Joliet Area Community Hospice Corporation

Analysis

Joliet Area Community Hospice Corporation is a registered charity in United States, based in Joliet, IL. It received its IRS tax-exemption ruling in May 1983, 43 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, Joliet Area Community Hospice Corporation reported income of $38.3m and spending of $32.3m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $26.3m to $38.3m (+46%), an average of +9.9% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Joliet Area Community Hospice Corporation sits at the 99th 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 IL. Charities of a similar size with the same main cause include Immanuel Caring Ministries Inc ($38.3m), Community Action Committee of Pike County ($38.3m) and Graceworks Lutheran Services ($38.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.2% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $1.3m (4.1% of expenses). Other salaries and wages came to $15.7m. At year end it held assets of $56.6m against liabilities of $4.4m, net assets of $52.2m. It reported 279 employees.