Hillview Retirement Center

Analysis

Hillview Retirement Center is a registered charity in United States, based in Portsmouth, OH. It received its IRS tax-exemption ruling in September 1983, 43 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Hillview Retirement Center reported income of $13.8m and spending of $17.6m, spending 128% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $15.0m to $13.8m (-7.8%), an average of -2.0% a year. The sharpest change came in the year to December 2022, when income dropped by 33%. Over the whole period it spent 109% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hillview Retirement Center sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within OH. Charities of a similar size with the same main cause include Northcrest Inc ($13.8m), Center for Human Development Inc ($13.8m) and YMCA of Metuchen NJ ($13.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.1% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $224k (1.3% of expenses). At year end it held assets of $22.1m against liabilities of $17.6m, net assets of $4.5m. It reported 309 employees.