Niagara Hospice Alliance Inc

Analysis

Niagara Hospice Alliance Inc is a registered charity in United States, based in Lockport, NY. It received its IRS tax-exemption ruling in August 2013, 13 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Niagara Hospice Alliance Inc reported income of $1.7m and spending of $1.7m, spending 100% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $2.2m to $1.7m (-24%), an average of -8.8% a year. The sharpest change came in the year to June 2021, when income dropped by 100%. Over the whole period it spent 43% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Niagara Hospice Alliance Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 81st percentile within NY. Charities of a similar size with the same main cause include Clackamas Service Center Inc ($1.7m), Operation Nightwatch ($1.7m) and Mahaska County YMCA ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $392k (24% of expenses). Other salaries and wages came to $912k. At year end it held assets of $2.3m against liabilities of $226k, net assets of $2.1m.