Mary T and James J Hill Library Foundation

Analysis

Mary T and James J Hill Library Foundation is a registered charity in United States, based in St Paul, MN. It received its IRS tax-exemption ruling in March 1923, 103 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2021, Mary T and James J Hill Library Foundation reported income of $1.3m and spending of $772k, leaving 42% of income unspent that year. Across the 3 years on record, from December 2019 to December 2021, income grew from $665k to $1.3m (+99%), an average of +41% a year. The sharpest change came in the year to December 2020, when income rose by 69%. Over the whole period it spent 112% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mary T and James J Hill Library Foundation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within MN. Charities of a similar size with the same main cause include Bayaan Academy Inc ($1.3m), Heritage Community Services Inc ($1.3m) and Womens Global Education Project ($1.3m).

Compensation of current officers, directors and key employees was $56k (7.3% of expenses). Other salaries and wages came to $11k. At year end it held assets of $19.9m against liabilities of $0, net assets of $19.9m. It reported 2 employees.