Greg Hill Foundation

Analysis

Greg Hill Foundation is a registered charity in United States, based in Woburn, MA. It received its IRS tax-exemption ruling in January 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Greg Hill Foundation reported income of $4.1m and spending of $5.8m, spending 140% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $4.1m (+239%), an average of +36% a year. The sharpest change came in the year to December 2020, when income rose by 686%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Greg Hill Foundation sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within MA. Charities of a similar size with the same main cause include New York Foundation for Senior Citizens Guardian Services Inc ($4.1m), Hollidaysburg Area Young Mens Christian Association ($4.1m) and A New Day Inc ($4.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. It paid $165 in professional fundraising fees. At year end it held assets of $5.4m against liabilities of $100k, net assets of $5.3m.