Mountain Valley Hospice Foundationinc

Analysis

Mountain Valley Hospice Foundationinc is a registered charity in United States, based in Gloversville, NY. It received its IRS tax-exemption ruling in May 2007, 19 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, Mountain Valley Hospice Foundationinc reported income of $83k and spending of $358k, spending 432% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $76k to $83k (+9.1%), an average of +2.2% a year. The sharpest change came in the year to December 2023, when income dropped by 37%. Over the whole period it spent 256% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mountain Valley Hospice Foundationinc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 32nd percentile within NY. Charities of a similar size with the same main cause include Smithville Food Pantry ($83k), Society of St Vincent de Paul St Charles Borromeo Conference Inc ($83k) and Unified Employee Support Fund Inc ($83k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 10% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.