Delaware Hospice Inc

Analysis

Delaware Hospice Inc is a registered charity in United States, based in Newark, DE. It received its IRS tax-exemption ruling in June 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 September 2023, Delaware Hospice Inc reported income of $29.7m and spending of $33.3m, spending 112% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $34.0m to $29.7m (-13%), an average of -3.3% a year. The sharpest change came in the year to September 2020, when income dropped by 21%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Delaware Hospice Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within DE. Charities of a similar size with the same main cause include Food Bank of North Alabama ($29.7m), Alpha One ($29.8m) and Children and Families First Delaware Inc ($29.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 16% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $1.7m (5.1% of expenses). Other salaries and wages came to $18.0m. It paid $795 in professional fundraising fees. At year end it held assets of $46.4m against liabilities of $9.9m, net assets of $36.5m. It reported 329 employees.