Hyles-Anderson College Inc

Analysis

Hyles-Anderson College Inc is a registered charity in United States, based in Crown Point, IN. It received its IRS tax-exemption ruling in July 1977, 49 years ago. 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, Hyles-Anderson College Inc reported income of $4.6m and spending of $4.4m, spending 95% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $4.2m to $4.6m (+9.1%), an average of +2.9% a year. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hyles-Anderson College Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within IN. Charities of a similar size with the same main cause include Finger Lakes Ipa Inc ($4.6m), FCNL Education Fund ($4.6m) and Operating Engineers Apprenticeship Trust Fund Local 649 ($4.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. Other salaries and wages came to $1.8m. At year end it held assets of $3.9m against liabilities of $1.2m, net assets of $2.6m. It reported 183 employees.