.7 billion, an increase of 13.3 percent over the past year. Overall assets including funds and properties are valued at $2.3 billion, up from $1.4 billion a decade ago.
Smith College reports that is total revenue from tuition, fees, and other sources was $226 million in the 2014 fiscal year. Total expenses amounted to $213 million, producing an operating surplus of $13 million.