Ours to Serve House of Hospitality Inc

Analysis

Ours to Serve House of Hospitality Inc is a registered charity in United States, based in Bemidji, MN. It received its IRS tax-exemption ruling in March 1986, 40 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, Ours to Serve House of Hospitality Inc reported income of $579k and spending of $548k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $293k to $579k (+98%), an average of +19% a year. The sharpest change came in the year to December 2020, when income rose by 62%. 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, Ours to Serve House of Hospitality Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within MN. Charities of a similar size with the same main cause include Wild Ops ($579k), Cotton Boll Sheltered Workshops Inc ($579k) and Gamelin-Oregon Association ($579k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. Compensation of current officers, directors and key employees was $42k (7.7% of expenses). Other salaries and wages came to $187k. At year end it held assets of $967k against liabilities of $32k, net assets of $935k. It reported 15 employees.