Addison County Home Health & Hospice Inc

Analysis

Addison County Home Health & Hospice Inc is a registered charity in United States, based in New Haven, VT. It received its IRS tax-exemption ruling in July 1969, 57 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 June 2023, Addison County Home Health & Hospice Inc reported income of $9.7m and spending of $8.4m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.3m to $9.7m (+3.4%), an average of +0.8% a year. The sharpest change came in the year to June 2021, when income rose by 37%. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Addison County Home Health & Hospice Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within VT. Charities of a similar size with the same main cause include St Croix Valley Shared Services Inc ($9.7m), Children S Healing Center ($9.7m) and Heartland Foundation ($9.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 20% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $304k (3.6% of expenses). Other salaries and wages came to $4.7m. At year end it held assets of $7.9m against liabilities of $678k, net assets of $7.2m. It reported 110 employees.