Hospice of Fulton County Inc

Analysis

Hospice of Fulton County Inc is a registered charity in United States, based in Gloversville, NY. It received its IRS tax-exemption ruling in September 1986, 40 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, Hospice of Fulton County Inc reported income of $3.5m and spending of $3.5m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.1m to $3.5m (+13%), an average of +3.2% a year. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hospice of Fulton County Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 87th percentile within NY. Charities of a similar size with the same main cause include Spanish Speaking Elderly Council - Raices Inc ($3.5m), Meridian Community College FDN ($3.5m) and Midwest Stone Institute ($3.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 81% of the total. Other salaries and wages came to $1.9m. At year end it held assets of $2.8m against liabilities of $400k, net assets of $2.4m. It reported 48 employees.