Holy Family Services Inc

Analysis

Holy Family Services Inc is a registered charity in United States, based in Weslaco, TX. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Holy Family Services Inc reported income of $1.3m and spending of $935k, leaving 30% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $777k to $1.3m (+73%), an average of +15% a year. The sharpest change came in the year to June 2020, when income rose by 53%. Over the whole period it spent 67% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Holy Family Services Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 86th percentile within TX. Charities of a similar size with the same main cause include Urban Health Partnerships Incorporated ($1.3m), Childrens Oncology Services of Massachusetts Inc ($1.3m) and Kentucky Lions Eye Foundation Inc ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 62% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $114k (12% of expenses). Other salaries and wages came to $481k. At year end it held assets of $950k against liabilities of $278k, net assets of $671k. It reported 27 employees.