Hillcroft Services Inc

Analysis

Hillcroft Services Inc is a registered charity in United States, based in Muncie, IN. It received its IRS tax-exemption ruling in October 1954, 72 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2024, Hillcroft Services Inc reported income of $15.5m and spending of $15.8m, spending 102% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $13.7m to $15.5m (+13%), an average of +3.1% a year. The sharpest change came in the year to June 2021, when income rose by 23%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hillcroft Services Inc 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 IN. Charities of a similar size with the same main cause include Ilife LLC ($15.5m), York County Cerebral Palsy Home Inc ($15.5m) and Glenkirk ($15.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 3.1% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $650k (4.1% of expenses). Other salaries and wages came to $8.7m. At year end it held assets of $17.7m against liabilities of $4.2m, net assets of $13.4m. It reported 384 employees.