Hillsboro Community Foundation Inc

Analysis

Hillsboro Community Foundation Inc is a registered charity in United States, based in Hillsboro, OR. It received its IRS tax-exemption ruling in February 1987, 39 years ago. 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 2023, Hillsboro Community Foundation Inc reported income of $983k and spending of $487k, leaving 50% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $705k to $983k (+39%), an average of +8.7% a year. The sharpest change came in the year to June 2020, when income rose by 136%. Over the whole period it spent 37% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hillsboro Community Foundation Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within OR. Charities of a similar size with the same main cause include Boys & Girls Club of East Alabama ($982k), American Foundation for Affordable Housing Inc ($983k) and Nami Jacksonville FL Inc ($982k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% of the total. Other salaries and wages came to $65k. At year end it held assets of $5.6m against liabilities of $2,068, net assets of $5.6m. It reported 2 employees.