Hillel the Foundation for Jewish Campus Life

Analysis

Hillel the Foundation for Jewish Campus Life is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in January 2024, 2 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Hillel the Foundation for Jewish Campus Life reported income of $1.1m and spending of $800k, leaving 30% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $866k to $1.1m (+32%), an average of +7.2% a year. The sharpest change came in the year to June 2023, when income rose by 23%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hillel the Foundation for Jewish Campus Life sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within MI. Charities of a similar size with the same main cause include East Tennessee Economic Development Agency Inc ($1.1m), Mount Zion Christian Schools Inc ($1.1m) and Cape Libraries Automated Materials ($1.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $140k (18% of expenses). Other salaries and wages came to $377k. At year end it held assets of $2.2m against liabilities of $71k, net assets of $2.1m. It reported 11 employees.