Hillman Accelerator

Analysis

Hillman Accelerator is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, Hillman Accelerator reported income of $4.1m and spending of $4.0m, spending 98% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $618k to $4.1m (+557%), an average of +46% a year. The sharpest change came in the year to December 2020, when income rose by 121%. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Hillman Accelerator sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within OH. Charities of a similar size with the same main cause include Institute for Local Self Reliance Inc ($4.1m), Plumbers Local No 12 Education Fund ($4.1m) and Cintrifuse ($4.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $949k against liabilities of $0, net assets of $949k. It reported 8 employees.