Hillcrest Christian School

Analysis

Hillcrest Christian School is a registered charity in United States, based in Granada Hills, CA. It received its IRS tax-exemption ruling in August 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Hillcrest Christian School reported income of $17.1m and spending of $14.4m, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $11.4m to $17.1m (+50%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 34%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hillcrest Christian School sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Elsie Whitlow Stokes Community Freedom Public Charter School ($17.1m), New York College of Podiatric Medicine ($17.1m) and Harbor Springs Charter School ($17.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $141k (1.0% of expenses). Other salaries and wages came to $7.9m. At year end it held assets of $27.8m against liabilities of $18.6m, net assets of $9.2m. It reported 271 employees.