Hosanna House of Transition Inc
Analysis
Hosanna House of Transition Inc is a registered charity in United States, based in Winston Salem, NC. It received its IRS tax-exemption ruling in January 2001, 25 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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 March 2023, Hosanna House of Transition Inc reported income of $275k and spending of $276k, spending 101% of its income. Across the 2 years on record, from March 2022 to March 2023, income grew from $112k to $275k (+145%), an average of +145% a year. The sharpest change came in the year to March 2023, when income rose by 145%. Over the whole period it spent 100% of the income it received.
Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Hosanna House of Transition Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within NC. Charities of a similar size with the same main cause include Rehabilitation of the Heart Inc ($274k), Shes Somebodys Daughter ($275k) and Volunteer Up Legal Clinic ($274k).
On its Form 990 for the period ending March 2023, revenue came from contributions and grants 20% and program service revenue 80% of the total. Other salaries and wages came to $37k. At year end it held assets of $0 against liabilities of $0, net assets of $0.
Income and spending
Where the income comes from
- Contributions & grants 20%
- Program services 80%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Rehabilitation of the Heart Inc | Tampa | $274k |
| Shes Somebodys Daughter | Lemoyne | $275k |
| Volunteer Up Legal Clinic | Camden | $274k |
| Colage | Seattle | $276k |