Agrace Hospicecare Holdings Incorporated

Analysis

Agrace Hospicecare Holdings Incorporated is a registered charity in United States, based in Fitchburg, WI. It received its IRS tax-exemption ruling in October 2002, 24 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 December 2023, Agrace Hospicecare Holdings Incorporated reported income of $2.8m and spending of $2.8m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.6m to $2.8m (+12%), an average of +2.8% a year. Over the whole period it spent 121% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Agrace Hospicecare Holdings Incorporated sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within WI. Charities of a similar size with the same main cause include Any Baby Can of San Antonio Inc ($2.8m), Freed Center for Independent Living ($2.8m) and Dedham Community Association Inc ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 99% of the total. At year end it held assets of $26.1m against liabilities of $572k, net assets of $25.5m.