Pennyroyal Hospice Inc

Analysis

Pennyroyal Hospice Inc is a registered charity in United States, based in Hopkinsville, KY. It received its IRS tax-exemption ruling in January 1984, 42 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 December 2023, Pennyroyal Hospice Inc reported income of $2.6m and spending of $2.7m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.4m to $2.6m (+7.4%), an average of +1.8% a year. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pennyroyal Hospice Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within KY. Charities of a similar size with the same main cause include Northboro Youth Hockey Program Inc ($2.6m), Grace ($2.6m) and Muskingum Economic Opportunity Action Group Inc ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.4% and program service revenue 72% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $4.8m against liabilities of $576k, net assets of $4.2m. It reported 25 employees.