Hillside Learning Center

Analysis

Hillside Learning Center is a registered charity in United States, based in Longmont, CO. It received its IRS tax-exemption ruling in December 2005, 21 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 August 2023, Hillside Learning Center reported income of $1.9m and spending of $1.8m, spending 93% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $721k to $1.9m (+163%), an average of +27% a year. The sharpest change came in the year to August 2020, when income rose by 101%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hillside Learning Center sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within CO. Charities of a similar size with the same main cause include National Cheng Kung University North America Alumni FNDTN Inc ($1.9m), Crawford Christian Academy ($1.9m) and Northern Wyoming Community College Foundation ($1.9m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 15% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $472k (27% of expenses). Other salaries and wages came to $731k. At year end it held assets of $3.0m against liabilities of $1.7m, net assets of $1.3m. It reported 18 employees.