Hearts for Hospice

Analysis

Hearts for Hospice is a registered charity in United States, based in Springfield, OR. It received its IRS tax-exemption ruling in December 2012, 14 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Hearts for Hospice reported income of $247k and spending of $193k, leaving 22% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $102k to $247k (+142%), an average of +25% a year. The sharpest change came in the year to June 2021, when income rose by 41%. Over the whole period it spent 82% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hearts for Hospice sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within OR. Charities of a similar size with the same main cause include Kansas Childrens Foundation ($247k), National Shingles Foundation ($247k) and Appalahcian Pregnancy Care Centersinc ($247k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 81% of the total. Other salaries and wages came to $45k. At year end it held assets of $411k against liabilities of $2,831, net assets of $408k. It reported 5 employees.