Hospice Support Foundation

Analysis

Hospice Support Foundation is a registered charity in United States, based in Mendota Heights, MN. It received its IRS tax-exemption ruling in May 2009, 17 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Support Foundation reported income of $370k and spending of $398k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $127k to $370k (+191%), an average of +31% a year. The sharpest change came in the year to December 2022, when income rose by 84%. Over the whole period it spent 60% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hospice Support Foundation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within MN. Charities of a similar size with the same main cause include 431 Ministries ($370k), Laolam ($370k) and International House Philadelphia Inc ($370k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $12k (3.0% of expenses). Other salaries and wages came to $71k. At year end it held assets of $961k against liabilities of $24k, net assets of $937k.