Hillside House

Analysis

Hillside House is a registered charity in United States, based in Santa Barbara, CA. It received its IRS tax-exemption ruling in May 1947, 79 years ago. 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 December 2023, Hillside House reported income of $9.0m and spending of $8.0m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.3m to $9.0m (+71%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 30%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hillside House sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Essex Valley School ($9.0m), Upward Bound House ($9.0m) and Literary Arts Inc ($9.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.2% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $152k (1.9% of expenses). Other salaries and wages came to $4.2m. At year end it held assets of $7.8m against liabilities of $606k, net assets of $7.2m. It reported 124 employees.