Hillsboro Area Health Services Inc

Analysis

Hillsboro Area Health Services Inc is a registered charity in United States, based in Hillsboro, IL. It received its IRS tax-exemption ruling in May 1990, 36 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 2023, Hillsboro Area Health Services Inc reported income of $761k and spending of $932k, spending 122% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $733k to $761k (+3.9%), an average of +1.0% a year. The sharpest change came in the year to June 2022, when income rose by 34%. Over the whole period it spent 133% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hillsboro Area Health Services Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within IL. Charities of a similar size with the same main cause include South Big Horn Senior Citizens Inc ($761k), Recovery Beyond ($761k) and Rural Education and Development Inc ($761k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.2% and program service revenue 69% of the total. Other salaries and wages came to $404k. At year end it held assets of $3.5m against liabilities of $1.2m, net assets of $2.3m. It reported 62 employees.

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.