Torchbearers-His Hill

Analysis

Torchbearers-His Hill is a registered charity in United States, based in Comfort, TX. It received its IRS tax-exemption ruling in September 2010, 16 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 August 2024, Torchbearers-His Hill reported income of $2.2m and spending of $1.4m, leaving 37% of income unspent that year. Across the 6 years on record, from August 2019 to August 2024, income grew from $1.3m to $2.2m (+64%), an average of +10% a year. The sharpest change came in the year to August 2021, when income rose by 32%. Over the whole period it spent 72% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Torchbearers-His Hill sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 90th percentile within TX. Charities of a similar size with the same main cause include Surry County Early Childhood Partnership Inc ($2.2m), South St Paul Educational Foundation ($2.2m) and Fayetteville Free Library ($2.2m).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 33% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $121k (8.6% of expenses). Other salaries and wages came to $243k. At year end it held assets of $6.6m against liabilities of $1.7m, net assets of $5.0m. It reported 13 employees.