Health Occupations Students of America

Analysis

Health Occupations Students of America is a registered charity in United States, based in Aiken, SC. 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 $390k and spending of $357k, spending 92% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $355k to $390k (+9.9%), an average of +1.9% a year. The sharpest change came in the year to June 2022, when income rose by 75%. Over the whole period it spent 92% 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 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 71st percentile within SC. Charities of a similar size with the same main cause include Coleman a Young Foundation ($390k), FC Dallas Foundation ($390k) and Union Thresherman Inc ($390k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 36% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $9,115 (2.6% of expenses). At year end it held assets of $230k against liabilities of $540, net assets of $229k.