Sharon S Richardson Community Hospice Inc

Analysis

Sharon S Richardson Community Hospice Inc is a registered charity in United States, based in Sheboygan FLS, WI. It received its IRS tax-exemption ruling in March 2006, 20 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sharon S Richardson Community Hospice Inc reported income of $14.2m and spending of $14.8m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $9.9m to $14.2m (+43%), an average of +9.4% a year. The sharpest change came in the year to December 2022, when income rose by 19%. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Sharon S Richardson Community Hospice Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within WI. Charities of a similar size with the same main cause include Trinity Health of New England Emergency Medical Services Inc ($14.2m), Mercy Hospital Ozark ($14.2m) and Abingdon Physician Partners ($14.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.0% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $1.3m (9.0% of expenses). Other salaries and wages came to $7.1m. At year end it held assets of $14.8m against liabilities of $4.1m, net assets of $10.7m. It reported 116 employees.