Hillcrest Childrens Center

Analysis

Hillcrest Childrens Center is a registered charity in United States, based in Anchorage, AK. It received its IRS tax-exemption ruling in February 1973, 53 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Hillcrest Childrens Center reported income of $1.6m and spending of $1.5m, spending 94% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.1m to $1.6m (+39%), an average of +8.6% a year. The sharpest change came in the year to June 2023, when income rose by 21%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hillcrest Childrens Center sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within AK. Charities of a similar size with the same main cause include Jefferson City Day Care Inc ($1.6m), St Philips Child Development Center ($1.6m) and Community Options ($1.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 26% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $73k (5.0% of expenses). Other salaries and wages came to $883k. At year end it held assets of $447k against liabilities of $103k, net assets of $345k. It reported 37 employees.