Eaton Community Hospice Inc

Analysis

Eaton Community Hospice Inc is a registered charity in United States, based in Charlotte, MI. It received its IRS tax-exemption ruling in May 1984, 42 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Eaton Community Hospice Inc reported income of $934k and spending of $965k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $956k to $934k (-2.3%), an average of -0.6% a year. The sharpest change came in the year to December 2020, when income rose by 19%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Eaton Community Hospice Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within MI. Charities of a similar size with the same main cause include Council for Health and Human Service Ministries ($934k), The Waldorf School of Mendocino County ($934k) and Dartmouth Child Care Center Contracting Services Inc ($934k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $78k (8.1% of expenses). Other salaries and wages came to $449k. At year end it held assets of $2.9m against liabilities of $1.5m, net assets of $1.4m. It reported 22 employees.