North Carolina Hosa - Future Health Professionals Inc

Analysis

North Carolina Hosa - Future Health Professionals Inc is a registered charity in United States, based in Mount Airy, NC. It received its IRS tax-exemption ruling in February 1982, 44 years ago. Its declared purposes cover community improvement and capacity building, 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 June 2023, North Carolina Hosa - Future Health Professionals Inc reported income of $513k and spending of $423k, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $527k to $513k (-2.5%), an average of -0.6% a year. The sharpest change came in the year to June 2020, when income dropped by 50%. Over the whole period it spent 93% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, North Carolina Hosa - Future Health Professionals Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within NC. Charities of a similar size with the same main cause include Mt Prospect Ave Neighborhoodimprovment District Management Corp ($513k), Acg Legacy Fund ($514k) and Chicago Southland Economic Development Corporation ($512k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 23% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $60k (14% of expenses). At year end it held assets of $296k against liabilities of $8,607, net assets of $287k. It reported 3 employees.