Ihc Hospice Inc

Analysis

Ihc Hospice Inc is a registered charity in United States, based in Savannah, GA. It received its IRS tax-exemption ruling in October 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Ihc Hospice Inc reported income of $411k and spending of $493k, spending 120% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $742k to $411k (-45%), an average of -18% a year. The sharpest change came in the year to December 2022, when income dropped by 30%. Over the whole period it spent 125% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ihc Hospice Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 71st percentile within GA. Charities of a similar size with the same main cause include Community Childrens Center ($411k), Oncology and Kids Inc ($411k) and Lamppost Farm ($411k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. Other salaries and wages came to $258k. At year end it held assets of $340k against liabilities of $370k, net assets of -$30k. It reported 14 employees.