Hospice of Lansing Inc

Analysis

Hospice of Lansing Inc is a registered charity in United States, based in Lansing, MI. It received its IRS tax-exemption ruling in October 1980, 46 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 Lansing Inc reported income of $5.5m and spending of $5.9m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.8m to $5.5m (+14%), an average of +3.3% a year. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hospice of Lansing Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within MI. Charities of a similar size with the same main cause include Center for Aging and Rehabilitation of Lake Worth Inc ($5.5m), Texas Health Recovery and Wellness Center ($5.5m) and Boley-Par Inc ($5.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 10% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $108k (1.8% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $2.7m against liabilities of $963k, net assets of $1.8m. It reported 70 employees.