Hospice of Cincinnati Incorporated

Analysis

Hospice of Cincinnati Incorporated is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in November 1977, 49 years ago. 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, Hospice of Cincinnati Incorporated reported income of $63.7m and spending of $60.4m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $56.9m to $63.7m (+12%), an average of +2.9% a year. The sharpest change came in the year to June 2021, when income rose by 25%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hospice of Cincinnati Incorporated sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within OH. Charities of a similar size with the same main cause include St Francis Hospital of the Hospital Sisters of the Third Order of St F ($63.6m), Corp Serv Med Prim Y Prev de Hatillo ($63.8m) and Adirondack-1000 Islands Sports & Events Commission Inc ($63.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.7% and program service revenue 95% of the total. At year end it held assets of $92.3m against liabilities of $2.6m, net assets of $89.7m.