Hilltop Health Services Corporation

Analysis

Hilltop Health Services Corporation is a registered charity in United States, based in Grand Junction, CO. It received its IRS tax-exemption ruling in October 1998, 28 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 July 2023, Hilltop Health Services Corporation reported income of $37.3m and spending of $39.4m, spending 105% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income grew from $36.2m to $37.3m (+3.0%), an average of +0.7% a year. The sharpest change came in the year to July 2022, when income rose by 23%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hilltop Health Services Corporation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within CO. Charities of a similar size with the same main cause include Medical Care Development Incorporated ($37.2m), Upper Connecticut Valley Hospital Association ($37.3m) and Arkansas Valley Regional Medical Center 07011998 ($37.2m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 20% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $1.1m (2.9% of expenses). Other salaries and wages came to $20.4m. At year end it held assets of $67.8m against liabilities of $32.9m, net assets of $34.8m. It reported 810 employees.