Skip to main content
NonprofitTruth
Education · 2023 Form 990

Hood College Of Frederick Md: $86.9M Revenue, $68.3M Program Expenses

Frederick, Maryland · EIN 520591608 · Filing year 2023

Hood College Of Frederick Md reported $86.9M in total revenue, $87.6M in total expenses, and $248.6M in total assets on its 2023 IRS Form 990. 78.0% of expenses ($68.3M) went directly to programs. Top officer compensation is not reported on this 990 filing. Overall efficiency grade: B (73/100).

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

B
Efficiency Score
73/100

Key Facts (2023 Form 990)

Total Revenue
$86.9M
Total Expenses
$87.6M
Program Expenses
$68.3M
Program Expense Ratio
78.0%
Total Assets
$248.6M
Reserve Months
34.0 months
EIN
520591608
Latest 990 Year
2023
Top Officer Compensation
Not reported

Hood College Of Frederick Md grades a B on the nonprofit efficiency rubric. 73/100 on the composite — above the national median, with strong performance on some factors balanced by middling performance on others.

At $86.9M in 2023 revenue, Hood College Of Frederick Md sits in the mid-range of the U.S. nonprofit distribution. Most organizations of this scale operate regionally or focus on a single program area. Program-spending efficiency is strong: 80% of total expenses flow to program activities, above the 75% benchmark most third-party charity raters use.

Revenue trend is mildly positive across the five-year filing window — modest growth, consistent with stable funding sources keeping pace with organizational costs. CEO compensation is reported as zero in the filing — typical for nonprofits where the chief executive is paid through a related entity (parent system, university, or foundation) rather than the filing organization itself, or for small organizations whose chief is a volunteer or board member. In the Education category, Hood College Of Frederick Md 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 ratios should be read.


$86.9M
Revenue
$87.6M
Expenses
$248.6M
Total Assets
78.0%
Program Spending

How Hood College Of Frederick Md Compares

Hood College Of Frederick Md directs 78.0% of spending to programs, meeting the 65% minimum recommended by charity watchdogs. Its efficiency score of 73/100 is 1 points below the Education category average. The organization holds 34.0 months of operating reserves, indicating strong financial stability.

Financials

Where Your Donation Goes

$68.3M
Program Spending
78.0% of expenses
Not reported
CEO Compensation
34.0 mo
Reserve Months
of expenses in assets

Based on IRS tax-exempt organization data, for every dollar donated to Hood College Of Frederick Md, approximately 78.0 cents goes directly to program activities. The remaining funds cover administrative costs, fundraising, and management expenses.

Trend

Revenue History


Hood College Of Frederick Md has an Efficiency Score of B (73/100). Approximately 78.0% of expenses go directly to program activities, with the remainder covering administration and fundraising.

Hood College Of Frederick Md, Donor FAQ

Hood College Of Frederick Md has an Efficiency Score of B (73/100). Approximately 78.0% of expenses go directly to program activities, with the remainder covering administration and fundraising.

CEO/officer compensation for Hood College Of Frederick Md is not reported in the most recent IRS 990 filing on file.

Hood College Of Frederick Md reported $86.9M in annual revenue and $87.6M in total expenses for filing year 2023. The organization holds $248.6M in total assets.

For every dollar donated to Hood College Of Frederick Md, approximately 78.0 cents goes to program activities. The organization has 34.0 months of operating reserves, providing financial stability to sustain its mission.

Hood College Of Frederick Md is a registered 501(c) organization with EIN 520591608, based in Frederick, Maryland. 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 990 filings via ProPublica Nonprofit Explorer. Efficiency Scores combine program spending ratio (50%), revenue growth (20%), reserve months (20%), and CEO compensation ratio (10%). Filing data may lag 6-18 months from the tax year.