Health Occupations Students of America

Analysis

Health Occupations Students of America is a registered charity in United States, based in Gainesville, FL. It received its IRS tax-exemption ruling in February 1982, 44 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 June 2024, Health Occupations Students of America reported income of $910k and spending of $678k, leaving 25% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $556k to $910k (+64%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 75%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Health Occupations Students of America sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 80th percentile within FL. Charities of a similar size with the same main cause include B&n Educators Inc ($910k), National Foundation for Women Legislators Inc ($910k) and Literacy New York Inc ($910k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 5.6% and program service revenue 92% of the total. Other salaries and wages came to $273k. At year end it held assets of $942k against liabilities of $115k, net assets of $827k.