Hilltown Vision Fund Inc

Analysis

Hilltown Vision Fund Inc is a registered charity in United States, based in Cummington, MA. It received its IRS tax-exemption ruling in April 2020, 6 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 June 2024, Hilltown Vision Fund Inc reported income of $60k and spending of $44k, leaving 27% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income fell from $82k to $60k (-28%), an average of -28% a year. The sharpest change came in the year to June 2024, when income dropped by 28%. Over the whole period it spent 80% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Hilltown Vision Fund Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 32nd percentile within MA. Charities of a similar size with the same main cause include Quitman County Economic Tourism & Development Inc ($60k), Kansas I-70 Association ($60k) and Rialto Community Theater Inc ($59k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $41k against liabilities of $0, net assets of $41k.