Hospice & Palliative Care of the Ohio Valley Inc

Analysis

Hospice & Palliative Care of the Ohio Valley Inc is a registered charity in United States, based in Owensboro, KY. It received its IRS tax-exemption ruling in July 1981, 45 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 & Palliative Care of the Ohio Valley Inc reported income of $8.5m and spending of $8.9m, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.3m to $8.5m (+17%), an average of +3.9% a year. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hospice & Palliative Care of the Ohio Valley Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within KY. Charities of a similar size with the same main cause include Agesmart Community Resources ($8.5m), Bucks County Transport Inc ($8.5m) and Quality Progressions ($8.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.4% and program service revenue 95% of the total. Other salaries and wages came to $4.9m. At year end it held assets of $14.9m against liabilities of $496k, net assets of $14.4m. It reported 106 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.