Hillman Grad Foundation Inc

Analysis

Hillman Grad Foundation Inc is a registered charity in United States, based in Encino, CA. It received its IRS tax-exemption ruling in February 2021, 5 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 Grad Foundation Inc reported income of $223k and spending of $219k, spending 98% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $521k to $223k (-57%), an average of -35% a year. The sharpest change came in the year to December 2023, when income dropped by 71%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hillman Grad Foundation Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 58th percentile within CA. Charities of a similar size with the same main cause include Ouachita African-American Historical Society ($223k), Dixieland Monterey a California Corporation ($223k) and Owatonna Marching Band Boosters ($223k).

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 $35k. At year end it held assets of $7,300 against liabilities of $0, net assets of $7,300. It reported 1 employees.