Seven Hills School

Analysis

Seven Hills School is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in December 2001, 25 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, Seven Hills School reported income of $2.4m and spending of $2.4m, spending 97% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.4m to $2.4m (+72%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 27%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Seven Hills School sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within VA. Charities of a similar size with the same main cause include National Assoc for the Education of Homeless Childrens and Youth ($2.4m), Developments in Literacy Inc ($2.4m) and Pivotal Point Transitional Housing Inc ($2.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 3.2% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $178k (7.5% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $3.6m against liabilities of $1.9m, net assets of $1.7m. It reported 25 employees.