Hunters Hill Inc

Analysis

Hunters Hill Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in March 2009, 17 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 (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, Hunters Hill Inc reported income of $77k and spending of $114k, spending 147% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $66k to $77k (+17%), an average of +3.9% a year. The sharpest change came in the year to June 2021, when income rose by 29%. Over the whole period it spent 159% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Hunters Hill Inc sits at the 17th percentile: it is larger than about 17% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within NC. Charities of a similar size with the same main cause include Kinkead Foundation ($77k), Specialized Housing I Incorporated ($77k) and Building for Christ ($77k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 48% and program service revenue 52% of the total. At year end it held assets of $754k against liabilities of $1.2m, net assets of -$421k.

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.