Hill Country Cottages Inc

Analysis

Hill Country Cottages Inc is a registered charity in United States, based in Dripping SPGS, TX. It received its IRS tax-exemption ruling in April 1982, 44 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hill Country Cottages Inc reported income of $92k and spending of $100k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $102k to $92k (-10%), an average of -2.6% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hill Country Cottages Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within TX. Charities of a similar size with the same main cause include Love America Inc ($92k), Durand-Hedden House & Garden Association of Maplewood NJ ($92k) and Hospers Area Development Corporation ($92k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $22k (22% of expenses). At year end it held assets of $66k against liabilities of $75k, net assets of -$8,617. It reported 1 employees.