Hope College
89% goes to programs $24 to raise $100 Strong reserves
Hope College is a 501(c)(3) organization based in Holland, Michigan, registered in 1938, with $189,367,757 in FY2023 revenue. CharityIndex grades it A, and it directs about 89% of spending to programs.
100 E 8th St Ste 210, Holland, MI, 49423 EIN 38-1381271 Since 1938
Revenue (FY2023)
$189.4M
▲ 4.2% vs prior year
Education median: $200K
Expenses (FY2023)
$201.6M
Net assets
$516.7M
Employees
3,201
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
B+Program efficiency40% of the rating89% to programs · $24 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 Hope College: 89% to programs · $24 to raise $100 earns a B+ on this criterion. See the exact thresholds →
B+Financial health25% of the rating31 mo reserves · -6% 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 Hope College: 31 mo reserves · -6% margin earns a B+ 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 Hope College: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 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 Hope College: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
The mission of hope college is to educate students for lives of leadership and service in a global society through academic and co-curricular programs of recognized excellence in the liberal arts and in the context of the historic christian faith.
What they do
The organization is involved in research to maintain one of the top chemistry & biology depts in the country, utilize research as a teaching tool in the classroom & to facilitate learning.
Contact & location
- Address
- 100 E 8th St Ste 210, Holland, MI, 49423
- City
- Holland
- State
- Michigan
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $170.6M (FY2013) to $189.4M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $50.5MNet assets $516.7M
Operating margin
-6.5%
Spent more than it raised in the latest fiscal year.
Total assets
$567.3M
Total liabilities
$50.5M
Net assets
$516.7M
Salaries & benefits
$80.1M
40% of expenses
Board members
24
21 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $189,367,757▲4.2% | $201,600,333▲7.7% | $516,722,984▲2.4% | $567,271,858▲1.9% | 990 |
| 2022 | $181,670,045▼3.6% | $187,171,727▲6.1% | $504,370,596▲2.3% | $556,663,135▲1.0% | 990 |
| 2021 | $188,512,497▲0.8% | $176,485,315▲7.5% | $492,793,175▼4.0% | $551,187,354▼5.1% | 990 |
| 2020 | $186,977,836▲15.7% | $164,101,083▲5.9% | $513,360,770▲21.3% | $580,555,530▲17.5% | 990 |
| 2019 | $161,551,169 | $154,963,019▼1.8% | $423,074,350▲0.2% | $493,947,019▼0.5% | 990 |
| 2018 | $161,497,476▼1.5% | $157,849,940▲1.9% | $422,241,347▲1.4% | $496,373,575▲1.1% | 990 |
| 2017 | $163,936,373▲10.9% | $154,921,818▲1.6% | $416,573,780▲5.3% | $490,988,344▲2.5% | 990 |
| 2016 | $147,771,215▼1.5% | $152,487,469▲1.5% | $395,791,600▲6.3% | $478,936,261▲3.2% | 990 |
| 2015 | $150,003,655▼11.3% | $150,252,829▲4.2% | $372,349,679▼4.1% | $464,019,780▼3.9% | 990 |
| 2014 | $169,049,806▼0.9% | $144,182,311▲5.3% | $388,162,851▲3.8% | $482,846,633▲2.2% | 990 |
| 2013 | $170,646,891 | $136,952,323▲4.2% | $374,122,049▲12.1% | $472,505,234▲9.0% | 990 |
| 2012 | — | $131,467,018▲4.2% | $333,836,834▲11.6% | $433,428,447▲6.6% | 990 |
| 2011 | — | $126,212,370▲2.9% | $299,097,283▲1.7% | $406,720,486▲3.6% | 990 |
| 2010 | — | $122,599,008▲1.7% | $294,012,408▲11.0% | $392,694,322▲6.0% | 990 |
| 2009 | — | $120,579,906 | $264,957,739 | $370,634,160 | 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: Matthew Scogin — $325,000 (0.16% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Matthew Scogin | President | 50 | $325,000 |
| Richard J Puckett | Vp For Philanthropy - Part Year | 45 | $241,137 |
| Thomas Bylsma | Vp For Finance/cfo | 50 | $214,382 |
| Gerald D Griffin | Provost | 50 | $204,015 |
| Jennifer Fellinger | Vp For Strategic - Part Year | 45 | $193,000 |
| William Vanderbilt | Vice President - Former Key Employee | 45 | $192,272 |
| Aaron Best | Faculty | 40 | $171,228 |
| Robert A Anderson | Vp of Philanthropy | 40 | $161,693 |
| Rebekah Starkenburg | Vp For Student Formation | 45 | $157,600 |
| Todd Steen | Faculty | 40 | $153,986 |
| Carl Heidemen | Dir. of Process/innovation | 40 | $153,466 |
| David Vanwylen | Director of Possibilities | 40 | $152,469 |
| Nathan Haveman | Vp of Admissions | 40 | $152,300 |
| Brent Krueger | Faculty | 40 | $152,201 |
| Dr Jeanne Petit | Trustee/faculty | 40 | $100,753 |
| Dr Llena Chavis | Trustee/faculty | 40 | $79,690 |
| Andrew Ohm | Trustee | 1 | — |
| Brett Vanderkamp | Trustee | 1 | — |
| Carol Vanandel | Trustee | 1 | — |
| David Paul | Trustee | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Creative Dining Service | Food Service Management | $11,157,515 |
| Lakewood Construction Company | Construction Services | $3,530,981 |
| Amdg Architects | Architectural Services | $2,101,524 |
| Mikalan Roofing Inc | Commercial Roofing Services | $640,232 |
| Cambridge Associates | Investment Consultant | $430,158 |
Grants received · $16.3M total
157 grants to Hope College totaling $16.3M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| National Christian Charitable Foundation | Colleges and universities | 2024 | $2,317,955 |
| Donors Trust Inc | For the markets & morality program | 2024 | $120,000 |
| Baylor University | Subcontract-research | 2024 | $72,500 |
| The Bessemer Giving Fund | General support | 2024 | $50,000 |
| Baylor University | Subcontract-research | 2024 | $39,385 |
| American Endowment Foundation | Educational | 2024 | $38,875 |
| American Online Giving Foundation Inc | General support | 2024 | $33,536 |
| Raymond James Charitable Endowment Fund | General support | 2024 | $31,028 |
| Community Foundation of New Jersey | Universities, graduate schools or law schools | 2024 | $28,155 |
| The New York Community Trust | For a scholarship award. | 2024 | $25,000 |
| Charities Aid Foundation America | Charitable donation | 2024 | $13,514 |
| The Us Charitable Gift Trust | For recipient's exempt purpose | 2024 | $10,800 |
| Community Foundation For Southeast Michigan | Education | 2024 | $7,500 |
| Giveclear Foundation | Program support | 2024 | $5,500 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $5,000 |
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Compare Hope College
Frequently asked questions
- Is Hope College a legitimate nonprofit?
- Yes. Hope College is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 38-1381271, based in Holland, Michigan. Donations are tax-deductible.
- What is Hope College's EIN?
- Hope College's Employer Identification Number (EIN) is 38-1381271.
- How much revenue does Hope College report?
- Hope College reported $189,367,757 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Hope College's spending goes to programs?
- Hope College spends about 89% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Hope College have?
- CharityIndex grades Hope College A, based on program efficiency and fundraising cost.
- How much does Hope College's highest-paid employee make?
- The highest reported compensation on Hope College's latest Form 990 is $325,000, paid to Matthew Scogin (President).
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Data for Hope College (EIN 38-1381271) 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.