Health Occupations Students of America

Analysis

Health Occupations Students of America is a registered charity in United States, based in Plain City, OH. It received its IRS tax-exemption ruling in February 1982, 44 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3).

In the financial year ending July 2023, Health Occupations Students of America reported income of $444k and spending of $367k, spending 83% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $292k to $444k (+52%), an average of +11% a year. The sharpest change came in the year to July 2022, when income rose by 37%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Health Occupations Students of America sits at the 67th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within OH. Charities of a similar size with the same main cause include Lutheran Non-Profit Housing Corp Ann Arbor-Sequoia Place ($444k), Heart Soul Mind Strength Inc ($444k) and Yonkers Residential Center Inc ($444k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 1.6% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $99k (27% of expenses). At year end it held assets of $162k against liabilities of $0, net assets of $162k.