Hollister House Inc

Analysis

Hollister House Inc is a registered charity in United States, based in New Albany, OH. It received its IRS tax-exemption ruling in September 1982, 44 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Hollister House Inc reported income of $365k and spending of $424k, spending 116% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $347k to $365k (+5.0%), an average of +1.2% a year. Over the whole period it spent 107% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hollister House Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within OH. Charities of a similar size with the same main cause include Family Promise of the Capital Region Inc ($365k), Promised Learning Center Ltd ($365k) and Hershey Housing ($365k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% and program service revenue 15% of the total. At year end it held assets of $266k against liabilities of $1.3m, net assets of -$1.1m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.