Hospice Volunteers of Somerset County Inc

Analysis

Hospice Volunteers of Somerset County Inc is a registered charity in United States, based in Skowhegan, ME. It received its IRS tax-exemption ruling in June 1992, 34 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 December 2023, Hospice Volunteers of Somerset County Inc reported income of $208k and spending of $105k, leaving 50% of income unspent that year. The sharpest change came in the year to December 2023, when income rose by 85%. Over the whole period it spent 78% 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 Somerset County Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 48th percentile within ME. Charities of a similar size with the same main cause include New Philadelphia Band Boosters Inc ($208k), Lakeland Retirement Foundation Ltd ($208k) and People of God ($208k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% of the total. Other salaries and wages came to $44k. At year end it held assets of $353k against liabilities of $0, net assets of $353k. It reported 1 employees.