Hilltop House Inc

Analysis

Hilltop House Inc is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in August 1988, 38 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2024, Hilltop House Inc reported income of $2.5m and spending of $2.8m, spending 111% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.3m to $2.5m (+11%), an average of +2.5% a year. Over the whole period it spent 108% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Hilltop House Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within WA. Charities of a similar size with the same main cause include Narragansett Housing Development Fund Corp ($2.5m), Fello Housing LLC ($2.5m) and Macomb County Rotating Emergency Shelter Team ($2.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 67% and program service revenue 33% of the total. Other salaries and wages came to $714k. At year end it held assets of $9.2m against liabilities of $9.1m, net assets of $179k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.