Lifepath Hospice Inc

Analysis

Lifepath Hospice Inc is a registered charity in United States, based in Temple Terr, FL. It received its IRS tax-exemption ruling in December 2006, 20 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Lifepath Hospice Inc reported income of $80.6m and spending of $80.7m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $78.3m to $80.6m (+2.9%), an average of +0.7% a year. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lifepath Hospice Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within FL. Charities of a similar size with the same main cause include Promedica Coldwater Regional Hospital ($80.5m), Cherokee Health Systems ($80.6m) and Glencoe Regional Health Services ($80.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.5% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $242k (0.3% of expenses). Other salaries and wages came to $43.4m. At year end it held assets of $33.6m against liabilities of $7.5m, net assets of $26.1m. It reported 482 employees.