Hampden-sydney College
82% goes to programs $7 to raise $100 Strong reserves
Hampden-sydney College is a 501(c)(3) organization based in Hmpden Sydney, Virginia, registered in 1957, with $106,340,222 in FY2023 revenue. CharityIndex grades it A, and it directs about 82% of spending to programs.
Po Box 127, Hmpden Sydney, VA, 23943 EIN 54-0505906 Since 1957
Revenue (FY2023)
$106.3M
▼ 24.7% vs prior year
Education median: $200K
Expenses (FY2023)
$95.8M
Net assets
$424.9M
Employees
789
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating82% to programs · $7 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Hampden-sydney College: 82% to programs · $7 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating53 mo reserves · +10% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Hampden-sydney College: 53 mo reserves · +10% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Hampden-sydney College: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Hampden-sydney College: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Since 1775, the mission of hampden-sydney college has been to form good men and good citizens in an atmosphere of sound learning.
Contact & location
- Address
- Po Box 127, Hmpden Sydney, VA, 23943
- City
- Hmpden Sydney
- State
- Virginia
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $69.7M (FY2013) to $106.3M (FY2023) across 10 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $110.6MNet assets $424.9M
Operating margin
9.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$535.5M
Total liabilities
$110.6M
Net assets
$424.9M
Salaries & benefits
$31.2M
33% of expenses
Board members
33
33 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $106,340,222▼24.7% | $95,825,525▲8.8% | $424,909,837▲6.0% | $535,506,890▲8.9% | 990 |
| 2022 | $141,187,466▲74.9% | $88,100,048▲9.0% | $400,999,313▲16.7% | $491,831,635▲9.6% | 990 |
| 2021 | $80,706,273▼21.4% | $80,819,006▲4.5% | $343,535,389▼5.8% | $448,932,160▲6.8% | 990 |
| 2020 | $102,708,880▼13.6% | $77,312,536▼2.6% | $364,812,955▲24.7% | $420,390,669▲26.3% | 990 |
| 2019 | $118,845,969▲50.8% | $79,336,993▼0.9% | $292,649,014▲4.2% | $332,900,116▲3.5% | 990 |
| 2018 | $78,799,155▲7.6% | $80,027,281▲9.0% | $280,841,247▲9.2% | $321,738,138▲13.1% | 990 |
| 2016 | $73,231,784▲4.0% | $73,418,631▼1.8% | $257,120,666▲6.3% | $284,546,968▲6.8% | 990 |
| 2015 | $70,447,567▼8.6% | $74,775,560▲4.0% | $241,868,897▼5.2% | $266,330,230▼5.4% | 990 |
| 2014 | $77,113,045▲10.6% | $71,904,805▲5.1% | $255,169,090▲4.2% | $281,461,248▲3.4% | 990 |
| 2013 | $69,735,490 | $68,436,660▲4.0% | $244,843,056▲9.2% | $272,326,809▲7.6% | 990 |
| 2012 | — | $65,818,493▲1.7% | $224,260,415▲6.7% | $253,180,912▲3.0% | 990 |
| 2011 | — | $64,732,542▲6.8% | $210,200,096▼1.5% | $245,903,914▼0.4% | 990 |
| 2010 | — | $60,627,711▲2.8% | $213,435,039▲9.6% | $246,942,768▲5.2% | 990 |
| 2009 | — | $58,984,885 | $194,754,036 | $234,740,540 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: John Larry Stimpert — $363,528 (0.38% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| John Larry Stimpert | President | 50 | $363,528 |
| Heather L Krajewski | Vice President For College Advancement | 50 | $300,108 |
| Jeffery Norris | Vice President For Enrollment | 50 | $214,205 |
| Walter C Mcdermott III | Dean of Faculty/professor | 50 | $195,024 |
| Paul K Copeland Jr | Vice President For Business Affairs | 50 | $184,902 |
| J Hugh Haskins | Asst. Vp For Development | 50 | $157,314 |
| Gregory Dempster | Elliott Professor of Econ & Business | 50 | $149,085 |
| Kenneth N Townsend | Townsend Professor of Econ & Business | 50 | $143,960 |
| Richard Pantele | Dean of Students | 50 | $132,764 |
| Chad Eisele | Director of Athletics | 50 | $127,219 |
| Justin P Isaacs | Professor of Economics & Business | 50 | $125,272 |
| Ann Louise Martin | Trustee | 3 | — |
| Bartow Morgan Jr | Trustee | 3 | — |
| David A Arias | Trustee | 3 | — |
| D Ricky Wyatt | Trustee | 3 | — |
| Eric E Apperson | Trustee | 3 | — |
| Eric J Lindberg Jr | Trustee | 3 | — |
| Erik K Morgan | Trustee | 3 | — |
| Eugene W Hickok | Trustee | 3 | — |
| George S Dewey IV | Trustee | 3 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| English Construction Co Inc | Construction | $16,131,570 |
| Jamerson Lewis Contruction Inc | Construction | $12,284,263 |
| Meriwether Godsey Inc | Food Service | $4,064,174 |
| Trane Us Inc | Hvac Contracting | $2,552,522 |
| Mesick Cohen Wilson Baker Architects | Architects | $1,640,587 |
Grants received · $45.9M total
116 grants to Hampden-sydney College totaling $45.9M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Foundation For the Carolinas | Charitable gift | 2024 | $850,089 |
| The Community Foundation Inc | University or private school | 2024 | $364,127 |
| Greater Washington Community Foundation | General support | 2024 | $302,500 |
| T Rowe Price Program For Charitable Giving Inc | Multiple | 2024 | $280,500 |
| Winston-salem Foundation | 5 grant(s) for varying purposes | 2024 | $157,000 |
| American Endowment Foundation | Educational | 2024 | $66,250 |
| Raymond James Charitable Endowment Fund | General support | 2024 | $55,250 |
| Greater Horizons | Education | 2024 | $50,000 |
| The Pauley Family Foundation | The annual fund | 2024 | $25,000 |
| Bny Mellon Charitable Gift Fund | To further the organization's exempt purpose | 2024 | $20,000 |
| American Online Giving Foundation Inc | General support | 2024 | $10,426 |
| Charities Aid Foundation America | Charitable donation | 2024 | $6,548 |
| National Christian Charitable Foundation | Colleges and universities | 2024 | $5,200 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $1,112,118 |
| The Community Foundation Inc | University or private school | 2023 | $362,308 |
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Frequently asked questions
- Is Hampden-sydney College a legitimate nonprofit?
- Yes. Hampden-sydney College is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 54-0505906, based in Hmpden Sydney, Virginia. Donations are tax-deductible.
- What is Hampden-sydney College's EIN?
- Hampden-sydney College's Employer Identification Number (EIN) is 54-0505906.
- How much revenue does Hampden-sydney College report?
- Hampden-sydney College reported $106,340,222 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Hampden-sydney College's spending goes to programs?
- Hampden-sydney College spends about 82% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Hampden-sydney College have?
- CharityIndex grades Hampden-sydney College A, based on program efficiency and fundraising cost.
- How much does Hampden-sydney College's highest-paid employee make?
- The highest reported compensation on Hampden-sydney College's latest Form 990 is $363,528, paid to John Larry Stimpert (President).
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Data for Hampden-sydney College (EIN 54-0505906) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.