HOPE COLLEGE
100 E 8TH ST STE 210, HOLLAND, MI · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $202,053,889 | $212,019,055 | $532,160,802 |
| FY2024 | $189,367,757 | $201,600,333 | $516,722,984 |
| FY2023 | $181,670,045 | $187,171,727 | $504,370,596 |
| FY2022 | $188,512,497 | $176,485,315 | $492,793,175 |
| FY2021 | $186,977,836 | $164,101,083 | $513,360,770 |
| FY2020 | $161,551,169 | $154,963,019 | $423,074,350 |
| FY2019 | $161,497,476 | $157,849,940 | $422,241,347 |
| FY2018 | $163,936,373 | $154,921,818 | $416,573,780 |
| FY2017 | $147,771,215 | $152,487,469 | $395,791,600 |
| FY2016 | $150,003,655 | $150,252,829 | $372,349,679 |
| FY2015 | $169,049,806 | $144,182,311 | $388,162,851 |
| FY2014 | $170,646,891 | $136,952,323 | $374,122,049 |
| FY2013 | $150,071,399 | $131,467,018 | $333,836,834 |
| FY2012 | $145,371,244 | $126,212,370 | $299,097,283 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $25,465,355 | 13% |
| Program service revenue | $166,763,223 | 87% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $186,634,998 | 88% |
| Management & general | $21,239,810 | 10% |
| Fundraising | $4,144,247 | 2% |
What the numbers show
- Program service revenue made up 87% of total revenue in FY2025.
- Program services accounted for 88% of functional expenses, management & general 10%, and fundraising 2%.
- 88% of functional expenses went to program services in FY2025. That is higher than 71.4% of 63 Education organizations in MI.
- Net assets covered about 30.1 months of expenses at the end of the reporting year. That puts it in the 63rd percentile among 1364 Education organizations in MI.
- Total revenue was higher than 100% of 1395 Education organizations in MI.
- Total revenue rose from $145,371,244 in FY2012 to $202,053,889 in FY2025, Revenue increased in 8 and decreased in 5 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 5 of 14 reported years (FY2016, FY2017, FY2023, FY2024, FY2025).
- Net assets grew from $299,097,283 to $532,160,802 between FY2012 and FY2025.
- Donations are generally tax-deductible (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
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.
IRS status
| Ruling year | 1938 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | B420 — Education |
| Donations | Donations are generally tax-deductible (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded September 20, 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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