Hospice of Fayette Co Inc

Analysis

Hospice of Fayette Co Inc is a registered charity in United States, based in WSHNGTN CT HS, OH. It received its IRS tax-exemption ruling in June 1989, 37 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 of Fayette Co Inc reported income of $5.7m and spending of $5.5m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.6m to $5.7m (+24%), an average of +5.5% a year. The sharpest change came in the year to December 2020, when income rose by 26%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hospice of Fayette Co Inc sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within OH. Charities of a similar size with the same main cause include West Virginia Primary Care Association Inc ($5.7m), St Joseph Community Services Inc ($5.7m) and Orinda Network for Education ($5.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.9% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $162k (3.0% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $4.0m against liabilities of $455k, net assets of $3.5m. It reported 36 employees.