Hip of Spokane County

Analysis

Hip of Spokane County is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in August 1998, 28 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, Hip of Spokane County reported income of $8.4m and spending of $8.2m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.0m to $8.4m (+67%), an average of +14% a year. The sharpest change came in the year to December 2020, when income rose by 72%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hip of Spokane County sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within WA. Charities of a similar size with the same main cause include Caspar Inc ($8.3m), Safe Refuge ($8.4m) and Bolivar Medical Center Foundation ($8.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.1% of the total. Compensation of current officers, directors and key employees was $144k (1.8% of expenses). At year end it held assets of $4.7m against liabilities of $1.2m, net assets of $3.6m. It reported 108 employees.