Hospital Hospitality House of Saginaw Incorporated

Analysis

Hospital Hospitality House of Saginaw Incorporated is a registered charity in United States, based in Saginaw, MI. It received its IRS tax-exemption ruling in January 1984, 42 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 May 2024, Hospital Hospitality House of Saginaw Incorporated reported income of $531k and spending of $485k, spending 91% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $253k to $531k (+110%), an average of +20% a year. The sharpest change came in the year to May 2023, when income rose by 45%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hospital Hospitality House of Saginaw Incorporated sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within MI. Charities of a similar size with the same main cause include Stepping Out Housing Inc ($531k), Leas Foundation for Leukemia Research Inc ($532k) and Imani and Unidad Inc ($531k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 56% and program service revenue 25% of the total. Other salaries and wages came to $110k. At year end it held assets of $517k against liabilities of $12k, net assets of $505k. It reported 16 employees.