Hillsboro School

Analysis

Hillsboro School is a registered charity in United States, based in Helena, AL. It received its IRS tax-exemption ruling in February 2018, 8 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 May 2024, Hillsboro School reported income of $753k and spending of $782k, spending 104% of its income. Across the 5 years on record, from July 2020 to May 2024, income grew from $657k to $753k (+15%), an average of +3.5% a year. The sharpest change came in the year to May 2023, when income rose by 36%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hillsboro School sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 79th percentile within AL. Charities of a similar size with the same main cause include Salmonberry Country Day School ($753k), Inspire Success Inc ($753k) and Magnolia Montessori School ($753k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 18% and program service revenue 81% of the total. Other salaries and wages came to $473k. At year end it held assets of $461k against liabilities of $59k, net assets of $402k. It reported 18 employees.