Hcso Charities Inc

Analysis

Hcso Charities Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in November 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2022, Hcso Charities Inc reported income of $425k and spending of $380k, spending 89% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $413k to $425k (+2.9%), an average of +1.0% a year. The sharpest change came in the year to December 2021, when income rose by 59%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hcso Charities Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within FL. Charities of a similar size with the same main cause include The Love Kitchen Incorporated ($425k), United Humanitarian Foundation Inc ($425k) and New River Valley Disability Resource Center ($425k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 103% of the total. At year end it held assets of $716k against liabilities of $0, net assets of $716k.