Coastal Family Hospice

Analysis

Coastal Family Hospice is a registered charity in United States, based in Rockland, ME. It received its IRS tax-exemption ruling in September 1980, 46 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Coastal Family Hospice reported income of $93k and spending of $135k, spending 146% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $237k to $93k (-61%), an average of -27% a year. The sharpest change came in the year to December 2022, when income dropped by 69%. Over the whole period it spent 59% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Coastal Family Hospice sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 28th percentile within ME. Charities of a similar size with the same main cause include Trenton Diocesan Council St Vincent Depaul Society Inc ($93k), Children of Bulgaria Inc ($93k) and Main Gate Counseling Services ($93k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 36% of the total. At year end it held assets of $418k against liabilities of $2,109, net assets of $416k.