Hillsboro Schools Foundation

Analysis

Hillsboro Schools Foundation is a registered charity in United States, based in Hillsboro, OR. It received its IRS tax-exemption ruling in March 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hillsboro Schools Foundation reported income of $489k and spending of $545k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $370k to $489k (+32%), an average of +7.2% a year. The sharpest change came in the year to December 2020, when income rose by 61%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hillsboro Schools Foundation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within OR. Charities of a similar size with the same main cause include Liberty Christian Academy of Sarasota Inc ($488k), Smart Schools Inc ($489k) and Fannie Lou Hamer Cancer Foundation ($488k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% of the total. Compensation of current officers, directors and key employees was $88k (16% of expenses). Other salaries and wages came to $67k. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m. It reported 3 employees.