Hill Community Development Corporation

Analysis

Hill Community Development Corporation is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in May 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 December 2023, Hill Community Development Corporation reported income of $5.6m and spending of $1.4m, leaving 75% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $5.6m (+431%), an average of +52% a year. The sharpest change came in the year to December 2021, when income rose by 227%. Over the whole period it spent 29% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hill Community Development Corporation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within PA. Charities of a similar size with the same main cause include H L F Inc Chartered 101188 ($5.6m), Habitat for Humanity International Inc ($5.6m) and Evans Memorial Home for the Aged Inc ($5.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% of the total. Compensation of current officers, directors and key employees was $120k (8.7% of expenses). Other salaries and wages came to $389k. At year end it held assets of $20.1m against liabilities of $2.5m, net assets of $17.6m. It reported 17 employees.