The Seven Hills Schools
Analysis
The Seven Hills Schools is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in February 1949, 77 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, The Seven Hills Schools reported income of $42.3m and spending of $36.7m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $32.4m to $42.3m (+31%), an average of +6.9% a year. The sharpest change came in the year to June 2023, when income rose by 23%. Over the whole period it spent 90% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, The Seven Hills Schools sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within OH. Charities of a similar size with the same main cause include Beaver Country Day School Inc ($42.3m), Little Scholars of Arkansas Foundation ($42.3m) and Dream Charter School ($42.2m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 20% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $1.8m (5.0% of expenses). Other salaries and wages came to $13.7m. At year end it held assets of $117.5m against liabilities of $4.8m, net assets of $112.7m. It reported 383 employees.
Income and spending
Where the income comes from
- Contributions & grants 20%
- Program services 72%
- Other 8.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Beaver Country Day School Inc | Chestnut Hill | $42.3m |
| Little Scholars of Arkansas Foundation | Little Rock | $42.3m |
| Dream Charter School | New York | $42.2m |
| Middlesex School | Concord | $42.4m |