Hillsboro Manor Housing Inc

Analysis

Hillsboro Manor Housing Inc is a registered charity in United States, based in Hillsboro, ND. It received its IRS tax-exemption ruling in January 1999, 27 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Hillsboro Manor Housing Inc reported income of $147k and spending of $133k, spending 90% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $149k to $147k (-1.0%), an average of -0.2% a year. The sharpest change came in the year to June 2022, when income rose by 467%. Over the whole period it spent 56% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Hillsboro Manor Housing Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 39th percentile within ND. Charities of a similar size with the same main cause include Hazen Pioneer Apartments ($147k), Colver Development Corp ($147k) and New Day ($147k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 99% of the total. At year end it held assets of $738k against liabilities of $306k, net assets of $433k.