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Education · 2023 Form 990

Hampton University: $197.4M Revenue, $212.8M Expenses

Hampton, Virginia · EIN 540505990 · Filing year 2023

Hampton University reported $197.4M in total revenue, $212.8M in total expenses, and $883.8M in total assets on its 2023 IRS Form 990. Total compensation for current officers and key employees was $836K (0.42% of revenue). NonprofitTruth efficiency grade: D (48/100).

Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.

Reviewed by NonprofitTruth Editorial Team · Updated
D
Efficiency Score
48/100

Key Facts (2023 Form 990)

Total Revenue
$197.4M
Total Expenses
$212.8M
Total Assets
$883.8M
Reserve Months
49.8 months
Surplus / (Deficit)
$-15,393,726
EIN
540505990
Latest 990 Year
2023
Current-Officer Compensation
$836K
Officer Comp % of Revenue
0.42%

Hampton University pulls a D on the efficiency rubric. The composite of 48/100 reflects below-median performance on the bundle of factors — typically driven by thin operating reserves, volatile revenue, or outsized officer compensation relative to organizational size.

Annual revenue at Hampton University runs $197.4M (2023), placing it among the larger U.S. nonprofits in the IRS Form 990 dataset. Reserves are the limiting factor: Hampton University carries relatively few months of operating expenses on its balance sheet, which can leave an organization exposed if a major funding source pauses.

Five-year revenue is essentially flat — Hampton University's funding base appears stable but not growing. For mature organizations this is often the steady state; for younger ones it can signal a funding plateau worth diagnosing. Officer compensation is modest relative to organizational size: Hampton University reports $836,282 in total compensation for current officers and key employees (Form 990 Part IX, line 5) against $197.4M in revenue. The ratio is well within the bands third-party charity raters consider reasonable at this scale. In the Education category, Hampton University sits alongside universities, K-12 systems, scholarship funds, and education-research organizations. Education-sector nonprofits often hold large endowments, which affects how the reserves-and-revenue figures should be read.


$197.4M
Revenue
$212.8M
Expenses
$883.8M
Total Assets
$836K
Officer Compensation

How Hampton University Compares

Hampton University earns a NonprofitTruth efficiency grade of D (48/100). That is 16 points below the Education category average. Compensation for current officers and key employees represents 0.42% of total revenue. The organization holds 49.8 months of operating reserves, indicating strong financial cushion.

Financials

990 Financial Snapshot

$212.8M
Total Expenses
Filing year 2023
$836K
Officer Compensation
0.42% of revenue
49.8 mo
Reserve Months
of expenses in assets

Based on IRS tax-exempt organization data, Hampton University reported $197.4M in revenue against $212.8M in total functional expenses for filing year 2023, holding roughly 49.8 months of operating reserves. A program-vs-overhead split is not shown here because total program service expenses (Form 990 Part IX, line 25, column B) are not available in the ProPublica Nonprofit Explorer feed this site ingests; that breakdown can be read directly from the organization’s e-filed 990.

The 990 reports $836K in total compensation for current officers, directors, trustees, and key employees (Part IX, line 5) — 0.42% of total revenue. This is an aggregate across all listed officers; per-person amounts appear on Schedule J.

Trend

Revenue History

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Hampton University has a NonprofitTruth Efficiency Score of D (48/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.

Hampton University, Donor FAQ

Hampton University has a NonprofitTruth Efficiency Score of D (48/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.

Hampton University reports $836K in total compensation for current officers, directors, trustees, and key employees (IRS Form 990 Part IX, line 5), representing 0.42% of the organization's $197.4M in annual revenue. This is an aggregate figure for all listed officers, not a single executive's salary; per-person pay is detailed on Schedule J of the 990.

Hampton University reported $197.4M in annual revenue and $212.8M in total expenses for filing year 2023. The organization holds $883.8M in total assets.

Hampton University holds approximately 49.8 months of operating reserves (total assets relative to annual expenses) based on its 2023 IRS Form 990, one input into its D efficiency grade.

Hampton University is a registered 501(c) organization with EIN 540505990, based in Hampton, Virginia. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.

Sources: IRS 990 Filings, ProPublica Nonprofit Explorer
Last updated:

Financial data is sourced from IRS Form 990 filings via ProPublica Nonprofit Explorer. The Efficiency Score combines three signals the 990 feed actually reports: financial health / operating reserves (40%), multi-year revenue consistency (35%), and current-officer compensation relative to revenue (25%). It does not include a program-spending ratio, because total program service expenses are not exposed by the ProPublica feed; no program ratio is estimated. Filing data may lag 6-18 months from the tax year.