Antioch Hillcrest Terrace Inc

Analysis

Antioch Hillcrest Terrace Inc is a registered charity in United States, based in Walnut Creek, CA. It received its IRS tax-exemption ruling in October 1997, 29 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 2023, Antioch Hillcrest Terrace Inc reported income of $627k and spending of $775k, spending 124% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $567k to $627k (+11%), an average of +3.5% a year. Over the whole period it spent 136% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Antioch Hillcrest Terrace Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Metropolitan Housing and Community Development Corporation ($627k), Christ Serv Inc ($627k) and Ellison I Housing Corporation ($627k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $3.2m against liabilities of $7.8m, net assets of -$4.6m.

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.