Health Occupations Students of America

Analysis

Health Occupations Students of America is a registered charity in United States, based in Grapevine, TX. 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).

In the financial year ending August 2024, Health Occupations Students of America reported income of $1.4m and spending of $1.2m, spending 82% of its income. Across the 5 years on record, from August 2020 to August 2024, income grew from $884k to $1.4m (+62%), an average of +13% a year. The sharpest change came in the year to August 2023, when income rose by 29%. Over the whole period it spent 90% 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 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include Phoenix House Inc ($1.4m), A Mothers Love Initiative ($1.4m) and Life Skills Training Center Inc ($1.4m).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 51% and program service revenue 47% of the total. At year end it held assets of $1.6m against liabilities of $35k, net assets of $1.6m.