Regional Hospice Services Inc

Analysis

Regional Hospice Services Inc is a registered charity in United States, based in Ashland, WI. It received its IRS tax-exemption ruling in April 1995, 31 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 December 2023, Regional Hospice Services Inc reported income of $4.2m and spending of $3.7m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.8m to $4.2m (+10%), an average of +2.4% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 84% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Regional Hospice Services Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within WI. Charities of a similar size with the same main cause include South Jersey Against AIDS Inc Dba South Jersey AIDS Alliance ($4.2m), Community Hospital Foundtion Inc ($4.2m) and Boca Grande Health Clinic ($4.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.0% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $203k (5.4% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $8.5m against liabilities of $362k, net assets of $8.1m. It reported 64 employees.