Hill School of Wilmington Inc

Analysis

Hill School of Wilmington Inc is a registered charity in United States, based in Wilmington, NC. 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 school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Hill School of Wilmington Inc reported income of $1.4m and spending of $1.3m, spending 95% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $870k to $1.4m (+64%), an average of +13% a year. The sharpest change came in the year to June 2023, when income rose by 25%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hill School of Wilmington Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within NC. Charities of a similar size with the same main cause include Glaziers Union Local 27 Joint Apprenticeship Fund ($1.4m), 10th District Junior Livestock Auction Committee Inc ($1.4m) and East Lake Academy Inc ($1.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 16% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $79k (5.8% of expenses). Other salaries and wages came to $785k. At year end it held assets of $946k against liabilities of $222k, net assets of $724k. It reported 30 employees.