Hco Investments Inc

Analysis

Hco Investments Inc is a registered charity in United States, based in Winona, MN. It received its IRS tax-exemption ruling in June 1994, 32 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 December 2023, Hco Investments Inc reported income of $82k and spending of $80k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $72k to $82k (+14%), an average of +14% a year. Over the whole period it spent 104% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Hco Investments Inc sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 29th percentile within MN. Charities of a similar size with the same main cause include Florida Keys Community Land Trust Inc ($82k), Specialized Housing II Incorporated ($82k) and Homme Apartments Inc ($82k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $317k against liabilities of $103k, net assets of $214k.