Hillsboro Charitable Foundation Inc

Analysis

Hillsboro Charitable Foundation Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in February 2013, 13 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending October 2023, Hillsboro Charitable Foundation Inc reported income of $310k and spending of $138k, leaving 55% of income unspent that year. Across the 3 years on record, from October 2021 to October 2023, income grew from $204k to $310k (+52%), an average of +24% a year. The sharpest change came in the year to October 2022, when income rose by 74%. Over the whole period it spent 42% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hillsboro Charitable Foundation Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 63rd percentile within TN. Charities of a similar size with the same main cause include International Society of Dermatopathology ($310k), School of Service ($310k) and Christian Ophthalmology Society Inc ($310k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $831k against liabilities of $0, net assets of $831k.