Hospice of Wichita Falls Inc Support TR

Analysis

Hospice of Wichita Falls Inc Support TR is a registered charity in United States, based in Wichita Falls, TX. It received its IRS tax-exemption ruling in September 2003, 23 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 Wichita Falls Inc Support TR reported income of $188k and spending of $145k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $93k to $188k (+102%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 360%. Over the whole period it spent 109% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hospice of Wichita Falls Inc Support TR sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within TX. Charities of a similar size with the same main cause include Association for Computational Learning ($188k), Peace Center Inc Food & Clothing Distribution ($188k) and Spirithorse Therapeutic Riding Center ($188k).

Compensation of current officers, directors and key employees was $20k (14% of expenses). At year end it held assets of $2.1m against liabilities of $0, net assets of $2.1m.