Hilltop Preparatory School Inc

Analysis

Hilltop Preparatory School Inc is a registered charity in United States, based in Rosemont, PA. It received its IRS tax-exemption ruling in December 1971, 55 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, Hilltop Preparatory School Inc reported income of $5.4m and spending of $5.4m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.0m to $5.4m (+34%), an average of +7.7% a year. The sharpest change came in the year to June 2020, when income rose by 20%. 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, Hilltop Preparatory School Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within PA. Charities of a similar size with the same main cause include North Park Elementary School Association ($5.4m), Buffalo State College Foundation Housing Corporation ($5.4m) and French American School of Silicon Valley ($5.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 10% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $192k (3.6% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $3.8m against liabilities of $3.5m, net assets of $263k. It reported 56 employees.