Good Shepherd Hospice

Analysis

Good Shepherd Hospice is a registered charity in United States, based in Farmingdale, NY. It received its IRS tax-exemption ruling in March 1946, 80 years ago. 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, Good Shepherd Hospice reported income of $48.0m and spending of $41.3m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $36.0m to $48.0m (+33%), an average of +7.4% a year. The sharpest change came in the year to December 2020, when income rose by 27%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Good Shepherd Hospice sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within NY. Charities of a similar size with the same main cause include Community Alliance Inc ($47.7m), Lifeshare Blood Center ($48.0m) and Christian Care Communities Inc ($47.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.7% and program service revenue 93% of the total. Other salaries and wages came to $21.9m. At year end it held assets of $49.3m against liabilities of $18.0m, net assets of $31.3m. It reported 331 employees.