Hospital Hospitality House of Winston-Salem

Analysis

Hospital Hospitality House of Winston-Salem is a registered charity in United States, based in Winston Salem, NC. It received its IRS tax-exemption ruling in November 2005, 21 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 (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, Hospital Hospitality House of Winston-Salem reported income of $1.6m and spending of $1.6m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.6m (+36%), an average of +8.0% a year. Over the whole period it spent 89% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hospital Hospitality House of Winston-Salem sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within NC. Charities of a similar size with the same main cause include Bone Marrow and Cancer Foundation Inc ($1.6m), Epilepsy Foundation of Texas ($1.6m) and Teddy Bear Cancer Foundation ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $85k (5.5% of expenses). Other salaries and wages came to $617k. At year end it held assets of $6.8m against liabilities of $66k, net assets of $6.8m. It reported 24 employees.