Iowa City Hospice Inc

Analysis

Iowa City Hospice Inc is a registered charity in United States, based in Iowa City, IA. It received its IRS tax-exemption ruling in March 1981, 45 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Iowa City Hospice Inc reported income of $5.6m and spending of $5.0m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $7.1m to $5.6m (-21%), an average of -5.6% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Iowa City Hospice Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within IA. Charities of a similar size with the same main cause include Goodworks Inc ($5.6m), Golden Rule Services Inc ($5.6m) and Family Ark Inc ($5.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.5% and program service revenue 91% of the total. Other salaries and wages came to $2.7m. At year end it held assets of $8.7m against liabilities of $276k, net assets of $8.4m. It reported 109 employees.