Hilltop Home Foundation

Analysis

Hilltop Home Foundation is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in March 1990, 36 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Hilltop Home Foundation reported income of $99k and spending of $6,006, leaving 94% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $40k to $99k (+151%), an average of +26% a year. The sharpest change came in the year to June 2022, when income rose by 43%. Over the whole period it spent 15% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hilltop Home Foundation sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 34th percentile within NC. Charities of a similar size with the same main cause include Re Entry One Inc ($99k), Deaf Planet Soul ($99k) and Society of St Vincent de Paul St Juliana Falconieri Conference ($99k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 118% of the total. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.