Upper Valley Hostel Inc

Analysis

Upper Valley Hostel Inc is a registered charity in United States, based in Hanover, NH. It received its IRS tax-exemption ruling in July 1978, 48 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 2024, Upper Valley Hostel Inc reported income of $227k and spending of $253k, spending 112% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $183k to $227k (+24%), an average of +4.4% a year. The sharpest change came in the year to June 2024, when income rose by 69%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Upper Valley Hostel Inc sits at the 43rd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 58th percentile within NH. Charities of a similar size with the same main cause include Sisters Helping Each Other Inc ($227k), Infectious Disease Society for Obstetrics and Gynecology ($227k) and Global Genomic Medicine Collaborative ($227k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 69% and program service revenue 19% of the total. Other salaries and wages came to $118k. At year end it held assets of $988k against liabilities of $1,507, net assets of $987k. It reported 4 employees.