Hill Preschool

Analysis

Hill Preschool is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in October 1973, 53 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, Hill Preschool reported income of $1.4m and spending of $1.4m, spending 97% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.0m to $1.4m (+41%), an average of +9.0% a year. The sharpest change came in the year to August 2021, when income rose by 28%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hill Preschool sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 61st percentile within DC. Charities of a similar size with the same main cause include Northampton Community Music Center Inc ($1.4m), Cristo Rey Richmond Corporate Work Study Program Inc ($1.4m) and California Teacher Development Collaborative ($1.4m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 2.3% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $141k (10% of expenses). Other salaries and wages came to $691k. At year end it held assets of $1.5m against liabilities of $226k, net assets of $1.3m. It reported 19 employees.