Hampton University

Analysis

Hampton University is a registered charity in United States, based in Hampton, VA. It received its IRS tax-exemption ruling in June 1994, 32 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3).

In the financial year ending June 2023, Hampton University reported income of $70k and spending of $69k, spending 99% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $53k to $70k (+33%), an average of +33% a year. The sharpest change came in the year to June 2023, when income rose by 33%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hampton University sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 27th percentile within VA. Charities of a similar size with the same main cause include Council for Standards in Human Service Education ($70k), Senior Citizens of Meeteetse ($70k) and A Kula International ($70k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $34k against liabilities of $0, net assets of $34k.