Hill House Inc

Analysis

Hill House Inc is a registered charity in United States, based in Riverside, CT. It received its IRS tax-exemption ruling in May 1979, 47 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, Hill House Inc reported income of $1.6m and spending of $1.9m, spending 118% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.4m to $1.6m (+12%), an average of +2.8% a year. The sharpest change came in the year to June 2021, when income rose by 119%. Over the whole period it spent 96% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Hill House Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within CT. Charities of a similar size with the same main cause include Alice Manor Inc ($1.6m), Open Door Ministries of High Point Inc ($1.6m) and Frayser Community Development Corporation ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 41% and program service revenue 58% of the total. Other salaries and wages came to $398k. At year end it held assets of $13.1m against liabilities of $102k, net assets of $13.0m.