CSCharityScored
83

Hanover College Trustees

Education · Hanover, Indiana

517 Ball Dr, Hanover, IN 47243-9672

EIN: 350868096· Founded: Apr 1953· 73 years active· Filing Year: 2023

Annual Revenue

$70.6M

Total Expenses

$78.6M

Total Assets

$245.2M

Program Spending

70%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$643K

0.8% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$18.3M

Total Payroll

$18.9M

24% of total expenses

Where the Money Goes

70%
Programs: 70%
Payroll: 24%
Other overhead: 30%
Program Revenue$55.0M (78%)
Total Expenses$78.6M (100%)
Payroll$18.9M (24%)
Overhead (non-program)30%

Trust Score Breakdown

Program Spending Ratio

70% of expenses go to programs

40%

Revenue & Stability

$70.6M annual revenue

15%

Executive Compensation

$643K total officer comp (0.8% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$245.2M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.