Hope College
Hope College reported $202.1 million in revenue and $212.0 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $88.03 went to program services, $10.02 to management and general costs and $1.95 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 82.5% of the total. The highest compensation it reported for one person was $422,568 (PRESIDENT). 119 people received more than $100,000 in reportable compensation. Revenue rose 25% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $212MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $202MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 88.0% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 10.0% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 2.0% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.16 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 12.6% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 2.8% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 82.5% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $422,568 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.20% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 119 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 30.1 | 13.3 |
| Independent voting board members Part VI 1a–1b | 21 of 24 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseThe organization provided comprehensive literacy & science courses of study to approximately 3,236 full time equivalent students in the fall of 2024 and 3,029 in the spring of 2025. The organization was also involved in administrative, auxiliary operations & student services to support the campus
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT Director/trustee, officer, 50.00 hrs/week | $329,603 | $0 | $92,965 | $422,568 |
| PROVOST Officer, 50.00 hrs/week | $221,175 | $0 | $93,716 | $314,891 |
| VP FOR FINANCE/CFO Officer, 50.00 hrs/week | $232,690 | $0 | $45,171 | $277,861 |
| CHIEF PHILANTHROPY OFFICER - FORMER Former, 40.00 hrs/week | $189,744 | $0 | $66,049 | $255,793 |
| VP FOR STUDENT FORMATION Key employee, 45.00 hrs/week | $198,565 | $0 | $42,680 | $241,245 |
| FACULTY Highest compensated employee, 40.00 hrs/week | $171,853 | $0 | $59,074 | $230,927 |
| FACULTY Highest compensated employee, 40.00 hrs/week | $170,170 | $0 | $56,673 | $226,843 |
| VP OF ADMISSIONS Key employee, 40.00 hrs/week | $172,790 | $0 | $44,403 | $217,193 |
119 people received more than $100,000 in reportable compensation from Hope College (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.3M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b24 · 21 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aNo
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 53,197
- Volunteers Part I, line 621
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| CREATIVE DINING SERVICE Food service management | $11,514,694 |
| LAKEWOOD CONSTRUCTION COMPANY Construction services | $1,754,476 |
| AMDG ARCHITECTS INC Architectural services | $1,602,238 |
| CAMBRIDGE ASSOCIATES Investment consultant | $604,806 |
| DHE PLUMBING AND MECHANICAL Maintenance services | $344,482 |
Individuals listed as contractors are left out. 25 contractors were paid more than $100,000 in all.
Private foundation grants it received
50 private foundations reported grants to Hope College totaling $1.5M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Hope College's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Hope College, you can publish a response that is linked from this page.
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Of every $100 Hope College spent in FY2025, $88.03 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Point Loma Nazarene UniversitySan Diego, CA · revenue $200M · programs 77.2% · FY2025
- Berry CollegeMount Berry, GA · revenue $202M · programs 84.7% · FY2025
- University of RedlandsRedlands, CA · revenue $200M · programs 80.7% · FY2025
- KIPP NYC Public Charter SchoolsNew York, NY · revenue $202M · programs 87.6% · FY2025
- Georgia Tech Athletic AssociationAtlanta, GA · revenue $200M · programs 88.0% · FY2025
Questions people ask
How much of Hope College's spending goes to programs?
In the fiscal year ending June 30, 2025, Hope College reported that 88.0% of its $212.0 million in expenses went to program services, 10.0% to management and general and 2.0% to fundraising (Form 990, Part IX).
How much does Hope College pay its top executive?
The largest total compensation Hope College reported for one person in the fiscal year ending June 30, 2025 was $422,568, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Hope College get its money?
Of $202.1 million in revenue in the fiscal year ending June 30, 2025, 12.6% came from contributions and grants (including 2.8% from government grants) and 82.5% from program service revenue (Form 990, Part VIII).
Is Hope College a registered charity?
The IRS lists EIN 38-1381271 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202621359349303432 · read the filing
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202541349349312454 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202421299349303242 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202321309349304307 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202201309349300410 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202121259349300537 · read the filing
All filings for EIN 38-1381271: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.