Hospice of Hillsdale County

Analysis

Hospice of Hillsdale County is a registered charity in United States, based in Hillsdale, MI. It received its IRS tax-exemption ruling in May 1984, 42 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 Hillsdale County reported income of $2.7m and spending of $2.4m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $2.7m (+31%), an average of +6.9% a year. The sharpest change came in the year to December 2021, when income rose by 28%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hospice of Hillsdale County sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within MI. Charities of a similar size with the same main cause include The Arc of Northern Virginia ($2.7m), Ruth Chapman & Andrew G Cowles Charitable Trust ($2.7m) and Hope Ignites St Louis ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.4% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $99k (4.1% of expenses). Other salaries and wages came to $965k. At year end it held assets of $4.7m against liabilities of $105k, net assets of $4.6m. It reported 25 employees.