Hillander School Endowment Inc

Analysis

Hillander School Endowment Inc is a registered charity in United States, based in Midland, TX. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Hillander School Endowment Inc reported income of $1.1m and spending of $27k, leaving 98% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $527k to $1.1m (+110%), an average of +20% a year. The sharpest change came in the year to June 2022, when income rose by 511%. Over the whole period it spent 3.3% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hillander School Endowment Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within TX. Charities of a similar size with the same main cause include Alliance for Disabled in Action Inc ($1.1m), Rock Valley College Foundation ($1.1m) and Malik Academy ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% of the total. At year end it held assets of $3.9m against liabilities of $0, net assets of $3.9m.