Hospicare and Palliative Care Services of Tompkins County Inc

Analysis

Hospicare and Palliative Care Services of Tompkins County Inc is a registered charity in United States, based in Ithaca, NY. It received its IRS tax-exemption ruling in April 1984, 42 years ago. 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, Hospicare and Palliative Care Services of Tompkins County Inc reported income of $5.9m and spending of $5.9m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.2m to $5.9m (+14%), an average of +3.3% a year. The sharpest change came in the year to December 2021, when income dropped by 21%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hospicare and Palliative Care Services of Tompkins County Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 90th percentile within NY. Charities of a similar size with the same main cause include Employee and Family Resources Inc ($5.9m), Habitat for Humanity International Inc ($5.9m) and Friends Boarding Home ($5.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $177k (3.0% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $1.7m against liabilities of $1.6m, net assets of $162k. It reported 95 employees.