Hillforest Historical Foundation Inc

Analysis

Hillforest Historical Foundation Inc is a registered charity in United States, based in Aurora, IN. It received its IRS tax-exemption ruling in October 1956, 70 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hillforest Historical Foundation Inc reported income of $209k and spending of $203k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $187k to $209k (+11%), an average of +2.7% a year. The sharpest change came in the year to December 2023, when income rose by 186%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hillforest Historical Foundation Inc sits at the 61st percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within IN. Charities of a similar size with the same main cause include Northwest Art Center ($209k), Dallas Asian American Youth Orchestra ($209k) and Sanatana Yaksha Ranga Cultural Center Inc ($208k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 24% of the total. Other salaries and wages came to $58k. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m. It reported 4 employees.