Hospice of the Eastern Upper Peninsula

Analysis

Hospice of the Eastern Upper Peninsula is a registered charity in United States, based in Sault S Marie, MI. It received its IRS tax-exemption ruling in April 1986, 40 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 the Eastern Upper Peninsula reported income of $178k and spending of $122k, leaving 31% of income unspent that year. Across the 5 years on record, from September 2019 to December 2023, income fell from $490k to $178k (-64%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 59%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hospice of the Eastern Upper Peninsula sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 51st percentile within MI. Charities of a similar size with the same main cause include Occupational & Community Health Services Inc ($178k), Race Swami ($178k) and Nami El Paso Inc ($178k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% of the total. Compensation of current officers, directors and key employees was $23k (19% of expenses). Other salaries and wages came to $56k. At year end it held assets of $1.7m against liabilities of $136k, net assets of $1.5m. It reported 14 employees.