Hillside School
Analysis
Hillside School is a registered charity in United States, based in Marlborough, MA. It received its IRS tax-exemption ruling in July 1943, 83 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2024, Hillside School reported income of $10.8m and spending of $9.6m, spending 89% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $10.2m to $10.8m (+6.1%), an average of +1.5% a year. Over the whole period it spent 97% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Hillside School sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within MA. Charities of a similar size with the same main cause include Marin Montessori School Inc ($10.8m), Friendship Christian School Inc ($10.8m) and Pineapple Cove Classical Academy Inc ($10.8m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 6.8% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $591k (6.1% of expenses). Other salaries and wages came to $3.5m. At year end it held assets of $39.3m against liabilities of $25.2m, net assets of $14.2m. It reported 65 employees.
Income and spending
Where the income comes from
- Contributions & grants 6.8%
- Program services 84%
- Other 8.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Marin Montessori School Inc | Corte Madera | $10.8m |
| Friendship Christian School Inc | Lebanon | $10.8m |
| Pineapple Cove Classical Academy Inc | Palm Bay | $10.8m |
| Eastern Kentucky Univ Foundation Inc Giltner CRT 007 38 6206718 | Richmond | $10.8m |