Hood College of Frederick MD
401 Rosemont Ave, Frederick, MD · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $97,166,746 | $95,282,170 | $271,540,060 |
| FY2024 | $171,514,727 | $93,582,410 | $260,388,248 |
| FY2023 | $86,931,431 | $87,614,316 | $190,114,646 |
| FY2022 | $95,630,651 | $82,507,391 | $184,004,416 |
| FY2021 | $86,749,150 | $72,794,787 | $186,663,234 |
| FY2020 | $74,188,930 | $68,590,925 | $146,156,060 |
| FY2019 | $70,751,715 | $64,793,645 | $150,343,804 |
| FY2018 | $67,731,433 | $62,960,457 | $144,265,747 |
| FY2017 | $64,105,862 | $63,088,280 | $134,947,680 |
| FY2016 | $64,820,560 | $64,545,240 | $124,475,350 |
| FY2015 | $74,955,940 | $64,817,574 | $129,962,915 |
| FY2014 | $64,649,534 | $63,144,856 | $125,010,274 |
| FY2013 | $64,088,940 | $61,525,464 | $110,974,495 |
| FY2012 | $66,112,745 | $61,632,876 | $102,765,836 |
Form 990 filings
The returns filed by Hood College of Frederick MD (EIN 52-0591608), 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 | $9,781,999 | 10% |
| Program service revenue | $75,350,065 | 78% |
| Other revenue | $12,034,682 | 12% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $76,099,812 | 80% |
| Management & general | $17,587,230 | 18% |
| Fundraising | $1,595,128 | 2% |
What the numbers show
- Program service revenue made up 78% of total revenue in FY2025.
- Program services accounted for 80% of functional expenses, management & general 18%, and fundraising 2%.
- 80% of functional expenses went to program services in FY2025. That is higher than 35.5% of 93 Education organizations in MD.
- Net assets covered about 34.2 months of expenses at the end of the reporting year. That puts it in the 73rd percentile among 1052 Education organizations in MD.
- Total revenue was higher than 99.4% of 1078 Education organizations in MD.
- Total revenue rose from $66,112,745 in FY2012 to $97,166,746 in FY2025. Revenue increased in 8 and decreased in 5 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 1 of 14 reported years (FY2023).
- The highest revenue on record here is $171,514,727 in FY2024.
- Net assets grew from $102,765,836 to $271,540,060 between FY2012 and FY2025.
- Contributions and grants made up 16% of revenue in FY2012 and 10% in 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
THROUGH AN INTEGRATION OF THE LIBERAL ARTS AND THE PROFESSIONS, HOOD COLLEGE PROVIDES AN EDUCATION THAT EMPOWERS STUDENTS TO USE THEIR HEARTS, MINDS AND HANDS TO MEET PERSONAL, PROFESSIONAL AND GLOBAL CHALLENGES AND TO LEAD PURPOSEFUL LIVES OF RESPONSIBILITY, LEADERSHIP, SERVICE AND CIVIC
IRS status
| Ruling year | 1937 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | B430 — Education (in MD) |
| 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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