Newaygo County Compassion Home for the Terminally Ill

Analysis

Newaygo County Compassion Home for the Terminally Ill is a registered charity in United States, based in Fremont, MI. It received its IRS tax-exemption ruling in October 2015, 11 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, Newaygo County Compassion Home for the Terminally Ill reported income of $400k and spending of $338k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $131k to $400k (+204%), an average of +32% a year. The sharpest change came in the year to December 2020, when income rose by 174%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Newaygo County Compassion Home for the Terminally Ill 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 67th percentile within MI. Charities of a similar size with the same main cause include Angels of Action ($400k), Hispanic American Association of Delaware Inc ($400k) and Augusta Dream Center Inc ($400k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 7.2% of the total. Compensation of current officers, directors and key employees was $92k (27% of expenses). Other salaries and wages came to $132k. At year end it held assets of $815k against liabilities of $40k, net assets of $774k. It reported 10 employees.