Hampton University

Organization Overview

Hampton University is located in Hampton, VA. The organization was established in 1994. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 06/2020, Hampton University employed 1,985 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes.

For the year ending 06/2020, Hampton University generated $206.0m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $186.4m during the year ending 06/2020. While expenses have increased by 3.0% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

HAMPTON UNIVERSITY IS A COMPREHENSIVE INSTITUTION OF HIGHER EDUCATION, DEDICATED TO THE PROMOTION OF LEARNING, BUILDING OF CHARACTER, AND THE PREPARATION OF PROMISING STUDENTS FOR POSITIONS OF LEADERSHIP AND SERVICE. ITS CURRICULAR EMPHASIS IS SCIENTIFIC AND PROFESSIONAL WITH STRONG LIBERAL ARTS UNDERGIRDING. IN CARRYING OUT ITS MISSION, THE UNIVERSITY REQUIRES THAT EVERYTHING THAT IT DOES BE OF THE HIGHEST QUALITY. A HISTORICALLY BLACK INSTITUTION, HAMPTON UNIVERSITY IS COMMITTED TO MULTICULTURALISM. THE UNIVERSITY SERVES STUDENTS FROM DIVERSE NATIONAL, CULTURAL, AND ECONOMIC BACKGROUNDS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

INSTRUCTIONAL AND DEPARTMENTAL RESEARCH - THE EDUCATIONAL GOALS SET UP FOR OUR STUDENTS ARE THROUGH VARIOUS INSTRUCTIONAL DIVISIONS AND DEPARTMENTAL RESEARCH.


PUBLIC SERVICES - HAMPTON UNIVERSITY HAS AN OFF CAMPUS WORK-STUDY PROGRAM FOR STUDENTS, URBAN AFFAIRS AND OTHER COMMUNITY RELATED PROJECTS.


LIBRARY AND MUSEUMS - THE LIBRARIES AND MUSEUMS PROVIDE AND DISPLAY EDUCATIONAL MATERIALS AND PROVIDE SUPPORT SERVICES TO THE ACADEMIC COMMUNITY.


STUDENT SERVICES - ALL OFFICES WHICH RENDER SERVICES TO THE EMOTIONAL WELL-BEING OF OUR STUDENTS: VICE PRESIDENT FOR STUDENT AFFAIRS, DEAN OF ADMISSIONS, REGISTRAR, TESTING, ETC.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Gourmet Services Inc
Food Service
$7,289,316
Adrian Builders Group Llc
Renovations / Repairs
$3,948,268
Damuth Trane Company
Hvac Parts And Supplies / Repairs
$2,892,287
Dominion Energy Virginia
Supplies Electricity
$2,105,870
Towne Insurance Agency
Insurance
$2,785,725
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $33,531,491
All other contributions, gifts, grants, and similar amounts not included above$21,825,715
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$55,357,206
Total Program Service Revenue$129,788,633
Investment income $4,532,496
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income -$733,953
Net Gain/Loss on Asset Sales $17,066,613
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $206,010,995

Grants Recieved

Over the last fiscal year, we have identified 30 grants that Hampton University has recieved totaling $1,075,085.

Awarding OrganizationAmount
Lilly Endowment Inc

Indianapolis, IN

PURPOSE: THRIVING CONGREGATIONS INITIATIVE

$540,000
Lilly Endowment Inc

Indianapolis, IN

PURPOSE: THRIVING CONGREGATIONS INITIATIVE

$460,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$38,599
Goodwin Meissner Family Foundation Inc

New York, NY

PURPOSE: UNRESTRICTED GENERAL

$12,500
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: GENERAL SUPPORT

$7,500
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: GENERAL SUPPORT

$7,500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$291,251,075
Earnings$3,760,751
Net Contributions$3,752,711
Other Expense$8,977,676
Ending Balance$289,786,861

Peer Organizations

Organization NameAssets
Howard University
Washington, DC
$1,025,632,000
American University
Washington, DC
$862,369,744
Wake Forest University
Winstonsalem, NC
$583,443,727
University Of Richmond
Richmond, VA
$458,087,443
Catholic University Of America
Washington, DC
$334,648,312
Elon University
Elon, NC
$328,453,491
Belmont University
Nashville, TN
$378,873,316
Loyola University Maryland Inc
Baltimore, MD
$289,324,946
Campbell University Inc
Buies Creek, NC
$261,461,317
Lipscomb University
Nashville, TN
$193,551,646
Gallaudet University
Washington, DC
$203,714,766
Hampton University
Hampton, VA
$206,010,995

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