Hospice of North Iowa

Analysis

Hospice of North Iowa is a registered charity in United States, based in Des Moines, IA. It received its IRS tax-exemption ruling in April 1982, 44 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 June 2023, Hospice of North Iowa reported income of $5.4m and spending of $5.1m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $7.8m to $5.4m (-31%), an average of -8.8% a year. The sharpest change came in the year to June 2022, when income dropped by 36%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hospice of North Iowa 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 92nd percentile, and in the 93rd percentile within IA. Charities of a similar size with the same main cause include St Anns Center for Children Youth and Families ($5.4m), Alameda Point Collaborative Inc ($5.4m) and Freedom Service Dogs Inc ($5.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.6% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $262k (5.2% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $23.8m against liabilities of $959k, net assets of $22.8m.