Hotel Inc

Analysis

Hotel Inc is a registered charity in United States, based in Bowling Green, KY. It received its IRS tax-exemption ruling in January 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 December 2023, Hotel Inc reported income of $775k and spending of $864k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $622k to $775k (+25%), an average of +5.7% a year. The sharpest change came in the year to December 2020, when income rose by 65%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hotel Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within KY. Charities of a similar size with the same main cause include Contra Costa College Memorial Scholarship Foundation ($775k), Center for Collaborative Democracy Inc ($775k) and Link Associates Foundation Incorporates ($775k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 6.2% of the total. Other salaries and wages came to $382k. At year end it held assets of $1.1m against liabilities of $107k, net assets of $1.0m. It reported 13 employees.