Hospice of Northwest Ohio

Analysis

Hospice of Northwest Ohio is a registered charity in United States, based in Perrysburg, OH. It received its IRS tax-exemption ruling in August 1979, 47 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 Northwest Ohio reported income of $31.5m and spending of $33.8m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $34.5m to $31.5m (-8.7%), an average of -2.2% a year. The sharpest change came in the year to December 2022, when income dropped by 31%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hospice of Northwest Ohio sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within OH. Charities of a similar size with the same main cause include Institute of Food Techologists Inc ($31.4m), International Center for Living Aquatic Resources Management Inc I ($31.6m) and Hewitt School ($31.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 10.0% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $605k (1.8% of expenses). Other salaries and wages came to $19.0m. At year end it held assets of $41.2m against liabilities of $5.4m, net assets of $35.8m. It reported 403 employees.