Hospets Inc

Analysis

Hospets Inc is a registered charity in United States, based in Marble Hill, MO. It received its IRS tax-exemption ruling in March 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Hospets Inc reported income of $110k and spending of $122k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $111k to $110k (-1.0%), an average of -1.0% a year. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hospets Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within MO. Charities of a similar size with the same main cause include Family Food Ministry ($110k), Youth Development Foundation of Port Aransas ($110k) and Personal Growth Center ($110k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $157k against liabilities of $0, net assets of $157k.