Hospice of Texarkana Foundation

Analysis

Hospice of Texarkana Foundation is a registered charity in United States, based in Texarkana, TX. It received its IRS tax-exemption ruling in September 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hospice of Texarkana Foundation reported income of $412k and spending of $394k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $329k to $412k (+25%), an average of +5.8% a year. The sharpest change came in the year to December 2023, when income rose by 68%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hospice of Texarkana Foundation sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 72nd percentile within TX. Charities of a similar size with the same main cause include Marianas Alliance of Non-Governmental Organizations ($412k), Little Ones Ministries Inc ($412k) and Promises of Hope Foundation ($412k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% of the total. At year end it held assets of $964k against liabilities of $17k, net assets of $947k.