Iowa River Hospice Inc
Analysis
Iowa River Hospice Inc is a registered charity in United States, based in Marshalltown, IA. It received its IRS tax-exemption ruling in July 1983, 43 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 March 2024, Iowa River Hospice Inc reported income of $2.9m and spending of $3.1m, spending 107% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income grew from $2.6m to $2.9m (+9.3%), an average of +2.3% a year. The sharpest change came in the year to March 2021, when income rose by 28%. Over the whole period it spent 94% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Iowa River Hospice Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within IA. Charities of a similar size with the same main cause include Abbott House Foundation ($2.9m), Forsyth Futures ($2.9m) and Christian Homes of Abilene ($2.9m).
On its Form 990 for the period ending March 2024, revenue came from contributions and grants 19% and program service revenue 78% of the total. At year end it held assets of $5.6m against liabilities of $244k, net assets of $5.3m. It reported 64 employees.
Income and spending
Where the income comes from
- Contributions & grants 19%
- Program services 78%
- Other 2.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Abbott House Foundation | Mitchell | $2.9m |
| Forsyth Futures | Winston Salem | $2.9m |
| Christian Homes of Abilene | Abilene | $2.9m |
| Isaiahs Place Inc | Troy | $2.9m |