HCPN Inc

Analysis

HCPN Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in December 2013, 13 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, HCPN Inc reported income of $753k and spending of $730k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $641k to $753k (+17%), an average of +4.1% a year. The sharpest change came in the year to December 2021, when income rose by 65%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, HCPN Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within TX. Charities of a similar size with the same main cause include American Aging Association Inc ($753k), America Scores Cleveland ($753k) and Down Syndrome Association of Northeast Ohio ($753k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.3% of the total. Compensation of current officers, directors and key employees was $123k (17% of expenses). Other salaries and wages came to $203k. At year end it held assets of $972k against liabilities of $11k, net assets of $961k. It reported 3 employees.