HILLSDALE COLLEGE

HILLSDALE, MI, 49242 (517) 437-7341 Est. 1844 EIN 38-1374230
B420 - Education 990 - Public charity return 501(c)(3)
www.hillsdale.edu

Mission

SEE SCHEDULE O

Giving Portfolio

Total Grants
78
Total Giving
$3.4M
Recipients
78
Years Active
2017 - 2024
Avg grant: $67,713 Median: $21,000

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
202421$259K $12K138
202337$1.2M $33K325
20227$630K $90K16
20217$869K $124K70
20202$347K $174K20
20192$42K $21K11
20172$41K $20K20

Sectors Funded

Education
33
Religion-Related
10
Human Services
5
Civil Rights & Advocacy
3
Youth Development
2
Unknown
2
International & Foreign Affairs
2
Arts, Culture & Humanities
2
and 2 more sectors

Top States

Michigan
22
California
6
Indiana
6
Ohio
5
Pennsylvania
4
New York
3
Connecticut
3
Missouri
3
and 17 more states

Grantee Size Profile

Over $50M
21
$100K - $500K
10
$10M - $50M
9
$5M - $10M
7
$1M - $5M
4
$500K - $1M
3
Under $100K
1

Top Grantees

Page 1 of 3
CT - 3 grants
$371K
$259K
MO - 3 grants
$257K
NY - 3 grants
$250K
$115K

Grants Awarded · 73 grants

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Financials

Total Revenue
$423,688,130
Total Expenses
$292,735,155
Net Assets
$1,949,100,954
2,350 employees 905 volunteers
From latest filing (tax period ending 2025-06-30)

Financial Health

Operating Reserve
6.7 years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 7.5%
Expenses ↑ 8.1%
Revenue Sources
Contributions 70.1% Earned revenue 18.3% Investment 9.0% Other 3.0%
Expense Breakdown
Program 60.0% Management 12.5% Fundraising 27.5%

Officers & Trustees (48)

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Filing History (7 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jul 1, 2024 to Jun 30, 2025
$423,688,130 ↑$292,735,155$1,949,100,954
2023 990 - Public charity return
Jul 1, 2023 to Jun 30, 2024
$394,153,037 ↑$270,721,431$1,742,554,338
2022 990 - Public charity return
Jul 1, 2022 to Jun 30, 2023
$320,784,822 ↓$248,527,191$1,588,493,869
2021 990 - Public charity return
Jul 1, 2021 to Jun 30, 2022
$366,213,645 ↓$214,265,709$1,453,234,679
2020 990 - Public charity return
Jul 1, 2020 to Jun 30, 2021
$367,996,683 ↑$191,767,397$1,412,029,909
2019 990 - Public charity return
Jul 1, 2019 to Jun 30, 2020
$287,422,849 ↑$172,808,580$1,125,414,535
2017 990 - Public charity return
Jul 1, 2017 to Jun 30, 2018
$219,356,427 $151,999,759$1,011,256,162

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EIN: 38-1374230 · Source: IRS Form 990 e-file data