Prairie Home Hospice Inc

Analysis

Prairie Home Hospice Inc is a registered charity in United States, based in Marshall, MN. It received its IRS tax-exemption ruling in February 1985, 41 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 June 2024, Prairie Home Hospice Inc reported income of $3.6m and spending of $3.4m, spending 94% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.3m to $3.6m (+61%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 65%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Prairie Home Hospice Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within MN. Charities of a similar size with the same main cause include Boy Scouts of America ($3.6m), Central Texas Summit Christian School System Inc ($3.6m) and Boys & Girls Club of Central New Mexico ($3.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 5.3% and program service revenue 90% of the total. Other salaries and wages came to $2.3m. At year end it held assets of $2.9m against liabilities of $1.6m, net assets of $1.3m. It reported 142 employees.