Rathgeber Hospitality House Inc

Analysis

Rathgeber Hospitality House Inc is a registered charity in United States, based in Wichita Falls, TX. It received its IRS tax-exemption ruling in August 1999, 27 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 December 2023, Rathgeber Hospitality House Inc reported income of $830k and spending of $638k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $461k to $830k (+80%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 27%. Over the whole period it spent 85% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Rathgeber Hospitality House Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within TX. Charities of a similar size with the same main cause include Riverview Hospital Foundation Inc ($830k), Sanctuary Counseling Group ($831k) and Thyca Thyroid Cancer Survivors Association Inc ($830k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $88k (14% of expenses). Other salaries and wages came to $220k. At year end it held assets of $2.5m against liabilities of $2,753, net assets of $2.5m. It reported 10 employees.