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Hargrave Military Academy

Chatham, VA · EIN 54-0584800 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending May 31, 2026 (tax year 2025) · View the filing · Correct or respond

Hargrave Military Academy reported $12.7 million in revenue and $13.9 million in expenses for the fiscal year ending May 31, 2026. Of every $100 it spent, $73.57 went to program services, $24.19 to management and general costs and $2.24 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 51.9% of the total. The highest compensation it reported for one person was $323,521 (PAST PRESIDE). 1 person received more than $100,000 in reportable compensation. Revenue fell 12% between FY2020 and FY2026. Source: Form 990, FY2026.

Where $100 of spending went

The fiscal year ending May 31, 2026 · Form 990, Part IX, line 25 · total expenses $14M

Program services$73.57 $10M
Management & general$24.19 $3.4M
Fundraising$2.24 $311K

For 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 May 31, 2026 · Form 990, Part VIII · total revenue $13M

Contributions & grants (non-government)$38.05 $4.9M
Program service revenue$51.88 $6.6M
Investment income$9.75 $1.2M
Other revenue$0.32 $41,261

The 990 scorecard · same measures for every charity, no grades

FY2026 filing. Median across 5,499 covered charities in this category, from their latest filings.
Measure	FY2026	Median
Program services Part IX 25(B) ÷ 25(A)	73.6%	84.4%
Management & general Part IX 25(C) ÷ 25(A)	24.2%	13.4%
Fundraising Part IX 25(D) ÷ 25(A)	2.2%	0.8%
Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h	$0.06	$0.04
Contributions & grants share of revenue Part VIII 1h ÷ 12	38.1%	19.1%
Government grants share of revenue Part VIII 1e ÷ 12	0.0%	1.1%
Program service revenue share Part VIII 2g ÷ 12	51.9%	69.9%
Highest reported compensation Part VII-A, columns D–F	$323,521	$331,578
Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A)	2.33%	1.28%
People paid over $100,000 Part VII, line 2	1	8
Net assets, in months of expenses Part X 33(B) ÷ monthly expenses	17.6	13.3
Independent voting board members Part VI 1a–1b	18 of 18	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

FY2026 · Form 990, Part III · the three largest programs by expense

$10M expenses · 100.0% of program spending · grants $2.2M · revenue $6.7M

Private academy providing education to students in a campus setting

Highest reported compensation

FY2026 · 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
PAST PRESIDE Officer, 25.00 hrs/week	$323,521	$0	$0	$323,521

1 people received more than $100,000 in reportable compensation from Hargrave Military Academy (Part VII, line 2). Compensation of current officers, directors and key employees totaled $324K (Part IX, line 5).

7 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked

RevenueExpenses

Filing	Revenue	Expenses	Programs	Net assets	Top pay
FY2026 ⓘ	$13M	$14M	73.6%	$20M	$323,521
FY2025 ⓘ	$14M	$13M	73.4%	$21M	$253,144
FY2024 ⓘ	$11M	$12M	73.1%	$21M	$244,211
FY2023 ⓘ	$8.5M	$11M	74.8%	$22M	$185,432
FY2022 ⓘ	$9.8M	$10M	77.3%	$25M	$83,277
FY2021 ⓘ	$8.3M	$8.9M	74.8%	$25M	$150,000
FY2020 ⓘ	$14M	$9.0M	76.2%	$26M	$150,000

Governance answers, as filed

FY2026 · 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–1b18 · 18 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 14bNo
Employees Part I, line 5159
Volunteers Part I, line 68

Private foundation grants it received

8 private foundations reported grants to Hargrave Military Academy totaling $961K 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 Hargrave Military Academy's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Hargrave Military Academy, you can publish a response that is linked from this page.

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Similar-sized charities in this cause

New Braunfels Christian Academy
New Braunfels, TX · revenue $13M · programs 86.3% · FY2025
Equipo Academy
Las Vegas, NV · revenue $13M · programs 72.5% · FY2025
Educators for Quality Alternatives
New Orleans, LA · revenue $13M · programs 92.0% · FY2025
Echoing Green
New York, NY · revenue $13M · programs 75.1% · FY2025
Founders Classical Academy of Las Vegas
Las Vegas, NV · revenue $13M · programs 55.9% · FY2024

All education charities · Largest charities in Virginia

Questions people ask

How much of Hargrave Military Academy's spending goes to programs?

In the fiscal year ending May 31, 2026, Hargrave Military Academy reported that 73.6% of its $13.9 million in expenses went to program services, 24.2% to management and general and 2.2% to fundraising (Form 990, Part IX).

How much does Hargrave Military Academy pay its top executive?

The largest total compensation Hargrave Military Academy reported for one person in the fiscal year ending May 31, 2026 was $323,521, for the role of PAST PRESIDE (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Hargrave Military Academy get its money?

Of $12.7 million in revenue in the fiscal year ending May 31, 2026, 38.1% came from contributions and grants and 51.9% from program service revenue (Form 990, Part VIII).

Is Hargrave Military Academy a registered charity?

The IRS lists EIN 54-0584800 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, 2025. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

FY2026: Form 990 for the fiscal year ending May 31, 2026, object 202612599349300406 · read the filing
FY2025: Form 990 for the fiscal year ending May 31, 2025, object 202532439349300203 · read the filing
FY2024: Form 990 for the fiscal year ending May 31, 2024, object 202442689349300219 · read the filing
FY2023: Form 990 for the fiscal year ending May 31, 2023, object 202322549349300907 · read the filing
FY2022: Form 990 for the fiscal year ending May 31, 2022, object 202243159349303324 · read the filing
FY2021: Form 990 for the fiscal year ending May 31, 2021, object 202122479349300402 · read the filing
FY2020: Form 990 for the fiscal year ending May 31, 2020, object 202002489349300720 · read the filing

All filings for EIN 54-0584800: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.