Hilltop Child Development Center Inc

Analysis

Hilltop Child Development Center Inc is a registered charity in United States, based in Lawrence, KS. It received its IRS tax-exemption ruling in May 1976, 50 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Hilltop Child Development Center Inc reported income of $3.6m and spending of $3.0m, spending 83% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $2.7m to $3.6m (+34%), an average of +7.6% a year. The sharpest change came in the year to July 2021, when income rose by 44%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hilltop Child Development Center Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within KS. Charities of a similar size with the same main cause include Catch Global Foundation ($3.6m), Graduate Medical Education Inc ($3.6m) and South Carolina First Steps to School Readiness Board of Trustees ($3.6m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 11% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $155k (5.2% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $2.1m against liabilities of $319k, net assets of $1.8m. It reported 184 employees.