Hilltop Education Corporation

Analysis

Hilltop Education Corporation is a registered charity in United States, based in Akron, OH. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 August 2021, Hilltop Education Corporation reported income of $272k and spending of $187k, leaving 31% of income unspent that year. Across the 2 years on record, from August 2020 to August 2021, income fell from $579k to $272k (-53%), an average of -53% a year. The sharpest change came in the year to August 2021, when income dropped by 53%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hilltop Education Corporation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within OH. Charities of a similar size with the same main cause include Watertown Area Swim Club ($272k), Little League Baseball Inc ($272k) and Amador County Arts Council ($272k).

On its Form 990 for the period ending August 2021, revenue came from contributions and grants 91% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $50k (27% of expenses). Other salaries and wages came to $44k. It paid $956 in professional fundraising fees. At year end it held assets of $250k against liabilities of $0, net assets of $250k. It reported 15 employees.