Hip Healthy Innovative Processes

Analysis

Hip Healthy Innovative Processes is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in October 2011, 15 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 2022, Hip Healthy Innovative Processes reported income of $645k and spending of $572k, spending 89% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $262k to $645k (+146%), an average of +35% a year. The sharpest change came in the year to December 2021, when income rose by 56%. Over the whole period it spent 102% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Hip Healthy Innovative Processes sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within TX. Charities of a similar size with the same main cause include Easton Economic Development Corporation ($645k), Transitional Training Services NFP ($645k) and Collegedale Tomorrow Foundation Inc ($644k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 89% and program service revenue 0.4% of the total. Other salaries and wages came to $412k. At year end it held assets of $9,140 against liabilities of $22k, net assets of -$13k. It reported 14 employees.