MJHS Hospice and Palliative Care Inc

Analysis

MJHS Hospice and Palliative Care Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 1988, 38 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, MJHS Hospice and Palliative Care Inc reported income of $95.7m and spending of $97.8m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $76.8m to $95.7m (+25%), an average of +5.7% a year. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, MJHS Hospice and Palliative Care Inc sits at the 100th 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 99th percentile within NY. Charities of a similar size with the same main cause include Young Mens Christian Association of Greater Boston Inc ($95.7m), Lifeworks Services Inc ($95.8m) and United States Veterans Initiative ($95.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.0% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $563k (0.6% of expenses). Other salaries and wages came to $32.9m. At year end it held assets of $17.4m against liabilities of $16.7m, net assets of $693k. It reported 435 employees.