Hampshire College Trustees

Analysis

Hampshire College Trustees is a registered charity in United States, based in Amherst, MA. It received its IRS tax-exemption ruling in December 1965, 61 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Hampshire College Trustees reported income of $44.8m and spending of $59.1m, spending 132% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $90.4m to $44.8m (-50%), an average of -16% a year. The sharpest change came in the year to June 2020, when income dropped by 41%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hampshire College Trustees sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within MA. Charities of a similar size with the same main cause include Community Development Institute Head Start ($44.8m), Orange County School of the Arts ($44.9m) and The Posse Foundation Inc ($44.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 21% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $1.3m (2.3% of expenses). Other salaries and wages came to $17.8m. At year end it held assets of $86.3m against liabilities of $28.1m, net assets of $58.3m. It reported 797 employees.