Spring Hill School Incorporated

Analysis

Spring Hill School Incorporated is a registered charity in United States, based in Waitsfield, VT. It received its IRS tax-exemption ruling in December 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Spring Hill School Incorporated reported income of $287k and spending of $290k, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $234k to $287k (+23%), an average of +5.3% a year. The sharpest change came in the year to June 2021, when income rose by 30%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Spring Hill School Incorporated sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 53rd percentile within VT. Charities of a similar size with the same main cause include Career Tech High School ($287k), O Foundation ($287k) and Leo Foundation ($287k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 22% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $99k (34% of expenses). Other salaries and wages came to $92k. At year end it held assets of $349k against liabilities of $131k, net assets of $218k. It reported 9 employees.