Hospice House of Hampton Roads

Analysis

Hospice House of Hampton Roads is a registered charity in United States, based in Virginia BCH, VA. It received its IRS tax-exemption ruling in July 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, Hospice House of Hampton Roads reported income of $2.0m and spending of $314k, leaving 84% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $79k to $2.0m (+2396%), an average of +124% a year. The sharpest change came in the year to December 2020, when income rose by 271%. Over the whole period it spent 13% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hospice House of Hampton Roads sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within VA. Charities of a similar size with the same main cause include Richard G Snyder YMCA Campus ($2.0m), Guardianship Services Inc ($2.0m) and Kids International Ministries Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. It paid $206k in professional fundraising fees. At year end it held assets of $7.8m against liabilities of $1.8m, net assets of $6.1m.