Eagle Hill Foundation Inc

Analysis

Eagle Hill Foundation Inc is a registered charity in United States, based in Greenwich, CT. It received its IRS tax-exemption ruling in September 1984, 42 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 2023, Eagle Hill Foundation Inc reported income of $24.0m and spending of $22.2m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $20.8m to $24.0m (+16%), an average of +3.7% a year. The sharpest change came in the year to June 2022, when income rose by 19%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Eagle Hill Foundation Inc sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CT. Charities of a similar size with the same main cause include University Research Park Inc ($24.0m), Walnut Hill Center for the Arts Inc ($24.0m) and Community School of Excellence ($24.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.2% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $1.2m (5.4% of expenses). Other salaries and wages came to $9.4m. At year end it held assets of $62.3m against liabilities of $31.5m, net assets of $30.8m. It reported 141 employees.