Hca Building Company

Analysis

Hca Building Company is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in October 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Hca Building Company reported income of $1.4m and spending of $2.1m, spending 145% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $797k to $1.4m (+80%), an average of +16% a year. The sharpest change came in the year to June 2021, when income rose by 44%. Over the whole period it spent 140% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hca Building Company sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within MN. Charities of a similar size with the same main cause include Griptape Inc ($1.4m), Flex High School of Cleveland Inc ($1.4m) and Manhattan Christian Academy ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 92% of the total. At year end it held assets of $26.6m against liabilities of $29.9m, net assets of -$3.3m.

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.