Health Occupations Students of America

Analysis

Health Occupations Students of America is a registered charity in United States, based in Laredo, TX. 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), and contributions to it are listed as tax-deductible.

In the financial year ending August 2022, Health Occupations Students of America reported income of $1.5m and spending of $1.3m, spending 87% of its income. Across the 4 years on record, from August 2019 to August 2022, income grew from $1.3m to $1.5m (+11%), an average of +3.5% a year. The sharpest change came in the year to August 2022, when income rose by 80%. Over the whole period it spent 89% 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 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include Training and Simulation Technology Consortium Inc ($1.5m), Utica Public Library ($1.5m) and Georgia Appellate Prac & Educ Resource ($1.5m).

On its Form 990 for the period ending August 2022, revenue came from contributions and grants 3.0% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $173k (13% of expenses). Other salaries and wages came to $36k. At year end it held assets of $2.3m against liabilities of $99k, net assets of $2.2m.