Hospice of the Valley Foundation Inc

Analysis

Hospice of the Valley Foundation Inc is a registered charity in United States, based in Decatur, AL. It received its IRS tax-exemption ruling in January 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hospice of the Valley Foundation Inc reported income of $315k and spending of $0, leaving 100% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $354k to $315k (-11%), an average of -2.9% a year. The sharpest change came in the year to December 2021, when income rose by 56%. Over the whole period it spent 31% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hospice of the Valley Foundation Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 64th percentile within AL. Charities of a similar size with the same main cause include Highland Lakes Pregnancy Resource Center ($315k), Shadida Solution ($316k) and Dunbar Association Inc ($315k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% of the total. At year end it held assets of $2.6m against liabilities of $0, net assets of $2.6m.