Better Business Bureau Report for
Hospital Hospitality House

Better Business Bureau Report issued September 2010
Better Business Bureau Report expires September 2012


This BBB Accredited charity meets all 20 Standards for Charity Accountability and is a Seal Holder. Find out more...


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Charity Contact Information

Name: Hospital Hospitality House
Address: 612 East Marshall Street
  Richmond, VA 23219
Phone: 804-828-6901
Web Address: www.hhhrichmond.org
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Better Business Bureau Comments

Year, State Incorporated: 1983, Virginia
Affiliates: None
Stated Purpose: "To be the premier area provider of lodging and non-medical services that promote the healing process in a caring, emotionally supportive, home-like environment. To serve referred families with dignity and integrity and without regard to financial resources."

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Evaluation Conclusions

               

Hospital Hospitality House meets the 20 Standards for Charity Accountability.
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Fund Raising

               

Method(s) Used:

direct mail, invitations to fund raising events, print advertisements, television, radio, grant proposals, internet, planned giving arrangements
Fund raising costs were 21% of related contributions. (Related contributions, which totaled $1,019,812, are donations received as a result of fund raising activities.)
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Tax Status

               

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
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Financial

               

The following information is based on Hospital Hospitality House's audited financial statements - consolidated for the fiscal year ended June 30, 2010.

Source of Funds  
Joint Venture 786,107
Contribution 687,804
Unrealized Gain on investments 399,455
Special Events 332,008
Investment Income 96,400
Non-Controlling interest adj 11,064
Miscellaneous 7,239
Total Income $2,320,077


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Uses of Funds as a % of Total Expenses

Programs: 80%  Fund Raising: 11%  Administrative: 9% 

Total income   $2,320,077
  Program expenses $1,559,720
  Fund raising expenses 215,207
  Administrative expenses 180,708
 
Total expenses   $1,955,635
Income in Excess of Expenses   364,442
Beginning net assets   7,507,057
Ending net assets   7,871,499
Total liabilities   317,215
Total assets   $8,188,714


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An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the BBB Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fund raising or promotional purposes.

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