Hillsides

Analysis

Hillsides is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in September 1934, 92 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Hillsides reported income of $37.7m and spending of $41.8m, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $44.8m to $37.7m (-16%), an average of -4.2% a year. The sharpest change came in the year to June 2023, when income dropped by 21%. 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, Hillsides sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Coastline Elderly Services Inc ($37.7m), Metropolitan Charities Inc ($37.7m) and American Friends of Yad Eliezer Inc ($37.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 85% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $1.8m (4.2% of expenses). Other salaries and wages came to $21.8m. At year end it held assets of $33.0m against liabilities of $16.8m, net assets of $16.2m. It reported 519 employees.