Hill Center Inc

Analysis

Hill Center Inc is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in August 1998, 28 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 2023, Hill Center Inc reported income of $14.1m and spending of $8.2m, leaving 42% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.7m to $14.1m (+82%), an average of +16% a year. The sharpest change came in the year to June 2023, when income rose by 66%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hill Center Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within NC. Charities of a similar size with the same main cause include Nli USA Inc ($14.1m), HSDL LLC ($14.1m) and Carlthorp School ($14.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 23% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $791k (9.6% of expenses). Other salaries and wages came to $4.0m. At year end it held assets of $30.6m against liabilities of $4.6m, net assets of $26.0m. It reported 143 employees.