Regional Hospice and Home Care of Western Connecticut Inc

Analysis

Regional Hospice and Home Care of Western Connecticut Inc is a registered charity in United States, based in Danbury, CT. It received its IRS tax-exemption ruling in March 1987, 39 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, Regional Hospice and Home Care of Western Connecticut Inc reported income of $12.0m and spending of $13.2m, spending 110% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $13.3m to $12.0m (-9.6%), an average of -2.5% a year. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Regional Hospice and Home Care of Western Connecticut Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within CT. Charities of a similar size with the same main cause include North Bay Childrens Center Inc ($12.0m), Association of University Centers on Disabilities ($12.0m) and Community Missions of Niagara Frontier Inc ($12.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 14% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $480k (3.6% of expenses). Other salaries and wages came to $6.9m. At year end it held assets of $14.6m against liabilities of $6.4m, net assets of $8.3m. It reported 190 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.