Hospice Volunteers of Waldo County

Analysis

Hospice Volunteers of Waldo County is a registered charity in United States, based in Belfast, ME. It received its IRS tax-exemption ruling in April 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 Volunteers of Waldo County reported income of $86k and spending of $95k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $102k to $86k (-16%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hospice Volunteers of Waldo County sits at the 33rd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 26th percentile within ME. Charities of a similar size with the same main cause include Community Bible Church of Highland Maryland ($86k), Tender Hearts Inc ($86k) and Master Gardener Association ($86k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 9.7% of the total. At year end it held assets of $187k against liabilities of $0, net assets of $187k.