Hosts for Hospitals

Analysis

Hosts for Hospitals is a registered charity in United States, based in Gladwyne, PA. It received its IRS tax-exemption ruling in May 2014, 12 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2024, Hosts for Hospitals reported income of $281k and spending of $265k, spending 94% of its income. Across the 4 years on record, from June 2021 to June 2024, income grew from $230k to $281k (+22%), an average of +6.9% a year. Over the whole period it spent 93% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Hosts for Hospitals sits at the 45th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within PA. Charities of a similar size with the same main cause include Shadagee Seniors Housing Corporation ($281k), 1850 N Croskey Developmentcorporation ($281k) and Ashville Senior Housing Association ($280k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $126k. At year end it held assets of $145k against liabilities of $3,409, net assets of $141k. It reported 2 employees.