Hospice of the Calumet Area Inc

Analysis

Hospice of the Calumet Area Inc is a registered charity in United States, based in Munster, IN. It received its IRS tax-exemption ruling in January 1982, 44 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, Hospice of the Calumet Area Inc reported income of $5.7m and spending of $5.8m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $5.9m to $5.7m (-2.6%), an average of -0.7% a year. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hospice of the Calumet Area Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within IN. Charities of a similar size with the same main cause include McLean County Center for Human Services Inc ($5.7m), Jewish Family Service & Childrens Center of Clifton-Passaic Inc ($5.7m) and St Aloysius Orphanage ($5.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $411k (7.1% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $9.0m against liabilities of $722k, net assets of $8.3m. It reported 85 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.