Karen Ann Quinlan Center of Hope Hospice

Analysis

Karen Ann Quinlan Center of Hope Hospice is a registered charity in United States, based in Newton, NJ. It received its IRS tax-exemption ruling in July 1983, 43 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, Karen Ann Quinlan Center of Hope Hospice reported income of $9.0m and spending of $10.2m, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.9m to $9.0m (+15%), an average of +3.5% a year. The sharpest change came in the year to December 2022, when income dropped by 16%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Karen Ann Quinlan Center of Hope Hospice 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 95th percentile, and in the 96th percentile within NJ. Charities of a similar size with the same main cause include Jewish Family and Childrens Service of Southern Arizona Inc ($9.0m), Community Action Committee Inc of Chambers-Tallapoosa-Coosa ($9.0m) and Area Ministers for Christ Inc ($9.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $144k (1.4% of expenses). Other salaries and wages came to $5.6m. At year end it held assets of $2.2m against liabilities of $1.0m, net assets of $1.2m. It reported 141 employees.