Hallis School Inc

Analysis

Hallis School Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in August 1984, 42 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 December 2023, Hallis School Inc reported income of $1.2m and spending of $1.3m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.2m (+2.6%), an average of +0.7% a year. The sharpest change came in the year to December 2023, when income dropped by 23%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hallis School 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 81st percentile, and in the 82nd percentile within KY. Charities of a similar size with the same main cause include Da Vinci Schools Fund ($1.2m), Dayton Electical Joint Apprentice Committee ($1.2m) and Mt Sac Auxiliary Services ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $798k. At year end it held assets of $700k against liabilities of $19k, net assets of $681k. It reported 38 employees.