Homecare & Hospice Foundation Inc

Analysis

Homecare & Hospice Foundation Inc is a registered charity in United States, based in Allegany, NY. It received its IRS tax-exemption ruling in June 2004, 22 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 December 2023, Homecare & Hospice Foundation Inc reported income of $55k and spending of $48k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $92k to $55k (-40%), an average of -12% a year. The sharpest change came in the year to December 2021, when income dropped by 37%. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Homecare & Hospice Foundation Inc sits at the 17th percentile: it is larger than about 17% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within NY. Charities of a similar size with the same main cause include Desi Strong Foundation ($55k), Lakeplace Foundation ($55k) and The Chris Collins Foundation Inc ($55k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% of the total. At year end it held assets of $718k against liabilities of $94k, net assets of $624k.