Hildegard House

Analysis

Hildegard House is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in August 2014, 12 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hildegard House reported income of $1.1m and spending of $583k, leaving 48% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $544k to $1.1m (+106%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 198%. Over the whole period it spent 68% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Hildegard House sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 82nd percentile within KY. Charities of a similar size with the same main cause include Zaban Paradies Center for Homeless Couples Inc ($1.1m), Brentwood Economic Community Development Corp ($1.1m) and Soundview Senior Housing Development Fund Company Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. Compensation of current officers, directors and key employees was $124k (21% of expenses). Other salaries and wages came to $222k. At year end it held assets of $2.5m against liabilities of $325k, net assets of $2.2m. It reported 20 employees.