Holiday Hill Inc

Analysis

Holiday Hill Inc is a registered charity in United States, based in Coleman, TX. It received its IRS tax-exemption ruling in May 1953, 73 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 2022, Holiday Hill Inc reported income of $5.7m and spending of $4.2m, leaving 26% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $4.7m to $5.7m (+21%), an average of +6.5% a year. The sharpest change came in the year to December 2022, when income rose by 25%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Holiday Hill Inc sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 95th percentile within TX. Charities of a similar size with the same main cause include Seaview Community Services ($5.7m), Mecklenburg Aquatic Club Inc ($5.7m) and Central Washington University Foundation ($5.7m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $85k (2.0% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $5.8m against liabilities of $2.1m, net assets of $3.6m. It reported 129 employees.