Hill Institute

Analysis

Hill Institute is a registered charity in United States, based in Florence, MA. It received its IRS tax-exemption ruling in March 1944, 82 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Hill Institute reported income of $482k and spending of $484k, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $476k to $482k (+1.2%), an average of +0.3% a year. The sharpest change came in the year to June 2021, when income rose by 246%. Over the whole period it spent 65% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hill Institute sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within MA. Charities of a similar size with the same main cause include Sister Cecilia Schneider Community Housing Development Fund ($482k), Friends of Post 53 Inc ($482k) and The Lynchburg Public Schools Education Foundation Inc ($482k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 21% of the total. Compensation of current officers, directors and key employees was $126k (26% of expenses). Other salaries and wages came to $155k. At year end it held assets of $9.3m against liabilities of $16k, net assets of $9.3m. It reported 33 employees.