Hospice of the Good Shepherd Inc

Analysis

Hospice of the Good Shepherd Inc is a registered charity in United States, based in Newton Center, MA. It received its IRS tax-exemption ruling in November 1978, 48 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 June 2024, Hospice of the Good Shepherd Inc reported income of $25.6m and spending of $25.7m, spending 100% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $15.8m to $25.6m (+62%), an average of +10% a year. The sharpest change came in the year to June 2023, when income rose by 24%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hospice of the Good Shepherd Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within MA. Charities of a similar size with the same main cause include Lutheran Homes of Oconomowoc Inc ($25.6m), Weld Food Bank ($25.6m) and Fund for the Global Fund ($25.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 8.7% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $643k (2.5% of expenses). Other salaries and wages came to $14.7m. At year end it held assets of $17.3m against liabilities of $6.2m, net assets of $11.1m. It reported 272 employees.