Hillcrest Childrens Center

Analysis

Hillcrest Childrens Center is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in July 1951, 75 years ago. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2022, Hillcrest Childrens Center reported income of $13.0m and spending of $13.0m, spending 100% of its income. Across the 4 years on record, from September 2019 to September 2022, income grew from $9.0m to $13.0m (+44%), an average of +13% a year. The sharpest change came in the year to September 2020, when income rose by 33%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hillcrest Childrens Center sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 90th percentile within DC. Charities of a similar size with the same main cause include Bethany Home Inc ($13.0m), 3rivers Inc ($13.0m) and Technical Assistance Collaborative Inc ($12.9m).

On its Form 990 for the period ending September 2022, revenue came from contributions and grants 0.1% and program service revenue 99% of the total. Other salaries and wages came to $9.3m. At year end it held assets of $10.6m against liabilities of $3.8m, net assets of $6.8m. It reported 155 employees.