Hill School Corporation of Middleburg

Analysis

Hill School Corporation of Middleburg is a registered charity in United States, based in Middleburg, VA. It received its IRS tax-exemption ruling in November 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Hill School Corporation of Middleburg reported income of $11.0m and spending of $9.0m, spending 82% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $7.6m to $11.0m (+44%), an average of +9.5% a year. The sharpest change came in the year to June 2023, when income rose by 17%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hill School Corporation of Middleburg sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within VA. Charities of a similar size with the same main cause include Pacific School of Religion ($10.9m), Gateway Academy Charter School ($11.0m) and North East Carolina Preparatory School Inc ($10.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 28% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $781k (8.7% of expenses). Other salaries and wages came to $3.1m. At year end it held assets of $44.7m against liabilities of $9.8m, net assets of $34.9m. It reported 81 employees.