Hospice Volunteers of Hancock County

Analysis

Hospice Volunteers of Hancock County is a registered charity in United States, based in Ellsworth, ME. It received its IRS tax-exemption ruling in May 1983, 43 years ago. 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 June 2023, Hospice Volunteers of Hancock County reported income of $288k and spending of $281k, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $271k to $288k (+6.3%), an average of +1.5% a year. The sharpest change came in the year to June 2021, when income rose by 55%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hospice Volunteers of Hancock County sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 55th percentile within ME. Charities of a similar size with the same main cause include Ukrainian American Freedom Foundation Inc ($288k), Forest Hills Public Schools Foundation ($288k) and Phelps County Historical Society ($288k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 101% of the total. Other salaries and wages came to $163k. At year end it held assets of $1.3m against liabilities of $8,845, net assets of $1.3m. It reported 6 employees.