Hartwick College
1 Hartwick Dr, Oneonta, NY · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $84,670,570 | $92,184,510 | $52,232,636 |
| FY2024 | $87,033,017 | $94,270,806 | $58,797,343 |
| FY2023 | $82,877,184 | $95,291,688 | $66,728,947 |
| FY2022 | $87,589,013 | $94,964,653 | $81,982,264 |
| FY2021 | $87,443,533 | $88,853,537 | $102,352,086 |
| FY2020 | $76,206,626 | $84,235,787 | $87,472,687 |
| FY2019 | $72,311,264 | $80,159,760 | $100,453,403 |
| FY2018 | $72,988,713 | $77,935,490 | $105,513,018 |
| FY2017 | $78,690,319 | $80,430,577 | $106,702,913 |
| FY2015 | $79,254,062 | $81,129,176 | $107,664,430 |
| FY2014 | $81,798,064 | $81,664,655 | $109,926,640 |
| FY2013 | $81,600,346 | $75,938,459 | $99,761,530 |
| FY2012 | $74,700,083 | $73,824,243 | $94,314,188 |
| FY2011 | $74,735,467 | $68,890,145 | $95,260,251 |
Form 990 filings
The returns filed by Hartwick College (EIN 15-0533561), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $11,700,940 | 14% |
| Program service revenue | $68,096,252 | 80% |
| Other revenue | $4,873,378 | 6% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $85,552,229 | 93% |
| Management & general | $4,848,597 | 5% |
| Fundraising | $1,783,684 | 2% |
What the numbers show
- Program service revenue made up 80% of total revenue in FY2025.
- Program services accounted for 93% of functional expenses, management & general 5%, and fundraising 2%.
- 93% of functional expenses went to program services in FY2025. That is higher than 87.4% of 412 Education organizations in NY.
- Net assets covered about 6.8 months of expenses at the end of the reporting year. That puts it in the 31st percentile among 4118 Education organizations in NY.
- Total revenue was higher than 97.9% of 4244 Education organizations in NY.
- Total revenue rose from $74,735,467 in FY2011 to $84,670,570 in FY2025. Revenue increased in 6 and decreased in 7 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 10 of 14 reported years (FY2015, FY2017, FY2018, FY2019, FY2020, FY2021, FY2022, FY2023, FY2024, FY2025).
- The highest revenue on record here is $87,589,013 in FY2022.
- Net assets declined from $95,260,251 to $52,232,636 between FY2011 and FY2025.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
Hartwick College, an engaged community striving towards inclusion and equity while increasing diversity, integrates a liberal arts education with experiential learning to inspire curiosity, critical thinking, creativity, personal courage and an enduring passion for learning.
IRS status
| Ruling year | 1937 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | B420 — Education (in NY) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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