Hospital Hospitality House of Southwest Michigan Inc

Analysis

Hospital Hospitality House of Southwest Michigan Inc is a registered charity in United States, based in Kalamazoo, MI. It received its IRS tax-exemption ruling in November 1984, 42 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, Hospital Hospitality House of Southwest Michigan Inc reported income of $523k and spending of $737k, spending 141% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $496k to $523k (+5.4%), an average of +1.3% a year. The sharpest change came in the year to December 2022, when income dropped by 29%. Over the whole period it spent 115% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hospital Hospitality House of Southwest Michigan Inc sits at the 69th percentile: it is larger than about 69% 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 Natural History Society of Maryland Inc ($523k), Central Sierra Historical Society & Museum ($524k) and Well Spirituality Center ($523k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% of the total. Compensation of current officers, directors and key employees was $94k (13% of expenses). Other salaries and wages came to $325k. At year end it held assets of $6.7m against liabilities of $14k, net assets of $6.7m. It reported 21 employees.