Hillcrest Meals on Wheels Inc

Analysis

Hillcrest Meals on Wheels Inc is a registered charity in United States, based in Lyndhurst, OH. It received its IRS tax-exemption ruling in June 1984, 42 years ago. 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 December 2023, Hillcrest Meals on Wheels Inc reported income of $73k and spending of $88k, spending 120% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $86k to $73k (-15%), an average of -15% a year. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hillcrest Meals on Wheels Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 29th percentile within OH. Charities of a similar size with the same main cause include Elizabeth E Eggers and Family Memorial Trust ($73k), Interfaith Food Pantry Inc ($73k) and Daybreak Childrens Foundation Inc ($73k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 15% of the total. At year end it held assets of $40k against liabilities of $4,781, net assets of $35k.