Kentucky Association of Hospices Inc

Analysis

Kentucky Association of Hospices Inc is a registered charity in United States, based in Frankfort, 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, Kentucky Association of Hospices Inc reported income of $205k and spending of $168k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $185k to $205k (+11%), an average of +2.5% a year. The sharpest change came in the year to December 2021, when income rose by 30%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kentucky Association of Hospices Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within KY. Charities of a similar size with the same main cause include Wings of Hope Cancer Support Center Inc ($205k), Thunderzoll Inc ($205k) and Pregnancy Resource Center of Owasso Incorporated ($205k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 41% of the total. At year end it held assets of $600k against liabilities of $0, net assets of $600k.