Hillcrest Educational Foundation Inc

Analysis

Hillcrest Educational Foundation Inc is a registered charity in United States, based in Pittsfield, MA. It received its IRS tax-exemption ruling in April 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Hillcrest Educational Foundation Inc reported income of $697k and spending of $8,493, leaving 99% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $712k to $697k (-2.0%), an average of -0.5% a year. The sharpest change came in the year to June 2023, when income rose by 218%. Over the whole period it spent 58% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hillcrest Educational Foundation Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within MA. Charities of a similar size with the same main cause include Canandaigua All Sports Boosters Inc ($697k), Graduate Student Organization of Suny at Stony Brook Inc ($698k) and Alpine Public Library Association of Alpine Brewster County Texas ($697k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 102% of the total. At year end it held assets of $2.3m against liabilities of $0, net assets of $2.3m.