The Community Hospice Inc

Analysis

The Community Hospice Inc is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in September 1980, 46 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 2023, The Community Hospice Inc reported income of $41.0m and spending of $33.5m, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $36.9m to $41.0m (+11%), an average of +2.7% a year. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Community Hospice Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within NY. Charities of a similar size with the same main cause include Greencroft Goshen Inc ($41.0m), Goodwill Industries of Santa Barbara and Ventura Counties ($41.0m) and Project for Pride in Living Inc ($41.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.8% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $334k (1.0% of expenses). Other salaries and wages came to $19.2m. At year end it held assets of $71.9m against liabilities of $9.6m, net assets of $62.3m. It reported 351 employees.