Hampden-Sydney College

Analysis

Hampden-Sydney College is a registered charity in United States, based in Hmpden Sydney, VA. It received its IRS tax-exemption ruling in March 1957, 69 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, Hampden-Sydney College reported income of $141.2m and spending of $88.1m, leaving 38% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $78.8m to $141.2m (+79%), an average of +16% a year. The sharpest change came in the year to June 2023, when income rose by 75%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hampden-Sydney College sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 100th percentile within VA. Charities of a similar size with the same main cause include Seattle Pacific University ($140.8m), Whitworth University ($141.4m) and Wisconsin Alumni Research Foundation ($140.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 59% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $1.3m (1.5% of expenses). Other salaries and wages came to $21.5m. At year end it held assets of $491.8m against liabilities of $90.8m, net assets of $401.0m. It reported 796 employees.