Hillcrest School Inc

Analysis

Hillcrest School Inc is a registered charity in United States, based in Midland, TX. It received its IRS tax-exemption ruling in July 1993, 33 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Hillcrest School Inc reported income of $2.3m and spending of $1.7m, leaving 26% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.8m to $2.3m (+28%), an average of +6.3% a year. The sharpest change came in the year to June 2022, when income rose by 20%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hillcrest School Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 90th percentile within TX. Charities of a similar size with the same main cause include Family Policy Alliance Foundation ($2.3m), Centralia Foundation ($2.3m) and Kandu Group ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $137k (8.2% of expenses). Other salaries and wages came to $991k. At year end it held assets of $8.9m against liabilities of $542k, net assets of $8.4m. It reported 24 employees.