Main Line Health Homecare & Hospice

Analysis

Main Line Health Homecare & Hospice is a registered charity in United States, based in Radnor, PA. It received its IRS tax-exemption ruling in October 1986, 40 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Main Line Health Homecare & Hospice reported income of $76.1m and spending of $74.1m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $62.5m to $76.1m (+22%), an average of +5.1% a year. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Main Line Health Homecare & Hospice sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within PA. Charities of a similar size with the same main cause include Embrace Families Community Based Care Inc ($76.1m), Westminster-Canterbury on Chesapeake Bay ($76.3m) and Philabundance ($75.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.1% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $2.2m (2.9% of expenses). Other salaries and wages came to $43.0m. At year end it held assets of $45.0m against liabilities of $9.1m, net assets of $35.9m. It reported 663 employees.