Home Health & Hospice Care

Analysis

Home Health & Hospice Care is a registered charity in United States, based in Merrimack, NH. It received its IRS tax-exemption ruling in September 1974, 52 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, Home Health & Hospice Care reported income of $25.4m and spending of $23.4m, spending 92% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $22.4m to $25.4m (+13%), an average of +4.3% a year. The sharpest change came in the year to June 2021, when income rose by 23%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Home Health & Hospice Care sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within NH. Charities of a similar size with the same main cause include The Family Health Centers of Georgia Inc ($25.4m), Ridgeview Clinics ($25.4m) and Spring Branch Community Health Center ($25.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $470k (2.0% of expenses). Other salaries and wages came to $14.9m. At year end it held assets of $26.6m against liabilities of $2.0m, net assets of $24.5m. It reported 305 employees.