Seven Hills School

Analysis

Seven Hills School is a registered charity in United States, based in Walnut Creek, CA. It received its IRS tax-exemption ruling in April 1966, 60 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, Seven Hills School reported income of $17.0m and spending of $17.5m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $13.2m to $17.0m (+28%), an average of +6.4% a year. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Seven Hills School sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Pennsylvania Assoc of Community Health Centers ($17.0m), New Hanover Community Health Center Inc ($17.0m) and Illinois Primary Health Care Association ($16.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.3% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $1.5m (8.7% of expenses). Other salaries and wages came to $7.4m. At year end it held assets of $31.7m against liabilities of $19.0m, net assets of $12.7m. It reported 118 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.