Hillcrest Health System Inc

Analysis

Hillcrest Health System Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in August 2001, 25 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 August 2023, Hillcrest Health System Inc reported income of $7.0m and spending of $12k, leaving 100% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income fell from $9.2m to $7.0m (-23%), an average of -6.4% a year. The sharpest change came in the year to August 2023, when income rose by 5915695%. Over the whole period it spent 0.1% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hillcrest Health System Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within TX. Charities of a similar size with the same main cause include Ablelight Foundation Inc ($7.0m), Concord Counseling Services ($7.0m) and Suicide Prevention and Crisis Service Inc ($7.0m).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $46.3m against liabilities of $592k, net assets of $45.7m.