Hope Hospice and Palliative Care Inc

Analysis

Hope Hospice and Palliative Care Inc is a registered charity in United States, based in Medford, WI. It received its IRS tax-exemption ruling in February 1985, 41 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Hope Hospice and Palliative Care Inc reported income of $2.5m and spending of $2.2m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.9m to $2.5m (+27%), an average of +6.2% a year. The sharpest change came in the year to December 2020, when income rose by 21%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hope Hospice and Palliative Care Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within WI. Charities of a similar size with the same main cause include Pacifica Resource Center ($2.5m), Stempower Inc ($2.5m) and Salt Outreach Inc ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.6% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $121k (5.5% of expenses). Other salaries and wages came to $954k. At year end it held assets of $5.8m against liabilities of $207k, net assets of $5.6m. It reported 21 employees.