Hyla Middle School

Analysis

Hyla Middle School is a registered charity in United States, based in Bainbridge Is, WA. It received its IRS tax-exemption ruling in August 1993, 33 years ago. 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 June 2023, Hyla Middle School reported income of $4.3m and spending of $4.5m, spending 104% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.8m to $4.3m (+53%), an average of +15% a year. The sharpest change came in the year to June 2022, when income rose by 28%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hyla Middle School 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 92nd percentile within WA. Charities of a similar size with the same main cause include P S Arts ($4.3m), Achilles International Inc ($4.3m) and Kansas Big Brothers Big Sisters Inc ($4.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $192k (4.2% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $17.1m against liabilities of $10.2m, net assets of $7.0m. It reported 35 employees.