Healthcare Hospitality Network

Analysis

Healthcare Hospitality Network is a registered charity in United States, based in Aurora, CO. It received its IRS tax-exemption ruling in December 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, Healthcare Hospitality Network reported income of $182k and spending of $177k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $115k to $182k (+58%), an average of +58% a year. The sharpest change came in the year to December 2023, when income rose by 58%. Over the whole period it spent 132% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Healthcare Hospitality Network sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 48th percentile within CO. Charities of a similar size with the same main cause include New Rochelle-Campership Fund ($182k), Babylon Soccer Club Inc ($182k) and Star Gazing Farm Inc ($182k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 29% of the total. At year end it held assets of $29k against liabilities of $61k, net assets of -$33k.