Eagle Hill Foundation of Massachusetts Inc

Analysis

Eagle Hill Foundation of Massachusetts Inc is a registered charity in United States, based in Hardwick, MA. It received its IRS tax-exemption ruling in August 1983, 43 years ago. 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 2023, Eagle Hill Foundation of Massachusetts Inc reported income of $26.8m and spending of $21.2m, leaving 21% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $23.0m to $26.8m (+16%), an average of +5.2% a year. The sharpest change came in the year to June 2021, when income rose by 29%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Eagle Hill Foundation of Massachusetts Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within MA. Charities of a similar size with the same main cause include Whatley Health Services Inc ($26.8m), Columbus Urban League ($26.8m) and Town and Country Manor Christian & Missionary Alliance ($26.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 22% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $757k (3.6% of expenses). Other salaries and wages came to $9.2m. At year end it held assets of $102.9m against liabilities of $24.7m, net assets of $78.1m. It reported 202 employees.