The Foundation for the Center for Hospice and Palliative Care Inc

Analysis

The Foundation for the Center for Hospice and Palliative Care Inc is a registered charity in United States, based in Mishawaka, IN. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Foundation for the Center for Hospice and Palliative Care Inc reported income of $3.1m and spending of $4.3m, spending 142% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.0m to $3.1m (-23%), an average of -6.3% a year. The sharpest change came in the year to December 2021, when income rose by 61%. Over the whole period it spent 86% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Foundation for the Center for Hospice and Palliative Care Inc 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 89th percentile, and in the 90th percentile within IN. Charities of a similar size with the same main cause include Community Foundation of the Rappahannock River Region Inc ($3.1m), Partners Relief & Development ($3.1m) and Ozarks Technical Community College Foundation ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% of the total. Compensation of current officers, directors and key employees was $230k (5.3% of expenses). Other salaries and wages came to $795k. At year end it held assets of $63.8m against liabilities of $32.5m, net assets of $31.4m.