Frederick Health Hospice Inc

Analysis

Frederick Health Hospice Inc is a registered charity in United States, based in Frederick, MD. It received its IRS tax-exemption ruling in December 1981, 45 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 June 2023, Frederick Health Hospice Inc reported income of $1.9m and spending of $1.6m, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.0m to $1.9m (-7.0%), an average of -1.8% a year. The sharpest change came in the year to June 2020, when income rose by 69%. Over the whole period it spent 41% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Frederick Health Hospice Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within MD. Charities of a similar size with the same main cause include Gloria Ainsworth Child Care & Learning Center Inc ($1.9m), Healthy Habits 4 Life ($1.9m) and Childrens Advocacy Center of the Bluegrass Inc ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 63% of the total. At year end it held assets of $13.5m against liabilities of $384k, net assets of $13.1m.