Hillels of Georgia Inc

Analysis

Hillels of Georgia Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in October 1994, 32 years ago. 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 2023, Hillels of Georgia Inc reported income of $5.6m and spending of $3.0m, leaving 46% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.2m to $5.6m (+154%), an average of +26% a year. The sharpest change came in the year to June 2022, when income rose by 84%. Over the whole period it spent 73% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hillels of Georgia Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within GA. Charities of a similar size with the same main cause include Statewide Parent Advocacy Network Incorporated ($5.6m), U N M Lobo Club ($5.6m) and Holy Name Ems ($5.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 85% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $168k (5.5% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $16.3m against liabilities of $891k, net assets of $15.4m. It reported 25 employees.