Hospice Foundation of Central New York

Analysis

Hospice Foundation of Central New York is a registered charity in United States, based in Liverpool, NY. It received its IRS tax-exemption ruling in November 1993, 33 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Hospice Foundation of Central New York reported income of $1.2m and spending of $1.2m, spending 107% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income grew from $1.1m to $1.2m (+7.0%), an average of +1.7% a year. The sharpest change came in the year to May 2020, when income rose by 39%. Over the whole period it spent 67% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hospice Foundation of Central New York sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 77th percentile within NY. Charities of a similar size with the same main cause include Del Norte Association for Developmental Services ($1.2m), School Community Health Alliance of Michigan ($1.2m) and The Childrens Center at Morrisville State College Inc ($1.2m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $8.0m against liabilities of $141k, net assets of $7.9m.