National Hospitality Institute

Analysis

National Hospitality Institute is a registered charity in United States, based in Lansing, MI. It received its IRS tax-exemption ruling in May 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, National Hospitality Institute reported income of $306k and spending of $211k, leaving 31% of income unspent that year. Across the 4 years on record, from August 2020 to August 2023, income grew from $205k to $306k (+49%), an average of +14% a year. The sharpest change came in the year to August 2022, when income rose by 64%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, National Hospitality Institute sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within MI. Charities of a similar size with the same main cause include Freedom Farm Crossroads Inc ($306k), Financial Wellness Institute Inc ($306k) and Colorado Bioscience Institute ($306k).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $211k against liabilities of $26k, net assets of $186k.