Hospice Care Corporation Dba WV Caring

Analysis

Hospice Care Corporation Dba WV Caring is a registered charity in United States, based in Arthurdale, WV. It received its IRS tax-exemption ruling in September 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, Hospice Care Corporation Dba WV Caring reported income of $10.0m and spending of $10.3m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $9.6m to $10.0m (+4.1%), an average of +1.0% a year. The sharpest change came in the year to December 2020, when income rose by 23%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hospice Care Corporation Dba WV Caring sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within WV. Charities of a similar size with the same main cause include Pluralistic Schools Inc ($10.0m), Commercial Vehicle Safety Alliance ($10.0m) and Ascension Living Borgess Place ($10.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.9% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $811k (7.9% of expenses). Other salaries and wages came to $5.1m. At year end it held assets of $13.9m against liabilities of $1.3m, net assets of $12.6m. It reported 137 employees.