Hills Insurance Company INC

Mishawaka, Indiana

BHealth Score
64B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

How This Organization Compares

Compared to 22 peers in Mutual & Membership Benefit with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org10.72×
Peer Median10.70×
💰
$16.5M
Total Revenue
📊
$9.1M
Total Expenses
🏦
$97.8M
Net Assets
📋
$137.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-44.4%
Year-over-year change (2022 → 2023)
Net Margin
+44.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
10.72
Net assets divided by total expenses
Liabilities-to-Assets
58.4%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$16,532,71244%$9,121,03127%$235,145,78912%
2022$29,753,708317%$12,510,73959%$209,929,37310%
2021$7,136,194128%$30,886,33267%$233,016,5947%
2020-$25,103,631220%$18,470,18413%$217,921,65214%
2019$20,860,81913%$16,332,28010%$191,452,7517%
2018$23,974,96019%$18,076,84854%$179,155,9347%
2017$20,076,57917%$11,770,76345%$191,768,2715%
2016$17,214,42210%$21,453,52327%$183,351,4442%
2015$19,230,56315%$29,222,47276%$187,040,4394%
2014$16,710,21126%$16,581,25942%$195,582,9382%
2013$13,217,82442%$11,648,00130%$192,064,9486%
2012$22,802,5612%$16,621,9452%$180,445,2838%
2011$23,375,1413%$17,023,76816%$167,673,52210%
2010$24,203,170$14,619,968$152,428,021

Frequently Asked Questions

What does Hills Insurance Company INC do?

Hills Insurance Company INC is a mutual & membership benefit nonprofit organization based in Indiana. It is classified under NTEE code Y200 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Hills Insurance Company INC financially healthy?

Based on our 9-metric Financial Health Score model, Hills Insurance Company INC has a score of 64/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Hills Insurance Company INC generate?

Hills Insurance Company INC reports $36.8M in annual revenue and holds $255.9M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Mutual & Membership Benefit category, or browse all nonprofits in Indiana.