N C Little Memorial Hospice Inc

Analysis

N C Little Memorial Hospice Inc is a registered charity in United States, based in Edina, MN. It received its IRS tax-exemption ruling in February 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 June 2023, N C Little Memorial Hospice Inc reported income of $2.8m and spending of $2.4m, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.2m to $2.8m (+26%), an average of +6.0% a year. The sharpest change came in the year to June 2021, when income rose by 15%. Over the whole period it spent 83% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, N C Little Memorial Hospice Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within MN. Charities of a similar size with the same main cause include Brothers United ($2.8m), Never Surrender Inc ($2.8m) and Organization for Autism Research Inc ($2.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 43% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $334k (14% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $4.9m against liabilities of $120k, net assets of $4.8m. It reported 57 employees.