Team Hill Foundation Inc

Analysis

Team Hill Foundation Inc is a registered charity in United States, based in Mantoloking, NJ. It received its IRS tax-exemption ruling in November 2014, 12 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 2021, Team Hill Foundation Inc reported income of $369k and spending of $338k, spending 92% of its income. Across the 3 years on record, from December 2019 to December 2021, income fell from $779k to $369k (-53%), an average of -31% a year. The sharpest change came in the year to December 2020, when income dropped by 64%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Team Hill Foundation Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 71st percentile within NJ. Charities of a similar size with the same main cause include Crossstate Credit Union Foundation ($369k), Smsna Foundation ($369k) and Cross Outreach ($369k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $45k. At year end it held assets of $661k against liabilities of $535k, net assets of $126k.