HCF Supporting Organization

Analysis

HCF Supporting Organization is a registered charity in United States, based in Amarillo, TX. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, HCF Supporting Organization reported income of $485k and spending of $37k, leaving 92% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $327k to $485k (+48%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 284%. Over the whole period it spent 7.1% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, HCF Supporting Organization sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 74th percentile within TX. Charities of a similar size with the same main cause include Battle Within Inc ($485k), Health for Everyone a Non-Profit Organization ($485k) and Melissa Memorial Hospital Corporation ($485k).

At year end it held assets of $7.8m against liabilities of $0, net assets of $7.8m.