Hendrix College
Hendrix College reported $88.0 million in revenue and $77.2 million in expenses for the fiscal year ending May 31, 2025. Of every $100 it spent, $73.73 went to program services, $24.95 to management and general costs and $1.32 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 65.9% of the total. The highest compensation it reported for one person was $377,603 (President). 19 people received more than $100,000 in reportable compensation. Revenue rose 11% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending May 31, 2025 · Form 990, Part IX, line 25 · total expenses $77MFor 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, 2025 · Form 990, Part VIII · total revenue $88MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 73.7% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 24.9% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 1.3% | 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 | 19.9% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 1.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 65.9% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $377,603 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.49% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 19 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 34.6 | 13.3 |
| Independent voting board members Part VI 1a–1b | 32 of 33 | 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 expenseHighest 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 Officer, 40 hrs/week | $377,603 | $0 | $0 | $377,603 |
| VP for Diversity and Inclusion Former, 40 hrs/week | $200,000 | $0 | $0 | $200,000 |
| Professor Highest compensated employee, 40 hrs/week | $175,420 | $0 | $0 | $175,420 |
| VP for Advancement Key employee, 40 hrs/week | $155,182 | $0 | $0 | $155,182 |
| VP for Finance and CFO Officer, 40 hrs/week | $128,983 | $0 | $0 | $128,983 |
| VP for Technology Services Highest compensated employee, 40 hrs/week | $127,734 | $0 | $0 | $127,734 |
| VP of Human Resources Highest compensated employee, 40 hrs/week | $127,380 | $0 | $0 | $127,380 |
| Director of Athletics Highest compensated employee, 40 hrs/week | $127,207 | $0 | $0 | $127,207 |
19 people received more than $100,000 in reportable compensation from Hendrix College (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.2M (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–1b33 · 32 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14No
- 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 4Yes
- 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 51,073
- Volunteers Part I, line 632
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| Conway Corporation Electrical Services | $1,929,113 |
| US Foodservice Food Supplier | $967,309 |
| USABLE Mutual Insurance Health and Dental Premiums | $907,949 |
| First Horizon Bank Financial Services | $543,297 |
| Frist American Equipment Equipment Leasing | $435,964 |
Individuals listed as contractors are left out. 25 contractors were paid more than $100,000 in all.
Private foundation grants it received
16 private foundations reported grants to Hendrix College totaling $566K 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 Hendrix 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 Hendrix College, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Hendrix College spent in FY2025, $73.73 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Cornell CollegeMount Vernon, IA · revenue $88M · programs 91.0% · FY2025
- Poly Prep Country Day SchoolBrooklyn, NY · revenue $88M · programs 81.1% · FY2025
- Nueva SchoolHillsborough, CA · revenue $88M · programs 79.1% · FY2025
- Zeta Charter Schools - New York CityNew York, NY · revenue $88M · programs 93.2% · FY2025
- Coe CollegeCedar Rapids, IA · revenue $88M · programs 92.0% · FY2025
Questions people ask
How much of Hendrix College's spending goes to programs?
In the fiscal year ending May 31, 2025, Hendrix College reported that 73.7% of its $77.2 million in expenses went to program services, 24.9% to management and general and 1.3% to fundraising (Form 990, Part IX).
How much does Hendrix College pay its top executive?
The largest total compensation Hendrix College reported for one person in the fiscal year ending May 31, 2025 was $377,603, for the role of President (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Hendrix College get its money?
Of $88.0 million in revenue in the fiscal year ending May 31, 2025, 19.9% came from contributions and grants (including 1.0% from government grants) and 65.9% from program service revenue (Form 990, Part VIII).
Is Hendrix College a registered charity?
The IRS lists EIN 71-0236897 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 May 31, 2025, object 202631039349302003 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending May 31, 2024, object 202521059349301312 · read the filing
- FY2023: Form 990 for the fiscal year ending May 31, 2023, object 202411069349300121 · read the filing
- FY2022: Form 990 for the fiscal year ending May 31, 2022, object 202321049349300647 · read the filing
- FY2021: Form 990 for the fiscal year ending May 31, 2021, object 202221059349300837 · read the filing
- FY2020: Form 990 for the fiscal year ending May 31, 2020, object 202111059349301836 · read the filing
All filings for EIN 71-0236897: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.