Hillcrest Family Services

Analysis

Hillcrest Family Services is a registered charity in United States, based in Dubuque, IA. It received its IRS tax-exemption ruling in July 1946, 80 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 June 2023, Hillcrest Family Services reported income of $18.1m and spending of $18.4m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $22.9m to $18.1m (-21%), an average of -5.7% a year. The sharpest change came in the year to June 2021, when income rose by 30%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hillcrest Family Services sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within IA. Charities of a similar size with the same main cause include Community Home Health Hospice ($18.1m), Academie Lafayette ($18.1m) and Legacy Link Inc ($18.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $476k (2.6% of expenses). Other salaries and wages came to $10.6m. At year end it held assets of $24.6m against liabilities of $4.5m, net assets of $20.0m. It reported 441 employees.