Hospice Foundation of Jefferson County Inc

Analysis

Hospice Foundation of Jefferson County Inc is a registered charity in United States, based in Watertown, NY. It received its IRS tax-exemption ruling in August 1998, 28 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 September 2023, Hospice Foundation of Jefferson County Inc reported income of $1.1m and spending of $1.3m, spending 121% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.0m to $1.1m (+3.2%), an average of +0.8% a year. The sharpest change came in the year to September 2021, when income rose by 103%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hospice Foundation of Jefferson County Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 76th percentile within NY. Charities of a similar size with the same main cause include Minnesota Renewal Center ($1.1m), Ywam Faith Harvest Helpers ($1.1m) and Nami Washington ($1.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 59% of the total. Other salaries and wages came to $173k. At year end it held assets of $9.5m against liabilities of $1.4m, net assets of $8.1m.