The Hill School
Analysis
The Hill School is a registered charity in United States, based in Pottstown, PA. It received its IRS tax-exemption ruling in June 1938, 88 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, The Hill School reported income of $60.2m and spending of $55.0m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $58.2m to $60.2m (+3.5%), an average of +0.9% a year. The sharpest change came in the year to June 2021, when income rose by 57%. Over the whole period it spent 75% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, The Hill School 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 99th percentile, and in the 98th percentile within PA. Charities of a similar size with the same main cause include Belmont Abbey College ($60.0m), Maryville College ($60.2m) and East Texas Baptist University ($59.9m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 30% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $999k (1.8% of expenses). Other salaries and wages came to $16.1m. It paid $27k in professional fundraising fees. At year end it held assets of $332.9m against liabilities of $55.0m, net assets of $277.9m. It reported 374 employees.
Income and spending
Where the income comes from
- Contributions & grants 30%
- Program services 59%
- Other 11%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Belmont Abbey College | Belmont | $60.0m |
| Maryville College | Maryville | $60.2m |
| East Texas Baptist University | Marshall | $59.9m |
| Mary Baldwin University | Staunton | $60.2m |