Hillel Academy of Pittsburgh

Analysis

Hillel Academy of Pittsburgh is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in December 1972, 54 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, Hillel Academy of Pittsburgh reported income of $7.5m and spending of $6.3m, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.5m to $7.5m (+35%), an average of +7.9% a year. The sharpest change came in the year to June 2022, when income rose by 65%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hillel Academy of Pittsburgh sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within PA. Charities of a similar size with the same main cause include Heritage Academy Charter Schools Inc ($7.5m), Project Success-Students Undertaking Creative Control ($7.5m) and Casa Esperanza Montessori Incorpora Ted ($7.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 65% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $391k (6.2% of expenses). Other salaries and wages came to $3.8m. At year end it held assets of $19.3m against liabilities of $5.7m, net assets of $13.7m. It reported 140 employees.