Health and Technology Training Institute

Analysis

Health and Technology Training Institute is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in July 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Health and Technology Training Institute reported income of $789k and spending of $735k, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $610k to $789k (+29%), an average of +6.6% a year. The sharpest change came in the year to June 2023, when income rose by 15%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Health and Technology Training Institute sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within PA. Charities of a similar size with the same main cause include Ohio Association for Career Technology Education Inc ($789k), School for Little Children of Evanston ($789k) and Think Through Academy ($788k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 51% and program service revenue 49% of the total. Other salaries and wages came to $235k. At year end it held assets of $671k against liabilities of $185k, net assets of $487k. It reported 15 employees.