Hillsboro Church Welfare Association in

Analysis

Hillsboro Church Welfare Association in is a registered charity in United States, based in Hillsboro, TX. It received its IRS tax-exemption ruling in October 1978, 48 years ago. 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, Hillsboro Church Welfare Association in reported income of $335k and spending of $311k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $87k to $335k (+286%), an average of +286% a year. The sharpest change came in the year to December 2023, when income rose by 286%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hillsboro Church Welfare Association in sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 68th percentile within TX. Charities of a similar size with the same main cause include Zeitgeist ($335k), San Diego Fine Woodworkers Association ($335k) and Kids-N-Kinship Inc ($335k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $235k against liabilities of $0, net assets of $235k.