Hilltop Aspires Inc

Analysis

Hilltop Aspires Inc is a registered charity in United States, based in Wichita, KS. It received its IRS tax-exemption ruling in June 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Hilltop Aspires Inc reported income of $1.1m and spending of $1.1m, spending 100% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $551k to $1.1m (+107%), an average of +107% a year. The sharpest change came in the year to June 2023, when income rose by 107%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hilltop Aspires Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within KS. Charities of a similar size with the same main cause include Little Miracles Day Care Vass N C ($1.1m), River City Ministry of Pulaski County Inc ($1.1m) and Association of Jewish Aging Services ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.0% and program service revenue 96% of the total. Other salaries and wages came to $834k. At year end it held assets of $24k against liabilities of $24k, net assets of $0. It reported 21 employees.