Hillbrook School

Analysis

Hillbrook School is a registered charity in United States, based in Los Gatos, CA. It received its IRS tax-exemption ruling in December 1948, 78 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2024, Hillbrook School reported income of $24.0m and spending of $25.0m, spending 104% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $15.6m to $24.0m (+54%), an average of +11% a year. The sharpest change came in the year to June 2024, when income rose by 24%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hillbrook School sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Out-Of-Door Academy of Sarasota Inc ($24.0m), University of West Florida Foundation Inc ($24.0m) and Christian Unified Schools of San Diego ($23.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 24% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $2.8m (11% of expenses). Other salaries and wages came to $8.3m. At year end it held assets of $63.4m against liabilities of $49.2m, net assets of $14.2m. It reported 135 employees.